The Reuters poll also showed India’s gross value-added (GVA) growth estimate likely accelerated to 6.2%, from 5.6%. Photo: Hindustan TimesBengaluru: Indian economic growth likely rebounded in the July-September quarter from the slowest growth in three years, with demand picking up modestly as the effects from a shock ban on high-value currency notes eased, a Reuters poll showed. But the Reuters poll of 52 economists over the past week showed gross domestic product (GDP) growth likely rose to 6.4% from a year ago in the July-September quarter, from 5.7% in the previous period. Indeed, none of the 52 economists in the poll expected growth to slow from 5.7%. The Reuters poll also showed India’s gross value-added (GVA) growth estimate likely accelerated to 6.2%, from 5.6%.

Source: Mint November 29, 2017 04:52 UTC