GDP growth rate during the last quarter of 2017-18The result has been announced. The Indian economy has grown at the rate of 7.7% in the January-March quarter (Q4) of Financial Year 2017-18. At the same time, manufacturing and construction sectors have put up an impressive result with growth at 9.1% and 11.5%, respectively. The growth rate of 4.5% in the agriculture sector is being termed as 'very good' if not 'outstanding'.
With this result, India's GDP growth for the entire Financial Year 2017-18 averaged at 6.7%, marginally above the RBI's prediction of 6.6%.
I think the result of the last quarter and the overall performance will make the investors firmly believe in India's growth prospect in near future.