India’s economy grew below expectations at 13.5 per cent in April-June 2022-23 (Q1 FY23), despite the low base of the equivalent period of 2021-22. Electric scooters (e-scooters) saw sharp increase in registrations in August — going up by over 10 per cent over July — after seeing falling/nominal growth numbers month-on-month since May. Read more on these in our top headlines.
Q1 GDP growth misses estimates despite low base; govt spending subdued
India’s economy grew below expectations at 13.5 per cent in April-June 2022-23 (Q1 FY23), despite the low base of the equivalent period of 2021-22, when economic activity was