India's Gross Domestic Product, GDP has grown at 5.7 percent in the first quarter of the current financial year. It is the highest growth recorded during the last nine quarters. The GDP growth in the last quarter of 2013-14 was at 4.6 Per cent. A sharp rebound in manufacturing and mining sectors in the April-June quarter helped the overall growth.

According to the Central Statistics Office, data released on Friday, Manufacturing, which contributes 15 per cent of the economy, expanded at an annual rate of 3.5 per cent during the April-June quarter compared to contraction of 1.2 per cent a year ago. Mining sector grew 2.1 per cent compared with a 3.9 per cent annual fall a year earlier.

However the Agricultural sector growth dipped to 3.8 percent from 4 percent of the previous quarter 2013-14. The highest growth rate during the first Quarter of 2014-15 was recorded by financial services sector at 10.4 per cent, followed by electricity gas and water supply at 10.2 per cent.