India's economy is 'back on track' for recovery

India's economy is on the rise: the Sensex Index jumped to a 14-month high recently, and industrial production is up.

India's Sensex Index notched up its biggest daily gain in seven weeks this Monday. It jumped 2% to a 14-month high, as optimism over India's recovery prospects grew. Industrial production rose by 10.4% year-on-year in August, the best figure in nearly two years. "There is palpable optimism here," said Vikas Bajaj in the International Herald Tribune.

What the commentators said

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