Tapering second wave brightens economic prospects but demand may take time to return: RBI

Tapering second wave brightens economic prospects but demand may take time to return: RBI

The tapering of the second wave of the COVID-19 pandemic coupled with aggressive vaccination has brightened the near-term prospects of the Indian economy, though a solid increase in aggregate demand may take some time, said the Reserve Bank of India on the state of economy. Attributing the rise in inflation to the supply side disruptions … Read more