evidence: India’s economy grew by more than 8% in the fiscal year that ended in March, according to data published Friday that gives a boost to Prime Minister Narendra Modi just hours before the country concludes its mammoth, weeks-long national election. Gross domestic product (GDP) increased by 8.2%, according to the Statistics Ministry, cementing India’s status as the world’s fastest growing major economy. The rate of growth was higher than the Modi government’s forecast of 7.6%. [...] "We expect economic activity to moderate a bit further over the coming quarters, but India will remain a global outperformer," said Ankita Amajuri, assistant economist at Capital Economics.