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India Growth Beats Estimates Despite Energy Costs, Rupee Slide

India Growth Beats Estimates Despite Energy Costs, Rupee Slide
Key Points

A rider on a motorcycle carries a mattress at a market in Lucknow, India, on Wednesday, Oct. 13, 2021. The Reserve Bank of India expects the months-long festival season to bolster urban demand in the second half of the financial year to March 2022, while rural demand will likely be buoyed by a robust monsoon and record food grain production.

A rider on a motorcycle carries a mattress at a market in Lucknow, India, on Wednesday, Oct. 13, 2021. The Reserve Bank of India expects the months-long festival season to bolster urban demand in the second half of the financial year to March 2022, while rural demand will likely be buoyed by a robust monsoon and record food grain production.
India (LOCATION) Lucknow (LOCATION) The Reserve Bank of India (ORG)
Originally published by Bloomberg Markets Read original →