India's economic recovery strengthened in the July-September quarter, helped by a pick-up in consumer spending, though the spread of the Omicron coronavirus variant raised fears for the future, according to Reuters.
Asia's third-largest economy has been seeing a rebound from last year's deep slump, boosted by rising vaccination rates and a pick-up in government spending.
A Reuters survey of 44 economists projected GDP data - due out at 1200 GMT on Tuesday - will show 8.4 percent year-on-year growth in the September quarter, the fastest pace among major economies, vs a 7.5 percent contraction in the same quarter last year.
(With inputs from Reuters)
Bombay High Court Orders Stay On Cutting 1,800 Trees In Nashik Tapovan Area For Simhastha Kumbh Mela
ACB Gets Go-Ahead To Proceed Against Mazgaon Court Additional Sessions Judge Aejazuddin Kazi As Corruption Probe Deepens
Television Actor Anuj Sachdeva Assaulted In Goregaon West, Alleges Police Inaction Despite FIR
Uttar Pradesh Cracks Down On Fertilizer Black Marketing, NSA Invoked Against Offenders
