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Latest Articles in economic recovery

Good Monsoon, Consumption To Help Rural India Stay Afloat, Post Deadly Second COVID-19 Wave

During the deadly second wave of the Coronavirus pandemic, rural areas were also impacted severely, however, it also witnessed a strong rural consumption in July-21, and growth yet again outpaced Urban.

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India Inc Resorted To Salary Cuts In Q1, Will Be Drag On Economic Recovery: Report

An environment of pandemic-led uncertainty and elevated inflation could impact the level of spending and hence the overall demand

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States' Fiscal Deficit To Moderate To 4.1% Of GDP In FY'22: India Ratings

The revenue receipts of state governments are expected to improve, backed by an economic recovery, resulting from a large section of the populace receiving vaccinations

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USD 400 Bn Export Target For FY22 Attainable: Industry

Industry chamber CII said that the strategy for exports along with taking all players on board would yield notable outcomes.

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Majority Of Global Public Thinks Economic Recovery To Take Time; Indians 3rd Most Optimistic: WEF Study

Tthe WEF said in a statement that the responsibility to lead this economic recovery falls to both governments and businesses, but civil society plays a crucial role and must not be left behind.

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Real Estate Preferred Asset Class For Investment: Survey

Real estate continues to be the preferred asset class for investment in the wake of the Covid-19 pandemic, but majority of homebuyers want discounts along with flexible payment options as an incentive, according to Housing.com & NAREDCO Survey.

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Second Wave May Lead To Some Reassessment Of Economic Growth Estimates: Kumar Mangalam Birla

The Indian economy was "firmly on the path of recovery" in the second half of FY21, and then was hit by a rather unexpectedly virulent second wave of COVID-19.

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Indian Economy On Path To Recovery, Says Gadkari

The road transport and highways minister further said the government's aim is to reduce the import expenses on diesel and prevent hazardous air pollution.

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Should You Invest Into Gold Right Now?

The yellow metal witnessed a stellar rally amidst the throes of COVID last year, briefly crossing Rs. 55,000 per 10 Grams before retracing to sub-44K levels earlier this year amidst a better-than-expected economic recovery.

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India Coming Out Of Second Wave Of Covid-19; Will Witness Strong Economic Recovery: Jaishankar

The evolving situation in the Indo-Pacific region in the wake of China's increasing military muscle-flexing has become a major talking point among leading global powers.

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At 6.99% States Continue To Pay Higher For Debt

Borrowing cost for the states at today's auction was sustained at the high levels touched at last week's auction which was the highest since mid-March, as the weighted average cost across states and maturities was 6.99 per cent

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Answer To Crisis Is To Put Money On Hands Of People: Chidambaram On Govt Package

Demand will not grow in an economy where jobs have been lost and incomes or wages have been reduced, Chidambaram argued

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Indian Economy May Grow 8.4-10.1 % In Current Financial Year: NCAER

High-frequency indicators show a sharp decline in economic activity during April and May 2021, the peak of the second COVID-19 wave, though there are some indicators of recovery in June as unlocking proceeds

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Need Calibrated Steps To Support Economic Recovery: PHDCCI

Government/ PSU payments must not be delayed due to Work From Home issues or shortage of funds as these are crucial to maintain the working capital cycle

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MSCI India Index Premium Races Past 55% Over Emerging Mkt Peers, 12% Over World: Report

The optimism is also backed by the good progress of the all-powerful monsoon that has already been 25 per cent in excess in June so far and the improving mobility indicators.

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