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MW : India's first-quarter GDP grows 6.1% on year
 
LOS ANGELES (MarketWatch) -- India's economy grew 6.1% in the fiscal first quarter compared with the year-earlier period, according to estimates released Monday by the Central Statistical Organization. The result beat expectations for 5.8% growth reported in a Dow Jones Newswires survey of economists. The segment grouping financing, insurance, real estate and business services led growth in gross domestic product, gaining 8.1% on year. The category including trade, hotels, transport and communication was also up 8.1%. Agriculture, forestry and fishing, by comparison, rose just 2.4% on year. Manufacturing was up 3.4% on year in the April-June quarter.
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