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Economy

India's GDP expands 20.1% in April-June from low base

Analysts say faster recovery for whole year linked to COVID vaccination pace

NEW DELHI -- India's economy grew 20.1% in the April-June quarter despite the country's deadly second coronavirus wave, mainly owing to a low base last year, official data released on Tuesday showed.

Ahead of the data's release, a Reuters poll of economists had estimated 20% growth for the three months through June, the first quarter of the country's financial year -- lower than the 21.4% predicted by the Reserve Bank of India, the central bank.

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