FE Today Logo

India\\\'s new govt spurs faster growth

August 30, 2014 00:00:00


NEW DELHI, Aug 29: Figures out Friday are expected to show India's faltering economy grew at its fastest pace in over two years in the first financial quarter, as the election of a new right-wing government spurred confidence. India has been mired in its longest spell of sub five-per cent growth in a quarter-century. But analysts say the economy appears to be gaining steam after the Bharatiya Janata Party (BJP)'s election victory, powered by increased consumer and investor confidence.     — AFP


Share if you like