Economy may take more than a decade to overcome COVID-19 losses: RBI report
2 years, 7 months ago

Economy may take more than a decade to overcome COVID-19 losses: RBI report

The Hindu  

The Indian economy may take more than a decade to overcome the losses caused by the outbreak of COVID-19 pandemic, according to Reserve Bank of India’s Report on Currency and Finance. Taking actual growth rate of 6.6% for 2020-21, 8.9% for 2021-22 and assuming growth rate of 7.2% for 2022-23 and 7.5% beyond that, India is expected to overcome COVID-19 losses in 2034-35,” they said in a chapter titled “Scars of the pandemic”. “The Russia-Ukraine conflict has also dampened the momentum of recovery, with its impact transmitting through record high commodity prices, weaker global growth outlook and tighter global financial conditions,” they added. “The thrust of public policy action is now progressively shifting to revitalising growth – even as the fiscal policy stance aims at regenerating the capex cycle, monetary policy remains accomodative while focussing on the withdrawal of accomodation to ensure that inflation remains within the target going forward, while supporting growth,” they said.

India Growth Pandemic Report Rbi  works  pandemic  structural  overcome  policy  decade  indias  authors  growth  capital  economy  report  rbi  india  losses  covid19

History of this topic

India’s GDP growth shocker: Bad news can be good too
2 weeks, 6 days ago

India’s GDP growth shocker: Bad news can be good too

Live Mint  

India’s growth in gross domestic product of 5.4% in the three months ended 30 September, or the second quarter of 2024-25, was a shocker. It’s the lowest level seen since the third quarter of 2022-23 and a sharp drop from 8.1% growth in the same period last year and also from 6.7% in the first quarter of 2024-25. Given the …

Monetary policy review: RBI should stick to its price stability mandate
2 weeks, 6 days ago

Monetary policy review: RBI should stick to its price stability mandate

Live Mint  

One of the lingering effects of covid—‘long covid’—is that economic growth has begun to look a bit like the Sensex, albeit in slow motion. So, last fiscal year’s growth looked rosy in large part because growth in 2022-23 had flagged since 2021-22, when it was 9.7% but on a covid-shrunken GDP base of 2020-21. As the US Fed and major …

GDP numbers a cause for worry
3 weeks, 1 day ago

GDP numbers a cause for worry

Hindustan Times  

That the Indian economy would lose some momentum as the pent-up demand from the pandemic was exhausted was a given. The September quarter headline GDP growth of 5.4% was more than a percentage point lower than what private and the Reserve Bank of India forecasts expected. The Indian economy’s tepid growth performance is a result of weak animal spirits triggering …

India recovered, expanded in orderly fashion from pandemic: Economic Survey 2023-24
5 months ago

India recovered, expanded in orderly fashion from pandemic: Economic Survey 2023-24

Deccan Chronicle  

The Indian economy has recovered and expanded in an orderly fashion post-pandemic and the real Gross Domestic Product in 2023-24 was 20 per cent higher than its level in pre-pandemic 2019-20, according to the Economic Survey 2023-24 tabled on Monday in the Parliament.This, as per the Survey document, is a feat that only a very few major economies had achieved. …

Centre rejects study claiming 11.9 lakh excess deaths in India during 2020 COVID-19 pandemic
5 months ago

Centre rejects study claiming 11.9 lakh excess deaths in India during 2020 COVID-19 pandemic

The Hindu  

The Union Health Ministry has rubbished reports highlighting a higher number of deaths in 2020, during the COVID-19 pandemic in India. “It is strongly asserted that an excess mortality of about 11.9 lakh deaths reported in the Science Advances paper in 2020 over the previous year is a gross and misleading overestimate. In a statement issued on Saturday, the Ministry …

Study estimates 11.9 lakh excess deaths in 2020 during pandemic, 8 times more than official
5 months ago

Study estimates 11.9 lakh excess deaths in 2020 during pandemic, 8 times more than official

Hindustan Times  

New Delhi, In India, 11.9 lakh excess deaths occurred in 2020 during the COVID-19 pandemic, 17 per cent higher compared to 2019, an international study has found. Study estimates 11.9 lakh excess deaths in 2020 during pandemic, 8 times more than official The estimate is about eight times higher than the official COVID-19 deaths in India, and 1.5 times the …

India’s hidden COVID deaths: Was the toll in 2020 eight times higher?
5 months ago

India’s hidden COVID deaths: Was the toll in 2020 eight times higher?

