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Photo by Natasha Hemrajani / Hindustan Times via Getty Images

India has taken back its claim from China as the world's fastest growing economy, with its GDP rising 7.2% this quarter on the back of a robust industrial rebound, according to The Economic Times. China reported a GDP growth of 6.8%.

Why it matters: The bounce-back is significant and indicates stability in India's eight core sectors, including coal, cement, electricity and steel. But even still, some experts say India's slowdown was self-inflicted — pointing to the government's overnight demonetization of the 500 and 1000 rupee bank notes, for example — and that 7% growth in a country where "a million young people join the job market every month" isn't enough.

Go deeper

Republican Sen. Roy Blunt will not seek re-election in 2022

Photo: Alex Wong/Getty Images

Sen. Roy Blunt (R-Mo.) will not run for re-election in 2022, he announced on Twitter Monday.

Why it matters: The 71-year-old senator is the No. 4-ranking Republican in the Senate, and the fifth GOP senator to announce he will not run for re-election in 2022 as the party faces questions about its post-Trump future.

43 mins ago - Health

Popular independent COVID tracker officially ends daily updates

Illustration: Sarah Grillo/Axios

The COVID Tracking Project, a volunteer group of data analysts, researchers, and journalists brought together by The Atlantic, published its final daily update on Monday — the one-year anniversary of its founding.

Why it matters: The project quickly became a vital resource for news media, academic researchers, and everyday Americans to track COVID-19 cases, hospitalizations, and deaths in the absence of reliable and public data from the federal government.

Ben Geman, author of Generate
2 hours ago - Politics & Policy

Energy and climate move closer to center stage on Capitol Hill

Illustration: Rebecca Zisser/Axios

The imminent enactment of Democrats' $1.9 trillion COVID-19 relief package creates space for lawmakers and the White House to craft infrastructure plans with big climate and energy-related provisions.

Why it matters: President Biden, during the campaign, vowed to make low-carbon energy, climate-resilient infrastructure and transportation projects a big focus of an economic recovery package. And the Texas power crisis could give fresh momentum to investments in grid modernization.