India's growth likely topped 7% in Jan-Mar quarter surpassing China: Poll

India likely retained the position of world's fastest growing major economy in the January-March quarter, surpassing China's growth of 6.8 per cent, driven by gains in manufacturing and consumer spending. The median in a Reuters poll on the latest quarter's annual growth was 7.3 per cent, the best pace since July-September 2016, the quarter before the government unexpectedly scrapped high-value currency notes.

Forecasts for January-March ranged from 6.9 to 7.7 per cent. The government will release GDP data on Thursday.

This article is no longer available in our repository.

There could be multiple reasons for this.