The Indian economy is running fast and has recorded a spectacular 7.9% GDP growth in the last quarter. The industrial output and also the service sector output have gone up substantially. The exports have gone down due to poor global economic scenario.
The Indian economy is riding high only on the back of a healthy domestic demand which is continuing to grow. The current quarter GDP is also expected to be around the same level, in spite of agriculture sector failing due to weak monsoon.
India growing at scorching pace