New Delhi, Feb. 28 -- India's real GDP grew by 6.2% in the third quarter (Q3) of FY25, Business Standard reported citing data released by the National Statistics Office (NSO) under the Ministry of Statistics and Programme Implementation (MoSPI) on Friday.
This marks a recovery from the previous quarter when GDP growth had plunged to a seven-quarter low of 5.4%, falling significantly below expectations.
The rebound was driven by strong rural demand, aided by favourable monsoon conditions, alongside higher government spending.
Among sectors, construction posted the highest growth at 8.6%, followed by financial, real estate, and professional services at 7.2%, and trade, hotels, transport, communication, and broadcasting-related services a...
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