The median in a Reuters poll on annual growth in the December quarter was 6.9 percent, the best pace in 2017. If there was 6.9 percent growth, that would top China’s 6.8 percent annual pace for October-December. The last time India had a faster growth rate was in the final three months of 2016. In November, Moody’s raised India’s investment grade rating one notch, the rating agency’s first upgrade in nearly 14 years. India’s investment rate fell close to 30 percent of GDP in 2017 from a peak of 40 percent in 2011.

Source: dna February 28, 2018 07:05 UTC