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India's economy likely accelerated in Jan-Mar, before COVID-19 wave [Reuters]

Dun & Bradstreet Holdings, Inc. (DNB) 
Last dun & bradstreet holdings, inc. earnings: 8/8 09:22 pm Check Earnings Report
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Company Research Source: Reuters
By Manoj Kumar 4 Min Read * Jan-March growth forecast at 1.0% y/y vs 0.4% in Oct-Dec * Economists cut forecasts after second wave of COVID-19 * India to release GDP data at 1200 GMT NEW DELHI, May 31 (Reuters) - India’s economic growth likely picked up in the January-March quarter from the previous three months, but economists have grown more pessimistic about this quarter after a harsh second wave of COVID-19 hit the country last month. The median forecast from a Reuters survey of 29 economists showed gross domestic product in Asia’s third-largest economy grew 1.0% in the March quarter from a year earlier, up from 0.4% in the previous quarter when India began pulling out of a steep pandemic-induced recession in earlier six months. But the second wave of infections and deaths across the world’s second-hardest hit country has caused forecasters to trim their projections for the coming months. The median forecast for April-June growth is 21.6%, down from a month-earlier estimate of 23% Show less Read more
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