Indian Economy’s Performance – Life after Demonetization..

Indian Economy seems to have braved the impact of demonetisation reasonably well, as per the figures released by MOSPI today. GDP records a growth of 7% for quarter ended Dec'16, lower than 7.3% in Q2 but still far better than the decline projected. However, this may still be too early to take things for granted as figures are subject to revision and there could be mark down subsequently.

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