NEW DELHI -- India's economic growth slowed to 4.1% in the January-March period, owing to countermeasures against COVID-19's omicron variant and rising inflation linked to the Ukraine war, official data showed on Tuesday.
Omicron COVID wave, inflation stemming from Ukraine war dented fiscal Q4 figures
A shopper buys vegetables from a vendor in Kolkata: India's April retail inflation surged to an almost eight-year high of 7.79%. © Reuters
NEW DELHI -- India's economic growth slowed to 4.1% in the January-March period, owing to countermeasures against COVID-19's omicron variant and rising inflation linked to the Ukraine war, official data showed on Tuesday.