India's Q1 GDP growth slows to 6.7%, but still world's fastest growing major economy

India's Q1 GDP growth slowed to 6.7%, slightly below economists' expectations of 6.8-7%. Reduced government spending during elections played a role. Yet, India remains the fastest-growing major economy.

Aug 30, 2024 - 21:30
India's Q1 GDP growth slows to 6.7%, but still world's fastest growing major economy
India's Q1 GDP growth slowed to 6.7%, slightly below economists' expectations of 6.8-7%. Reduced government spending during elections played a role. Yet, India remains the fastest-growing major economy.