Showing posts with label India's new government. Show all posts
Showing posts with label India's new government. Show all posts

Saturday, 30 August 2014

India's economic growth hits two year high

India's economy grew by 5.7% in the three months to June, its fastest pace in two-and-a-half years, according to an official estimate.
The economy was helped by strong growth in electricity, gas and water supply, and financial services, the Ministry of Statistics said.
The growth figure was higher than analysts had been expecting.
India's new government has launched policies designed to encourage business investment, including changes to tax.
Ever since the Narendra Modi government took charge, business sentiment has