Tag Archives: Impact of COVID-19 on the economy

India’s economy accelerated in September, as revival in demand and business activity helped propel the South Asian nation toward recovery from the pandemic-induced recession. Five of the eight high-frequency indicators, including exports, tracked by Bloomberg News improved last month, while three were flat. That helped move the needle on a …

Even before the pandemic hit, Asia’s third-largest economy was in the midst of a slowdown. Highlight Today’s data will likely show India’s June quarter GDP declining 19.2% That would be the sharpest contraction since 1996. The COVID-19 lockdown caused an unprecedented blow to the economy India, once the world’s fastest-growing …