Omicron surge: How bad will it hurt India’s economy?

A rapid surge in Omicron cases has already led to economic disruptions across many countries in the world due to a fresh wave of restrictions. As Omicron spreads in India, will the country's economic recovery face any major hurdle?

A record surge in Omicron cases around the globe has led to severe disruptions, hurting economic growth just when the world was slowly seeing some economic revival.

World Health Organisation (WHO) chief Tedros Adhanom Ghebreyesus recently warned that cases are surging across the globe at a rapid pace, adding that the new variant along with Delta will lead to a “tsunami” of cases.