Al Jazeera  

India had nearly 1.2 million excess deaths in 2020, new data shows. New Delhi, India – India’s actual death toll during the first phase of the COVID-19 pandemic that ravaged the world’s most populous country could be eight times higher than the government’s official numbers, reveals a new study. The numbers in the research, based on the Indian government’s 2019-21 …

Confidence about economy declines after consistent recovery
6 months, 1 week ago

Confidence about economy declines after consistent recovery

The Hindu  

Confidence about the economy, job opportunities and income levels marginally declined over the past two months, shows data from the Reserve Bank of India’s bi-monthly Consumer Confidence Survey. In May 2024, the share of respondents who said income levels have increased since 2023 reduced from 27.7% in March 2024 to 25.3% in May 2024. The percentage of respondents who believe …

COVID-19 in India | What is the current scenario and how are we tackling it?
8 months, 1 week ago

COVID-19 in India | What is the current scenario and how are we tackling it?

The Hindu  

Story so far: During this poll season, mentions of the COVID-19 pandemic are still doing the rounds. History of COVID-19 lockdown As COVID-19 cases – which were first reported in China’s Wuhan province – began cropping up across the world, countries employed different approaches to deal with the rise in infections, deaths and threat due to the virus, employing varying …

COVID-19 second-leading cause of death globally in 2021; slashed life expectancy: Lancet study
8 months, 2 weeks ago

COVID-19 second-leading cause of death globally in 2021; slashed life expectancy: Lancet study

The Hindu  

COVID-19 replaced stroke to become the second-leading cause of death globally in 2021, causing 94 deaths per one lakh population and slashing life expectancy by 1.6 years, an international research published in The Lancet journal has found. “Disrupting more than three decades of consistent improvements in life expectancy and deaths, COVID-19 reversed this long-standing progress to emerge as “one of …

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
10 months, 3 weeks ago

Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman

India TV News  

Union Finance Minister Nirmala Sitharaman said that the average real income of Indians has increased by 50 per cent and people's earnings have improved, leading to a better quality of life and increased aspirations for the future. Sitharaman attributed moderated inflation levels to good macroeconomic stability and robust investments. "There is macroeconomic stability, investments are robust, the economy is doing …

Opinion: Budget 2024 - Optimism scores over the sting of inflation
10 months, 3 weeks ago

Opinion: Budget 2024 - Optimism scores over the sting of inflation

India Today  

Before we delve deeper into the details of the exclusive CVoter survey of Indian consumers on the eve of the Interim Budget 2024-25, let’s highlight just one data point that reaffirms the view of various pundits and opinion polls that the Narendra Modi regime is in pole position to win the 2024 Lok Sabha elections. In 2024, close to 46 …

India will be $7 trillion economy by 2030
10 months, 3 weeks ago

India will be $7 trillion economy by 2030

Firstpost  

India can aspire to become a $7 trillion economy by 2030, according to “The Indian Economy: A Review” written by V Anantha Nageswaran, Chief Economic Adviser to the government, and his team of economists. Meanwhile, as per National Statistical Office, the Indian economy is estimated to grow 7.3 per cent in 2023-24, while Reserve Bank of India projected a 7 …

Credibility has been a highlight of India’s budgets
10 months, 3 weeks ago

Credibility has been a highlight of India’s budgets

Live Mint  

As per indications, this is likely to be an interim budget, though there is no constitutional provision to present an interim budget before a general election. Even as the interim budget may be devoid of policy announcements, it is important to look at the budget from the lens of what the government would want to achieve from a fiscal policy …

India sees single-day rise of 529 COVID-19 cases
11 months, 3 weeks ago

India sees single-day rise of 529 COVID-19 cases

The Hindu  

India recorded 529 fresh COVID-19 cases in a single day, while the country's active infection count stood at 4,093, the health ministry said on December 27. The number of daily cases had dropped to double-digits till December 5, but infections have again gone up after emergence of a new variant and cold weather conditions. The daily numbers were in lakhs …

Beyond the COVID-19 pandemic: Unanswered questions, lessons learnt and ongoing challenges
1 year, 2 months ago

Beyond the COVID-19 pandemic: Unanswered questions, lessons learnt and ongoing challenges

Firstpost  

The COVID-19 pandemic that impacted all aspects of human life, quite literally cancelled the planet. Was any internal advice given to the Government of India that the mRNA vaccines developed by Pfizer and Moderna were better, despite the fact that they were significantly more expensive and difficult to administer? Covishield, developed by Oxford-AstraZeneca in the UK, is similar to previous …

Have household savings reduced?
1 year, 2 months ago

Have household savings reduced?

