30.11.201707:38:00UTC+00India Economic Growth Rebounds In September Quarter

India's economic growth accelerated in the three months to September after slowing sharply in the previous quarter, preliminary data from the Central Statistics Office showed Thursday.

Gross domestic product grew 6.3 percent year-on-year following 5.7 percent increase in the three months to June. Economists had forecast 6.4 percent expansion.

The gross value added, which is the Reserve Bank of India's preferred measure of economic growth, rose 6.1 percent year-on-year after 5.6 percent in the June quarter. Economists were looking for 6.2 percent growth.