Canada s housing market is running hotter than just about anywhere else in the world. Ari Altstedter, Bloomberg | Tuesday December 8, 2020 The world’s biggest tech companies are clamouring for a larger piece of India’s booming Internet space, but that increasingly seems to mean going through the country’s richest man, Mukesh Ambani. Ambani’s Reliance Industries Ltd. is said to be offering to sell a stake of about $20 billion in its retail business to Amazon.com, Bloomberg News.
India News | Ari Altstedter, Bloomberg | Monday August 31, 2020 India is fast becoming the world s new virus epicenter, setting a record for the biggest single-day rise in cases as experts predict that it ll soon pass Brazil and ultimately the U.S. as the worst outbreak globally.
India s hospitals swamped by second coronavirus wave as vaccines run low deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.
Synopsis
New curbs on movement of people or restrictions on businesses are a risk to the nascent recovery, given that gains in the October-December quarter probably came from the reopening of the economy, which is primarily driven by domestic consumption. The government also boosted spending in the final months of last year to spur growth.
Agencies
Rising Covid cases in some parts could derail normalisation in the near term, some economists say.
As India’s economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.