India grew at the fastest pace of any major economy in the July-September quarter but economists said disruptions from the emerging Omicron coronavirus variant risked slowing the recovery, especially given India`s low vaccination rates.

India grows fastest among major economies, GDP expands 8.4 per cent in second quarter

In the Covid-ravaged 2020-21 fiscal (April 2020 to March 2021), the economy is projected to have contracted by up to 8 per cent.

Brokerages downgrade India's GDP growth projections for FY'22

Barclays lifted its fiscal 2022 growth projection for the Indian Economy. According to Barclays the Indian economy in the fiscal year 21-22 to grow at the rate of 8.5% from an earlier projection of 7%, saying the country would have expected to "return to normal" faster than other nations.

India's economy to return to normal faster: Barclays

India will unveil a series of infrastructure projects this month as part of a plan to invest 100 trillion rupees ($1.39 trillion) in the sector over the next five years, the finance minister said on Saturday, in a push to improve the country's economy.

India plans to invest $1.39 trillion in infrastructure to spur economy