“India’s Economy Exits Deep Recession as Fledgling Recovery Strengthens”

” After plunging into one of the worst recessions of any major economy, India is showing signs of a modest comeback. But that recovery is uneven, and the country is still struggling to find ways to sustain growth. Its service sector is vulnerable, and the vast informal economy — which employs farmhands, day laborers, rickshaw drivers and many millions of others — remains weak as well…

The fledgling recovery was driven by services, agriculture, construction and some sectors of manufacturing, economists said. The service sector — especially financial and professional services — has done much better than expected, said Priyanka Kishore, head of South Asia at Oxford Economics…”