Indian GDP likely boosted in July-Sept as lockdowns lifted: Report

A recent poll of economists indicates that India's economic recovery strengthened in the previous quarter due to improvement in services activity.

India's economic recovery likely strengthened in the previous quarter, boosted by services activity that recovered after pandemic-related mobility restrictions were eased, a Reuters poll of economists found.

The Nov. 22-25 poll of 44 economists put the median year-on-year growth forecast at 8.4% in the July-September period. The Indian economy expanded 1.6% and 20.1% in the Jan-March and April-June quarters, respectively.