MANILA -- India is set for a big economic rebound this year, the Asian Development Bank said in a new report, but warned that the current COVID surge could dampen the outlook for the country and for the wider region.
India and China -- Asia's two largest emerging economies -- are poised to lead the region's economic revival in 2021, thanks partly to vaccinations and improving global economic activity. The region also stands to benefit from the $1.9 trillion stimulus from the U.S.