This Diwali just might see more cheer than expected as the aftermath of the second wave recedes. Several high-frequency indicators have shown a recovery to pre-pandemic levels – the Nomura India Business...Continue Reading
India is going through a V-shaped recovery, as the impact of the second wave recedes. However, growth numbers, especially the latest official 20.1% year on year...Continue Reading
As the second wave of the pandemic died down in India, the economy began a patchy recovery – Markit PMI for Manufacturing soared sharply in July into expansion zone, from the contraction seen in June, while the...Continue Reading
With the second wave of the pandemic receded, the economy is picking up slowly. However, local restrictions continue in some states and a lull in monsoon held back sowing of the kharif crop The Markit PMI...Continue Reading
The times are bad, very bad. Last year, with a drastic national lockdown, India chose to save lives over livelihoods. This year, the count of lives lost is growing...Continue Reading
The times are bad, very bad. Last year, with a drastic national lockdown, India chose to save lives over livelihoods. This year, the count of lives lost is growing and livelihoods are severely strained again, as the...Continue Reading
The month of March reminded us that the pandemic is not over yet, with a sudden dramatic surge, especially in Maharashtra where active cases surpassed the peak last seen in September. This year the...Continue Reading
The economy has swung back on most fronts, and India is officially out of the technical recession, induced by Covid-19. However, growth estimates will be...Continue Reading
The mood in the country has changed - the graph of new Covid-19 cases is trending sharply down in India, vaccinations have begun in full earnest, GST collections...Continue Reading
The uncertainty of the past year continues, even as vaccines have already begun rolling out. The global economy remains under a cloud as the UK, Europe and now Japan come under severe restrictions once again...Continue Reading