Business News
Home > Business News
India's economy to grow by 8.3%, making it 2nd fastest growing-major economy
TIWN
TIWN
PHOTO : TIWN
United Nations, Oct 9 (TIWN) India's economy is expected to grow by 8.3 per cent this fiscal year, according to the World Bank, making it the second-fastest-growing major economy.
The Bank's Regional Economic Update released on Thursday said that after the "deadly second wave" of Covid-19 in India "the pace of vaccination, which is increasing, will determine economic prospects this year and beyond". "The trajectory of the pandemic will cloud the outlook in the near-term until herd immunity is achieved," it cautioned.
Add your Comment
Comments (0)
More Business News
- Indian tech leaders stand behind Ola's Bhavish in his fight against Microsoft & LinkedIn
- How volatility hit the Indian markets in last three elections
- Dell discloses data breach of some customers’ names, physical addresses
- India on the cusp of becoming a global tech powerhouse: Industry leaders
- Air India Express row: 85 flights cancelled as cabin crew members continue strike