India’s economy grew in the range of 7-9 per cent in the second quarter (Q2) of the current fiscal year (2021-22, or FY22), against a contraction of 7.4 per cent in the corresponding period of the previous fiscal year, projected economists and various agencies. The Q2 gross domestic product (GDP) numbers are slated for release on Tuesday.

       The economy grew 20.1 per cent in the first quarter of FY22, largely on a very low base of 24.4 per cent contraction a year ago. CARE Ratings Chief Economist Madan Sabnavis said the main thrust of economic growth came from the manufacturing ...