Top headlines: Q1 GDP grows 13.5%; fiscal deficit at 20.5% of FY23 target

India's economy achieved its fastest annual expansion in a year in the April-June quarter, according to NSO data

India's Q1FY23 GDP grows 13.5%, fastest in a year: Govt data

India's economy achieved its fastest annual expansion in a year in the April-June quarter, according to data released by the National Statistical Office (NSO) on Wednesday. 

India's gross domestic product (GDP) in the three months to June 30, 2022 was 13.5%. However, this is lower than the Reserve Bank of India’s projection of 16.2% GDP growth in Q1FY23. Read More

India's April-July fiscal deficit at Rs 3.41 trn, 20.5% of FY23 target

The central government's fiscal deficit touched 20.5 per cent of the annual target in the four