New Delhi, Aug. 26 -- India's economic growth likely moderated to 6.7% in the April-June quarter from a robust 7.4% in the preceding three months asurban demand remained weak, private capital expenditure was muted, and industrial activity weakened, according to median estimates of 22 economists in a Mint poll.
However, strong capital expenditure by the government and front-loading of exports to the US amid tariff uncertainty supported growth during the period.
The economists polled projected India's GDP growth in the range of 6.2% to 7.0% for the financial first quarter. All of them expect themomentum in the June quarter to be softer than that of the preceding quarter.
At 6.7%, the growth, however, will be marginally higher than the 6....
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