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  • India's GDP grows at 8.2 pct in April-June quarter

    Source: Xinhua| 2018-08-31 23:32:17|Editor: yan
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    NEW DELHI, Aug. 31 (Xinhua) -- India's gross domestic product (GDP) zoomed to 8.2 percent in the April-June quarter, the government data revealed Friday.

    "The GDP growth rate indicates clearly that several structural reforms introduced such as GST (goods and services tax) have started giving rich dividends," Indian Finance Secretary Hasmukh Adhia said.

    However, the Indian rupee touched a new low at 71 against one U.S. dollars and stock markets plummetted before the GDP data release Friday morning.

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