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Northern India leads in consumer sentiment: Survey
The survey also revealed that 80% respondents wanted schools to reopen and a majority preferred a hybrid model of work
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Economic activity back at February levels
Nomura India Business Resumption Index rose to 99.4 for the week ending August 8 against 84 for the week earlier.
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Industrial production grows 29.3% in May
Industrial production has been hit due to the coronavirus pandemic since March last year when it had contracted 18.7%
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‘QSR, jewellers are on recovery path; apparel makers lag'
Retail sales for the June quarter are expected to grow at about 53% YoY, but revenues will most likely be 37% lesser than what it was a year ago
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Economic activity recovered 65% in June: QuantEco
The research agency said that about 65% of the loss in economic activity due to the lockdowns in April and May have been recovered
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S&P cuts India’s FY22 growth forecast to 9.5%
GDP growth in the current FY was estimated to be in double digits initially, but second Covid wave has led to various agencies cut growth projections
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Moody’s cuts India growth forecast for 2021 to 9.6%
Indian economy contracted by 7.3 per cent in fiscal 2020-21 as the country battled the first wave of Covid, as against a 4 per cent growth in 2019-20
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Indications of revival in economic activity: Survey
About 60% of 212 companies, which participated in the survey, said there was a high impact on their businesses due to the state-level lockdowns
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Retail sales decline 79% in May versus May 2019: Report
Food and grocery, however, was the best among the categories with a decline of 34% as compared to May 2019
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Pro-industry measures by RBI to help biz to bounce back from Covid impact: AEPC
As India is recovering from the dent caused by the second wave, I am confident that the special measures, as part of the monetary policy, will support
