India's economy to return to normal faster than expected: Barclays

Topics India GDP | Barclays


Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%, saying the country would "return to normal" faster than expected as the COVID-19 curve in the world's second-most populous nation starts flattening.

India is nearing 9 million confirmed cases of the novel coronavirus - the second highest in the world, after the United States - but the number of new daily cases has fallen since a peak in mid-September. "The prospect of an effective vaccine in the near.

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