India to grow 7.3% this financial year, 7.6% in FY2019: ADB
In its Asian Development Outlook (ADO), 2018, ADB said, Indian economy grew 6.6 percent in the last fiscal as it battled the lingering effects of demonetisation in 2016, businesses adjusting to Goods and Services Tax (GST) in 2017, and a subdued agriculture.
The release of the development bank says that India's growth in the financial year 2017 was driven primarily by services, which grew by 8.3 per cent due to improved growth in finance and real estate. Image source: Pixabay