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Indian economy s pace of normalisation has moderated at the end of January, says Nomura

Indian economy s pace of normalisation has moderated at the end of January, says Nomura SECTIONS Share Synopsis The index of high frequency indicators including mobility indices, also recorded a fall from the previous week’s reading of 93.2, Nomura said in a note on Tuesday, driven by a sharp drop in Google’s mobility indices. ThinkStock Photos The pace of normalisation of business activity in India moderated compared to the start of the year as the Nomura India Business Resumption Index (NIBRI) marginally dipped to 92.7 for the week ended January 24 from a 94.4 at the start of the month. The index of high frequency indicators including mobility indices, also recorded a fall from the previous week’s reading of 93.2, Nomura said in a note on Tuesday, driven by a sharp drop in Google’s mobility indices.

Business activity continues uptrend in January after robust rebound in December: Nomura

Business activity continues uptrend in January after robust rebound in December: Nomura SECTIONS Share Synopsis “Positive pandemic-related developments – both, on cases and vaccination – are helping clear the decks for a faster pace of economic normalisation,” the Japanese brokerage’s economists, Sonal Varma and Aurodeep Nandi said in a note on Monday. Agencies The uptick comes on the back of a solid and broad-based monthly rebound in activity in December, according to a report by rating agency ICRA released on the same day. The uptrend in business activity continued into the new year with the Nomura India Business Resumption Index (NIBRI) inching up to 93.4 for the week ending 17 January from 93.2 the previous week.

India s recovery process gains strength in December, shows survey by Nomura

India s recovery process gains strength in December, shows survey by Nomura
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Nifty Midcap100 is nearly 6% away from all-time high - The Financial Express

Nifty Midcap100 is nearly 6% away from all-time high - The Financial Express
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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