Bloomberg poll raises India's GDP growth forecast amid fewer Covid curbs

India’s economy is seen expanding a notch quicker than previously forecast in the current fiscal year ending March, according to a Bloomberg survey.
 

Gross domestic product will likely expand 9.4% this fiscal, according to the median estimates of the latest survey. That’s faster than 9.3% forecast last month and is mainly due to an upward revision to the third- and fourth-quarter estimates to 6% and 5.8% from 5.8% and 5.3%, respectively.

That coincides with economic activity picking up in Asia’s third-largest economy, which has shrugged off most curbs put in place to stem a deadly second wave