Page 9 - Economic Recovery

Economic recovery to continue even in event of third wave: FinMin

The index of eight core industries for July 2021 rose 9.4 per cent year-on-year (YoY)

Indian economy is on the recovery path, says MPC's Mridul Saggar

The Indian economy is on the recovery path, but structural challenges remain, Saggar said at an event

RBI to do everything to help economy recover : Exec Director Mridul Saggar

Reserve Bank of India will do everything to make the economy recover in a non-disruptive manner, its executive director Mridul Saggar said on Thursday.

Gold edges higher as virus spread cuts yields, pressures stocks

The relentless spread of the delta virus variant is taking its toll on America's economy as well as global supply chains, depressing growth while boosting inflation.

India Inc resorted to salary cuts in Q1, will be drag on economic recovery

India Inc resorted to salary cuts to protect their profits in the June quarter, as revenues came under pressure due to the second pandemic wave that affected nearly the entire country, a report said

Prioritising expenditure necessary in short term, says MPC member

Revival of the Indian economy would be sustained if the COVID-19 pandemic is under control, eminent economist Shashanka Bhide said on Sunday

Delta surge means this is as good as it gets for global growth

Data over the past week captured a worldwide weakening as infections hit travel and spending and worsen supply bottlenecks that are dampening manufacturing and trade

The ultimate scarcity: Overall consumption has stagnated over four years

Economic performance is also affected if large numbers of people are out of work, or at such low levels of income as to force under-consumption, writes T N Ninan

Oil prices rise on optimism about economic recovery, weaker dollar

Oil prices rose more than $1 on Thursday, supported by optimism about the pace of the economic recovery from the pandemic, a sharp decline in US crude stocks and a weaker dollar.

Power demand recovers 11% to 124.8 billion units in July: Ind-Ra

All India energy demand recovered by 11 per cent to 124.8 billion units in July 2021, on account of stabilising economic activities and decline in Covid-19 cases, according to India Ratings

Low base drives up India's GDP growth to record 20.1% in Q1FY22

Growth yet to get back to pre-covid level, CEA sees it happening next year

Govt constantly engaging with industry to support economic revival: FM

Says health care sector, which had to function at its best during peak Covid needs support now to ramp up capacities, bring in better technologies and facilities

Economic recovery to need both fiscal, monetary policy support: Experts

The government will have to act swiftly in correcting the protectionist stance and fast-tracking trade agreements, experts said on Tuesday.

Economic activity picking pace, further upside to growth likely: Moody's

Moody's Investors Service on Tuesday said the economic activity in India is picking up with the gradual easing of Covid restrictions

Biz activity continues to rise, now well above pre-pandemic levels: Report

Business resumption activity continued its northward journey and reached a new high, much above the pre-pandemic levels for the week ended August 29, a Japanese brokerage said on Monday

Economic rebound expected on rapid vaccination, infra spend: Niti VC

A strong economic growth rebound is expected on back of rapid vaccinations, thrust on infrastructure investments, growth in export, Niti Aayog Rajiv Kumar has said.

FM discusses key areas of cooperation to support recovery of BRICS nations

Finance Minister Nirmala Sitharaman on Thursday discussed with her BRICS counterparts the key areas of cooperation that would be crucial in supporting recovery of the grouping's economies

Delta variant blow knocks wind out of Asia's economic recovery

The rapid spread of the infectious Delta variant and low vax rates have caught much of the region off-guard, especially in emerging markets, even as economies in Europe and North America reopen

Roots of economic recovery deepen in July as Covid restrictions ease: ICRA

With the easing of Covid-19-related restrictions by the states, the roots of the economic recovery deepened in July 2021, says a report.

Gati Shakti: Govt intends to power up economic recovery via infra building

Infra investment acts as a bulwark for further investment in the economy