India’s Q2 GDP growth likely to be 7.2%: Mint poll

India's economic growth likely stayed strong at 7.2% in the July-September quarter, albeit down from 7.8% in the previous one, led by continued improvements in rural activity and the statistical effect of a low base and low inflation, according to 15 economists in a Mint poll. The economists projected India’s GDP growth in the range of 7% to 7.7% in the September quarter. The official data is scheduled to be released on Friday. The high projected growth number is likely due in part to a low base. GDP growt ...