The Hindu  

The release of the Reserve Bank of India’s Monthly Bulletin in September revealed that households’ net financial savings had fallen to 5.1% from 11.5% in 2020-21. The Finance Ministry explained that while household financial savings may be reducing, it did not imply total savings were falling, since households took advantage of low interest rates after the pandemic to invest in …

ECONOMIC PERSPECTIVES | Why India is unable to curb inflation
1 year, 3 months ago

ECONOMIC PERSPECTIVES | Why India is unable to curb inflation

The Hindu  

Published : Sep 07, 2023 11:00 IST - 6 MINS READ Even as the Indian government celebrates the high growth rates that the increases in official GDP figures signal, it is haunted by the spectre of inflation. Wheat prices at the consumer level, which were falling relative to the previous year in the months preceding October 2021, started to rise …

Independence Day 2023: Reforms To Post-Covid Recovery — Indian Economy Milestones Since 1947
1 year, 4 months ago

Independence Day 2023: Reforms To Post-Covid Recovery — Indian Economy Milestones Since 1947

ABP News  

Independence Day 2023 Special: India will celebrate it’s 76th Independence Day on August 15 this year. While today, there might be a lot of criticism for public sector banks and India’s move to nationalise its banks after Independence, the decision helped the developing country uplift its rural communities back then. India’s industrial sector contributed about 25 per cent to the …

Good sign? India's Covid cases declined this week, positivity rate at 2.38%
1 year, 7 months ago

Good sign? India's Covid cases declined this week, positivity rate at 2.38%

Hindustan Times  

India on Sunday logged 2,380 new cases of Covid-19. On Friday, India recorded 3,611 fresh Covid-19 cases bringing down the active cases to 33,232 from 36,244 a day before. The daily positivity rate presently stands at 1.71 per cent while the weekly positivity rate is at 2.38 per cent. The World Health Organisation on Friday announced that the Covid-19 pandemic …

COVID-19: India records over 9,600 fresh cases in last 24 hours, active tally dips to 61,013
1 year, 7 months ago

COVID-19: India records over 9,600 fresh cases in last 24 hours, active tally dips to 61,013

India TV News  

COVID-19: India has logged 9,629 new coronavirus infections, while the active cases have decreased to 61,013 from 63,380, according to the Union Health Ministry data updated on Wednesday. Active case tally: The active cases now comprise 0.14 per cent of the total infections, while the national COVID-19 recovery rate has been recorded at 98.68 per cent, the ministry said. The …

COVID-19: India reports 10,542 fresh cases in last 24 hours, active tally rises to 63,562
1 year, 8 months ago

COVID-19: India reports 10,542 fresh cases in last 24 hours, active tally rises to 63,562

India TV News  

COVID-19 updates: India has logged 10,542 new coronavirus infections, while the active cases have increased to 63,562, according to the Union Health Ministry data updated on Wednesday. The Covid case tally was recorded at 4.47 crore The daily positivity rate was recorded at 4.39 per cent and the weekly positivity rate was pegged at 5.1 per cent. Active case tally: …

India’s daily Covid tally drops below 10k-mark with 9,111 new cases in 24 hours
1 year, 8 months ago

India’s daily Covid tally drops below 10k-mark with 9,111 new cases in 24 hours

Live Mint  

India has registered a single-day rise of 9,111 new coronavirus infections, and the count of active cases in the country has increased to 60,313, according to Union Health Ministry data updated on Monday. The daily positivity was recorded at 8.40 per cent and the weekly positivity rate was pegged at 4.94 per cent. The count of active cases now comprises …

India’s post-pandemic potential growth could be pushed higher
1 year, 8 months ago

India’s post-pandemic potential growth could be pushed higher

Live Mint  

Three years have now passed since the pandemic brought the world to a standstill. The World Bank has this week released a large database with estimates of potential growth over the years for various countries. First, the World Bank estimates Indian potential growth at 7% a year. Second, Indian potential growth is higher than that of most emerging economies it …

