India Growth Beats Estimates Despite Energy Costs, Rupee Slide

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.