India Loses "Fastest Growing Major Economy" Tag To China | Read
India's GDP or gross domestic product grew 5.8 per cent in the January-March period, government data showed on Friday. With that, India lost its position as the fastest-growing major economy of the world to China for the first time in one-and-a-half years. China's economy logged a growth of 6.4 per cent in the March quarter. Friday's data also meant the economy logged an average growth of 6.8 per cent for the full financial year 2018-19.
