NSE MD & CEO SHARES INSIGHTS ON INDIA’S Q1 GDP GROWTH NUMBERS

KUALA LUMPUR, Sept 4 (Bernama) -- Managing director and chief executive officer of National Stock Exchange of India (NSE), Shri Ashishkumar Chauhan has commented on India’s gross domestic product (GDP) growth numbers for the first quarter (Q1) of this year.

Chauhan said India’s first quarter GDP numbers at 7.8 per cent is stupendous and has become the fastest growing economy in the world.

“India is going to be the growth engine of the world. In the first quarter, the services sector has grown more than 10 per cent, and it's been the centre of growth for quite some time, and overall investments have been at 35 per cent which is very encouraging.

“India is building for the future, so that faster growth can be achieved,” he said in a statement.

NSE is the world’s largest derivatives exchange by trading volume (contracts) as per the statistics maintained by Futures Industry Association for calendar year 2022.

It has a fully integrated business model comprising exchange listings, trading services, clearing and settlement services, indices, market data feeds, technology solutions and financial education offerings.

-- BERNAMA