India’s economy

India’s buzzing economic activity belies fears of a slowdown

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India’s buzzing economic activity belies fears of a slowdown

India’s economy picked up speed in December as business conditions improved, marking a rebound for the South Asian nation that had showed signs of a slowdown the preceding month. The needle indicating so-called animal spirits moved right after holding steady for five straight months — indicating stronger overall economic activity as 2022 drew to a … Read more

Covid-hit Indian economy may have shrunk 14-26% in Q1, say economists in ET poll

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Covid-hit Indian economy may have shrunk 14-26% in Q1, say economists in ET poll

NEW DELHI: India’s economy may have contracted by as much as a fourth in the June quarter because of Covid-19 and the lockdown that ensued, according to a poll of 11 economists conducted by ET. They warned that a recovery may take a while as the virus spreads and infection numbers rise, prompting further localised … Read more