With these numbers, India has regained the status of world's fastest-growing major economy and has beaten China after one year.
The Third quarter (Q3) estimate of Gross Domestic Productreleased by the Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation estimates the GDP to grow at 7.2 percent Q3 (2017-18).
The figure raised hope that the disruptions from dramatic policy moves by Prime Minister Narendra Modi a year ago may have faded.
The data reveals that eight core sectors registered strong growth at 6.7% in January compared to 3.4% in the same period past year.
Gross fixed capital formation grew at a multi-quarter high of 12 per cent over a year ago, government spending rose 6.05 per cent as against 2.9 per cent in the previous quarter, while private consumption rose 5.6 per cent, lower than the second quarter's 6.5 per cent.
India's economy grew by more than 7 percent between October and December for the first time in 4 quarters.
"The combined Index of ECI stands at 133.1 in January, 2018, which was 6.7 per cent higher as compared to the index of January, 2017", the Ministry of Commerce & Industry said.
The growth rate is higher than what the Street had expected. Apart from these, mining, construction, financial services and agriculture also saw an upward movement in growth.
The downward revision underscored the modest result for GDP growth over all of 2017.
India's improvement on its 6.3 percent GDP growth in July-September comes as its manufacturing and services sector have been overcoming irritants caused in the bumpy launch of GST. It is also in line with the government's earlier estimates. The economy grew 6.3 percent annually in July- September.
The Indian economy reported a growth rate of 7.2% during the third quarter of the current financial year ending March 2018.
"The number to look at would be the GVA number, and GVA growth is largely in line with overall expectations and in line with what the monetary policy committee has been pencilling in". It said that such robust growth in manufacturing and significant acceleration in construction mark a turnaround in the country's economic growth momentum.
"We expect the Reserve Bank of India to continue to be on hold".
"Creating jobs for the younger generation will lead to annual growth rate above 8 percent".
In his letter to investors, Mr Buffett said the tax cut accounted for almost half of the firm's gain in net worth during 2017. The magic touch of Buffett and Munger can also be seen in the current equity portfolio of Berkshire Hathaway .
Although it's hard to find all potential conflicts involving suppliers, staff are reviewing Running Room vendors, he said. The decision came a few hours after REI's Canadian counterpart, Mountain Equipment Co-op , took a similar step.
Meanwhile, manager Paul Heyman recently told TMZ Sports that the time away from the Octagon could do Lesnar some good. WWE has erased any doubt about whether Brock Lesnar will appear at Saturday's live event in Chicago, Illinois.
The Vikings had a great team around him, sure, but it would be ridiculous to pretend that they just carried Keenum the whole way. "We have to go back a lot with Teddy on what he's done in the past, him as a person, his work ethic, all those things".
Finally getting into the Danger Islands and counting the penguins shows how robust populations are where the ice is intact'. They tallied up the numbers by hand and used a modified quadcopter drone to capture images of the entire island from above.
The arbitrators ground their decision by the fact that the situation with the Ukrainian economy has drastically worsened. The decision to terminate the contracts was made after the Stockholm Court of Arbitration violated Gazprom's interests.
Dick's, a US retailer of camping supplies, sporting goods and guns, will stop selling assault rifles and high-capacity magazines. Legal experts said they saw no likely challenges to Dick's decision to stop selling assault-style rifles.
While that certainly explains why JR was suspended for one game , it also leaves us with plenty of questions. Some of the guys who have been here, they get bored with the process, but we have to do it.
Dow falls 300 as Powell signals Fed will keep raising rates
The rupee finally settled at 65.17, showing a loss of 30 paise or 0.46 per cent - its lowest closing since November 16. He said that while there was also a risk of recession at some point in time, it was not "at all high at the moment".
Burkina Faso: multiple terror attacks rock Ouagadougou
French government sources said there had been no French casualties and described the situation in Ouagadougou as "under control". The statement expressed the deep condolences of the UAE to the families of victims and wished quick recovery to those injured.
Amazon Acquires Smart Doorbell Startup: Ring for $1 Billion
It has just been last December that it had acquired Blink , a company that specializes in the development of connected doorbells. Terms of the deal have not yet been announced , though Reuters suggests that it could be worth at least $1 billion Dollars .