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India's economy to return to normal faster than expected: Barclays.
Nov 20, 2020

Barclays lifted its fiscal 2022 growth forecast for the Indian economy to 8.5% from an earlier projection of 7%, saying the country would 'return to normal' faster than expected as the COVID-19 curve in the world's second-most populous nation starts flattening.
 
India is nearing 9 million confirmed cases of the novel coronavirus - the second highest in the world, after the United States - but the number of new daily cases has fallen since a peak in mid-September.
 
'The prospect of an effective vaccine in the near future and high sero prevalence of antibodies across the population support the case for a more durable economic recovery,' Barclays said in a note.
    

The Economic Times

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