NEW DELHI/BENGALURU — India’s gross domestic product grew 7.6% in the July-September quarter, thanks to a strong services sector and the government’s hefty capital outlays ahead of the 2024 elections. The growth rate moderated after touching 7.8% in the first quarter of the fiscal year that started in April, according to the data released by the government on Thursday. But it surpassed the 6.5% projection of the Reserve Bank of India’s Monetary Policy Committee, the central bank’s rate-setting panel, as well as a Reuters poll that forecast 6.8%. !function(f,b,e,v,n,t,s){if(f.fbq)return;n=f.fbq=function(){n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(a
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