Weekly indicators of economic activity show increased traction amid declining cases.
Power generation is inching closer to double-digit gains over 2019, even as mobility shows signs of rising once again. Other indicators like traffic and emissions also show some signs of recovery, though more in some parts of the country than others.
Some 4,312 million units of electricity were generated in India on a seven-day rolling average basis for the week ended Sunday 4, July as summer temperatures soared and irrigation demand rose due to the paddy sowing season. Analysts believe that power demand also rose last week as Covid-19