Covid-19 scare: India logs over 3,000 new cases with daily positivity rate at 6.1% | Check active cases tally
1 year, 8 months ago

Covid-19 scare: India logs over 3,000 new cases with daily positivity rate at 6.1% | Check active cases tally

India TV News  

Covid in India: Amid the rising coronavirus cases in the country, India logged 3,038 fresh infections, taking the active cases tally to 21,179. As per the Union health ministry, the daily positivity rate of Covid-19 currently stands at 6.1% The Covid case tally was recorded at 4.47 crore. The active cases now comprise 0.05 per cent of the total infections …

COVID-19: India records 3,641 fresh cases in last 24 hours, 11 deaths
1 year, 8 months ago

COVID-19: India records 3,641 fresh cases in last 24 hours, 11 deaths

India TV News  

Covid-19: India on Monday logged a single-day jump of 3,641 fresh COVID-19 cases. In addition to this, 11 deaths have been also recorded from Maharashtra, Delhi, Kerala, Rajasthan and Karnataka in the last 24 hours. The active cases now comprise 0.05 per cent of the total infections while the national COVID-19 recovery rate has been recorded at 98.76 per cent, …

Indian economy likely to grow at 6.5 per cent in coming decade, predicts CEA
1 year, 8 months ago

Indian economy likely to grow at 6.5 per cent in coming decade, predicts CEA

Live Mint  

Chief Economic Advisor V Anantha Nageswaran on Wednesday said that the Indian Economy is likely to grow at the rate of 6.5 per cent in the coming decade on the back of the turnaround in financial and investment cycle. "So, I think the restoration of the financial, credit and the investment cycle in the commercial sector and the real estate …

On Covid, India has no need to worry yet
1 year, 8 months ago

On Covid, India has no need to worry yet

Hindustan Times  

Every Covid wave is preceded by what at first seems like drops turning into a trickle of infections. Today, a steady but small increase in recorded cases has prompted the question: Is Covid back? Is the trickle of cases being recorded in several parts of the country the same sort of a sign that preceded the Omicron variant and the …

India records over 1,000 new Covid-19 cases in past 24 hours
1 year, 9 months ago

India records over 1,000 new Covid-19 cases in past 24 hours

India Today  

India recorded over 1,000 fresh cases of coronavirus in the past 24 hours. With the fresh cases, the daily positivity was at 1.09 per cent, while the weekly positivity rate was at 0.98 per cent. COVID SITUATION IN DELHI On Tuesday, Delhi logged 83 Covid-19 cases with a positivity rate of 5.83 per cent, along with one more fatality, according …

India to buck global slowdown, maintain pace of expansion: RBI officials
1 year, 9 months ago

India to buck global slowdown, maintain pace of expansion: RBI officials

The Hindu  

Even as the global economy is set to slow down or even enter a recession in 2023 as financial markets worldwide face heightened uncertainty, the Indian economy is steadily gathering momentum, Reserve Bank of India officials headed by deputy governor Michael D. Patra wrote in an article in the March RBI Bulletin. “Unlike the global economy, India would not slow …

Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya
1 year, 9 months ago

Claims of spike in poverty in India during COVID-19 patently false, says paper co-authored by Arvind Panagariya

The Hindu  

Claims of a spike in poverty and inequality in India during the COVID-19 pandemic are patently false as such claims are based on uncomparable different surveys, according to a paper co-authored by eminent economist Arvind Panagariya. Mr. Panagariya, Columbia University Professor and former Vice-Chairman of NITI Aayog and Vishal More of Intelink Advisors, New Delhi have co-authored a detailed paper …

A fragile momentum: On the economy and India’s growth
1 year, 9 months ago

A fragile momentum: On the economy and India’s growth

The Hindu  

On the face of it, the 5.2% uptick in India’s Index of Industrial Production this January is a good new year tiding for a metric that had seen two months of contraction in the previous five months. Manufacturing rose 3.7%, which is slightly better than December’s 3.1% increase, but 10 of 23 tracked sub-sectors recorded contractions in output and five …

India’s COVID-19 campaign saved more than 3.4 million lives, had positive impact on economy: Union Health Minister Mandaviya
1 year, 10 months ago

India’s COVID-19 campaign saved more than 3.4 million lives, had positive impact on economy: Union Health Minister Mandaviya

