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

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.

Asia`s third-largest economy has rebounded strongly from last year`s deep pandemic-induced slump, boosted by vaccinations and stronger government spending, economists said. But new COVID-19 variants, a global slowdown and rising manufacturing prices all pose risks to growth. ....

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