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With second wave tapering, a rapid recovery seems underway

The Gross Domestic Product (GDP) for the first quarter (April-June) of the current financial year is seen growing between 18% and 22% - a period characterised by local lockdowns imposed by state governments to curb the spread of the second wave of the Covid-19 pandemic. The economic impact of these localised lockdowns was much far less when compared to the nationwide lockdown ....

Uttar Pradesh , Rahul Bajoria , Soumya Kanti Ghosh , Suman Chowdhury , International Monetary Fund , First Bank , Gross Domestic Product , Reserve Bank , Kanti Ghosh , State Bank , Chief Analytical Officer , World Economic Outlook , Nomura India Business Resumption Index ,

coronavirus: Business activity at pre-Covid levels for 2nd week in a row

Business activity in India stayed buoyant for the second week in a row, with the Nomura India Business Resumption Index (NIBRI) rising to 100.8 for the week ended August 22. The index was at 100.1 in the preceding week. ....

Uttar Pradesh , Nomura India Business Resumption Index , India Business Activity ,