Aug. 31 (Bloomberg) -- India’s economic growth accelerated for the first time since 2007, indicating the global recession’s impact on Asia’s third-largest economy is waning.
Gross domestic product expanded 6.1 percent in the three months to June 30 from a year earlier after a 5.8 percent gain in the previous quarter, the Central Statistical Organisation said in New Delhi today. That was less than the median 6.2 percent forecast in a Bloomberg News survey of 27 economists.
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