Internet speed to power: Weekly indicators show economy is picking up

Weekly economic indicators show a rise in economic activity in days leading up government announcing easing coronavirus lockdown

India’s economy was picking up when the government announced on Saturday a plan to ease a nationwide lockdown to contain the coronavirus outbreak, Business Standard's analysis shows. 

Weekly economic indicators showed a rise in economic activity even in days leading up to the announcement, continuing a trend seen over the last few weeks as restrictions have slowly eased. 

The Indian Railways carried more goods and the internet speed held up—early signs about how an economy is doing. Business Standard tracks indicators because they appear with greater frequency than regular macroeconomic numbers like Gross Domestic Product (GDP) or trade data. 

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