GDP growth may have beaten MPC's estimate of 6.3% in Q2: Economists

Growth numbers for the second quarter of the current financial year are scheduled to be out today

India’s gross domestic product (GDP) likely grew 6 per cent to 7.2 per cent in the second quarter of this financial year compared to 13.5 per cent in the first quarter largely due to the normalisation of base effect, said economists.

The economy expanded 8.4 per cent in the second quarter of the last financial year. The GDP numbers for the second quarter of the current financial year are scheduled to be released on Wednesday.

Most economists pegged the GDP growth rate at 6.5 per cent. The Reserve Bank of India’s monetary policy committee (MPC) has projected it to be