• "If you look at the GDP numbers ... India's poised for about 8% growth this year, that makes India easily the fastest growing economy in the world" — Krishnamurthy Subramanian, executive director at the IMF and former chief economic advisor of India.
  • India's economy grew much faster than expected in the October to December quarter, data showed late on Thursday.
IMF Executive Director and former Chief Economic Advisor of India, Dr Krishnamurthy V. Subramanian addresses a press conference.

India is 'easily' the fastest growing economy in the world, IMF executive director Krishnamurthy Subramanian said, as the country's third-quarter GDP growth blew past analysts' estimates.

At 8.4%, India's economy expanded at its fastest pace in six quarters, data showed late Thursday, on strong private consumption and upbeat manufacturing and construction activity. Reuters estimates had pegged growth in the October to December period at 6.6%.