India's economic recovery from the COVID-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation, a Reuters poll showed.
Growth in Asia's third-largest economy was pencilled in at 4.0% for the January-March quarter from the same period a year ago in a May 23-26 Reuters poll of 46 economists, down from 5.4% in Q4 2021. If realised, that would be the slowest in a year, and a third consecutive quarter of weaker growth.
January-March was the final quarter of 2021/22 fiscal year. The economy grew at 20.3%, 8.5% and 5.4% in the first three quarters of the financial year, respectively, which could be revised.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
India power ministry seeks 2-yr extension to emissions deadlineIndia's power ministry has sought a two-year extension for utilities to install emission-cutting equipment, which if approved by the environment ministry would mark the third pushback on a commitment to clean up dirty air.
Lire la suite »
Lukas Dhont’s Cannes Competition Drama ‘Close’ Sells To Mubi For UK/Ire, LatAm, Turkey & IndiaEXCLUSIVE: Mubi has acquired Lukas Dhont’s Cannes Competion entry Close for the UK, Ireland, Latin America, Turkey and India. Starring Lea Drucker (Custody), Émilie Dequenne (Our Children), Kevin J…
Lire la suite »
India Wants to Be the ‘Pharmacy of the World.' But First, It Must Wean Itself From ChinaAlready the world’s third-largest manufacturer of medicines by volume, India has one of the lowest manufacturing costs globally.
Lire la suite »
U.S. first-quarter GDP contracted at slightly faster rate, revised data showThe U.S. economy contracted at a negative 1.5% annual rate in the first quarter instead of the initial estimate of negative 1.4%, revised government data...
Lire la suite »