India economic growth likely picked up pace in April-June, according Reuters poll

India’s economic growth is expected to have accelerated to 7.7% in the April-June quarter, driven by strong demand, robust service sector growth, and increased government capital expenditure. This is the fastest annual pace in a year, according to a Reuters poll. However, growth is forecasted to moderate in the coming quarters, with economists stating that higher growth is needed to address the unemployment problem.