India's GDP exceeds expectations with 7.8% growth in Q4
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India's gross domestic product (GDP) has surpassed analysts' predictions, registering a growth of 7.8% in the final quarter of FY24, as per data from the Ministry of Statistics and Programme Implementation (MOSPI). The government now anticipates an overall growth rate of 8.2% for FY24. This robust performance is attributed to significant increases in the manufacturing and mining sectors, which grew by 9.9% and 7.1%, respectively.