1.7K views · 42 reactions | India's gross domestic product (GDP) expanded 0.4% in Q3, after contracting for two consecutive quarters, according to data released by the govt, suggesting that the Asia’s third-largest economy is now out of the recession. WION's Business Editor Sumit Chaturvedi has more details | WION | Facebook

India's gross domestic product or GDP expanded by 6.1 per cent in the fourth quarter (Q4) of fiscal year 2022-23, according to the official data shared by the National Statistical Office (NSO). For the entire FY23, the growth rate came in at 7.2 per cent. In Q4FY22, gross domestic product (GDP) growth was 4 per cent. The growth in real GDP during 2022-23 is estimated at 7.2 per cent as compared to 9.1 per cent in 2021-22, while nominal GDP or GDP at Current Prices in the year 2022-23 is estimat