x

India to be fastest growing economy this year: Report

Shortpedia

Content Team
Image Credit: FPJ

Rising inflation rates notwithstanding, India will be the fastest growing economy in the world this year, a top government source said on Thursday. While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output. The government, the source said, is taking continuous steps and engaging with the RBI to bring down inflation.