India's Economy Grew an Estimated 7.35% in July-September
India's economy is estimated to have grown 7.35% in the September quarter, the finance ministry said. It pointed to strong industrial output, GST collections, energy use, port traffic and auto sales. The ministry expects demand and investment to keep momentum, but warned of capital pressure linked to rising US bond yields.
Context
GDP measures the total value of goods and services a country produces, so quarterly figures show how fast the economy is moving. US bond yields matter because higher returns there can pull investors' money away from emerging markets like India.
Burning Potato score: 66%