India’s Q4 GDP growth surges to 7.8%, while FY24 sees a robust 8.2% expansion.
The Indian economy grew strongly in the fourth quarter of fiscal year 2023–24, expanding by 7.8% year over year. This outstanding accomplishment was reinforced by strong government spending and resilient consumer demand, resulting in a full-year GDP growth rate of 8.2%, according to preliminary figures released on May 31. Government spending boosts economic growth. The…