GDP Grows 1.6% in Q1

The Indian economy rose by 1.6% in the January to March quarter (Q4 FY21) from the previous year but contracted by 7.3 per cent for the entire fiscal year, which was the worst in more than 40 years, data released by the government showed on Monday. The Indian economy continued its expansion in Q4 of FY21 in line with the forecasts by experts and is the second consecutive quarter when it has grown after being in the negative territory in the two previous ones.