India’s economy accelerates again

India’s economy is set to grow by a faster-than-expected 8.1% in the year to the end of March, according to a government estimate.

It represents the fastest growth in two years, and beats forecasts from Indian economists and the central bank.

Growth is being helped by a boom in the manufacturing and services sectors, set to rise by more than 9%.

A key driver is set to be farm output, which is forecast to grow at 2.3% thanks to decent monsoon rains.