India's Economy Grows Faster Than Expected in Q1 2024 on Strong Manufacturing
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#827d3467 ver:0.53
India's economy grew faster than expected in Q1 2024, with a year-on-year growth of 7.8%. The manufacturing and mining sectors contributed to the strong growth, surpassing that of China and Western nations. However, job creation remains a challenge. Investors are looking to the election results and budget to assess steps to boost the economy. India's business activity surged to a 14-year high, positioning it as the fastest-growing major economy. In Japan, the service sector grew at the fastest pace in eight months, supported by inbound tourism. Both countries are experiencing positive economic indicators, reflecting their ongoing recovery and resilience. #IndiaEconomy #JapanEconomy #Growth #EconomicRecovery...
#newstr #India #Economy #GdpGrowth #Modinomics #ManufacturingSector #ReserveBankOfIndia #S&pGlobal #Japan #ServiceSector #InboundTourism
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