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 growth likely rose to 6.4 percent from a year ago in the July-September quarter, from 5.7 percent in the previous period. Indeed, none of the 52 economists in the poll expected growth to slow from 5.7 percent. But for now, few economists expect a return to growth rates above 8 percent clocked at the start of 2016. The Reuters poll also showed India's gross value-added (GVA) growth estimate likely accelerated to 6.2 percent, from 5.6 percent.

Source: Economic Times November 29, 2017 07:18 UTC