The Hindu  

adopted a Whole of Government’ & ‘Whole of Society’ approach, in a proactive, preemptive & graded manner; thus, adopting a holistic response strategy, for effective management of COVID-19,” Dr. Mansukh Mandaviya said on February 24 as he virtually addressed the ‘The India Dialog’ session on the Economic Impact of Vaccination and Related Matters. The Union Minister for Health and Family …

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups
1 year, 10 months ago

Budget 2023 | Nirmala Sitharaman announces fund to encourage agri-startups

The Hindu  

Finance Minister Nirmala Sitharaman, while presenting the Union Budget 2023-24, announced the setting up of an agriculture accelerator fund to encourage agri-startups by young entrepreneurs in rural areas. Talking about the need to develop digital infrastructure to aid the agriculture sector in the country, Ms. Sitharaman said that digital public infrastructure for agriculture will be built as an ‘open source, …

After 'smart recovery' from Covid, what do MSMEs expect from Budget 2023
1 year, 10 months ago

After 'smart recovery' from Covid, what do MSMEs expect from Budget 2023

Hindustan Times  

The micro, small and medium enterprises sector has posted smart recovery from pandemic-induced shock, with the goods and services tax paid by the sector in fiscal year 2022 exceeding the pre-pandemic level in FY20, the Economic Survey tabled in parliament on Tuesday noted. The Economic survey highlighted Covid had a significant negative impact on the sector’s performance. Economic survey highlighted …

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS
1 year, 10 months ago

Employment recovers beyond pre-Covid level: Economic Survey 2022-23 | DETAILS

India TV News  

Economic Survey 2022-23: According to Economic Survey 2022-23 tabled in the Parliament on Tuesday, the labour markets and employment recovered beyond pre-Covid level with sustained effort in last few years. Unemployment rate declined to 7.2 Quarterly urban employment data shows progress beyond pre-pandemic levels as the unemployment rate declined from 8.3 per cent in July-September 2019 to 7.2 per cent …

Economic Survey 2022-23 | Survey presents comprehensive analysis of India’s growth trajectory: PM Modi
1 year, 10 months ago

Economic Survey 2022-23 | Survey presents comprehensive analysis of India’s growth trajectory: PM Modi

The Hindu  

The Union Finance Minister, Nirmala Sitharaman, tabled the Economic Survey for the Financial Year 2022-23, after the President’s address, on the first day of the Union Budget Session 2023-24 today. The Economic Survey said that India’s economic recovery from the pandemic is complete and the economy is expected to grow in the range of 6% to 6.8% in the coming …

Eco Survey LIVE: GDP will rise to 8% if global economy recoups, says CEA
1 year, 10 months ago

Eco Survey LIVE: GDP will rise to 8% if global economy recoups, says CEA

Business Standard  

Recovery of economy is complete; non-banking and corporate sectors now have healthy balance sheets, hence, we don't have to speak of pandemic recovery any more, we have to look ahead to the next phase, said Chief Economic Advisor V Anantha Nageswaran. He added that leverage ratio in corporate sector went very sharply in first decade of millenium, second decade was …

India Reports 89 New Covid Cases, Active Cases Below 2,000
1 year, 11 months ago

India Reports 89 New Covid Cases, Active Cases Below 2,000

News 18  

India saw a single-day rise of 89 coronavirus infections, while the active case count came down by three to stand at 1,931, according to the Union Health Ministry data updated on Tuesday. The daily positivity rate was recorded at 0.06 per cent while the weekly positivity was pegged at 0.08 per cent. Active cases now constitute 0.01 per cent of …

Despite India's economic growth, few jobs and meagre pay for urban youth
1 year, 11 months ago

Despite India's economic growth, few jobs and meagre pay for urban youth

The Hindu  

Ravi Verma, hired by an electrical parts manufacturing firm early last year as India’s economy surged, was fired in November when the company lost several export orders. “I face a risk of loan default if I don’t get a job soon.” The urban unemployment rate swelled to 10.1% in December, although the total number of jobs in India touched a …

Little Over 100 Covid Infections in 24 Hours; Active Cases Decline to Below 2000
1 year, 11 months ago

Little Over 100 Covid Infections in 24 Hours; Active Cases Decline to Below 2000

News 18  

India’s COVID-19 case tally rose by 134 in a day while the number of active cases has declined to 1,962 according to the Union Health Ministry data updated on Thursday. Active cases now comprise 0.01 per cent of the total infections, while the national COVID-19 recovery rate has increased to 98.80 per cent, according to the health ministry website. According …

