December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, data released on Friday showed. The growth in gross domestic product was slightly lower than the 6.

The latest data also shows the Indian economy crossed a critical psychological threshold when its quarterly nominal GDP crossed the $ 1trillion mark for the first time in a quarter

Indias economic growth is expected to have rebounded in the October-December quarter, driven by improved rural demand and increased government spending. The economy, which slowed to 5.4% GDP growth in July-September,

December, marginally below expectations but faster than in the previous quarter on the back of increased government and consumer spending, official data showed on Friday.

India remains among the world's fastest-growing major economies, with the IMF projecting a steady 6.5% GDP growth for FY25 and FY26.

India's economic growth is expected to have picked-up in the October to December quarter as rural consumption improved following a good monsoon and government spending gathered pace.Asia's third-largest economy saw a sharp slowdown in the July to September quarter,