India's third quarter growth numbers beat all the estimates with the GDP comin in at 7.2 percent which was not according to the polls and opinions given by the experts. Most of the economists had expected GDP will grow in the range of 6.5 to 6.9 percent. The GDP number for October - December quarter at 7.2 percent is much better than what the stock market had expected. FY18 GDP estimate revised upwards to 6.6 percent from earlier 6.5 percent. In third quarter, manufacturing GVA growth was at 8.1 percent as against 6.9 percent in preceding quarter and similar figure was in the corresponding period last year. Agricutural GVA rose by 4.1 percent against 2.7 percent in precedig quarter and 7.5 percent in year ago quarter. Construction showed a 6.8 percent growth compared with 2.8 percent growth in preceding and year-ago quarter.

India's third quarter growth numbers beat all the estimates with the GDP comin in at 7.2 percent which was not according to the polls and opinions given by the experts. Most of the economists had expected GDP will grow in the range of 6.5 to 6.9 percent. The GDP number for October - December quarter at 7.2 percent is much better than what the stock market had expected. FY18 GDP estimate revised upwards to 6.6 percent from earlier 6.5 percent. In third quarter, manufacturing GVA growth was at 8.1 percent as against 6.9 percent in preceding quarter and similar figure was in the corresponding period last year. Agricutural GVA rose by 4.1 percent against 2.7 percent in precedig quarter and 7.5 percent in year ago quarter. Construction showed a 6.8 percent growth compared with 2.8 percent growth in preceding and year-ago quarter.