Brief by Shorts91 Newsdesk / 12:48pm on 29 Feb 2024,Thursday India
India's gross domestic product (GDP) soared to 8.4% in the third quarter of FY24, surpassing analysts' predictions and marking a significant acceleration from 4.3% in the same period last year. The robust growth, fueled by double-digit expansion in the construction sector (10.7%) and solid performance in manufacturing (8.5%), outpaced the 7.6% growth recorded in Q2FY24. The data underscores India's rapid economic expansion despite global uncertainties, signaling resilience and strength in key sectors driving growth in the ongoing financial year.