Mint Explainer: After covid, the unfolding of an unfair world
1 year, 11 months ago

Mint Explainer: After covid, the unfolding of an unfair world

Live Mint  

The post-pandemic world is not only poorer, but also becoming more unequal and unfair. Severe lockdowns in pursuit of "zero covid" appears to have slowed the Chinese economy for now, but the developing world -- with the possible exception of India -- has taken a bigger hit. The World Bank also points out that "the large fiscal demand on global …

Covid-19: India Reports 170 New Cases, 1 Death
1 year, 11 months ago

Covid-19: India Reports 170 New Cases, 1 Death

News 18  

India saw a single-day rise of 170 coronavirus infections on Monday, while the active cases declined by 52 to reach 2,371. According to the Union Health Ministry data updated at 8 am Monday, the total number of cases is now 4.46 crore. The active cases now constitute 0.01 per cent of the total infections, while the country’s COVID-19 recovery rate …

Explained | Is the economy driving with the brakes on?
1 year, 11 months ago

Explained | Is the economy driving with the brakes on?

The Hindu  

The story so far: At this time last December, India’s economy was on the cusp of a fledgling recovery from the COVID-19 pandemic, though the Omicron variant posed fresh speed bumps for the rebound. As JP Morgan managing director and India chief economist Sajjid Chinoy explained at a CII economic policy summit last week, 2022 was expected to see a …

Covid-19: India sees drop in daily cases, logs 112 new infections today
2 years ago

Covid-19: India sees drop in daily cases, logs 112 new infections today

Live Mint  

India has recorded 112 new coronavirus infections, while the active cases declined to 3,490, according to the Union Health Ministry data updated on Tuesday. The death toll stands at 5,30,677 with three fatalities, which includes two deaths reconciled by Kerala and one from Maharashtra in the last 24 hours, the data updated at 8 am stated. The active cases comprise …

India’s chance to shed pandemic scars and reach out for the stars
2 years ago

India’s chance to shed pandemic scars and reach out for the stars

Live Mint  

Many of us are stepping into 2023 with some trepidation. We believe two things must go right for India to achieve ‘stronger-for-longer’ growth: macro stability and a continuation of reforms. There are some new high-growth sectors which could raise India’s potential growth in the medium term. And we see India’s green-transition ambitions as an opportunity, spurring investment in emerging sectors …

DC Edit | Promising signs in economy
2 years ago

DC Edit | Promising signs in economy

Deccan Chronicle  

The RBI governor Shaktikanta Das-led Monetary Policy Committee hiked the repo rate by 35 basis points to 6.25 per cent — the fifth straight increase in the current cycle since May 2022 — as it seeks to fight global uncertainty and uncomfortable levels of inflation. The RBI governor’s post-policy meeting comments hint that the central government remains focused on inflation, …

5 charts show why the world is cheering India's economy
2 years ago

5 charts show why the world is cheering India's economy

Live Mint  

NEW DELHI : On more than one occasion in recent months, India has been hailed for holding its head high amid a looming global economic slowdown. India will spend ₹3,500 crore on toys to outplay China Why housing real estate remains a losing proposition This manager's small-cap fund gave 40% CAGR returns in 3 yrs View Full Image Mint The …

Manufacturing shrinks, slowing Q2 GDP growth to 6.3%
2 years ago

Manufacturing shrinks, slowing Q2 GDP growth to 6.3%

The Hindu  

Manufacturing and mining output contracted year-on-year in the July-September quarter, dragging Gross Value Added growth to a slower-than-expected 5.6%, which together with high inflation and weak exports combined to slow overall Gross Domestic Product growth to a 6.3% pace, as per estimates released by the National Statistical Office. Chief Economic Advisor V Anantha Nageswaran said the data confirms that the …

Pandemic Relief? Covid-19 Numbers Dip Significantly, Lowest Since 2020
2 years, 1 month ago

Pandemic Relief? Covid-19 Numbers Dip Significantly, Lowest Since 2020

News 18  

As active Covid-19 cases in the country dipped below 10,000 for the first time since April 2020 last week and the week’s death toll was the lowest since March 2020, could the Covid-19 pandemic finally be waning? The country logged 474 new coronavirus infections in the last 24 hours, the lowest since April 6, 2020, taking the total tally of …

Discover Related