(FT) -- India's economy grew at 8.9 percent in the second quarter, an acceleration from the brisk growth rate posted for the previous three months.
The figures, released on Tuesday, surpassed analysts' expectations that the economy would fall short of the 8.8 percent year-on-year growth it recorded in the April to June quarter.
Manmohan Singh, India's prime minister, has forecast that the economy will expand 8.5 percent this year, after growing 7.4 percent last year, despite a severe drought that hit farm production and contributed to sky-rocketing food prices. CNN
