India’s fast economic growth lays firm ground for next government
New Delhi, May 31 (Reuters): India’s economy grew at a faster-than-expected pace of 7.8% year-on-year in the first three months of 2024, helped by a strong performance in the manufacturing sector, and economists expect the momentum to continue this year. The highest growth pace among the largest economies globally will bolster the economic record of Prime Minister Narendra Modi, who is hoping to win a rare third term in the national election, with results set to be released on June 4. Investors are looking ahead to the election outcome and the full-year budget in mid-July to see what steps the