ECONOMY

India Economy Update – Vaccination Reducing Risk Of A Third Wave; Recovery Holding Up: Nirmal Bang

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

In the first fortnight of September 2021, mobility-related to workplaces and use of public transport witnessed a slight dip, probably reflecting some caution around a possible third wave.

Mobility for essential services was marginally down and mobility for retail and recreation was flat from the previous fortnight.

However, the New Delhi Traffic Congestion Index improved slightly, supported by continued opening up.

The number of active cases was down by 5.3% while the number of deaths was down by 32.7%.

Vaccination is now rising at a fast clip, reducing the risk of a third wave.

Economic activity continues to hold up, although urban unemployment in the informal sector remains rather high.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
honestcolumnist Governmental News Finance News

Source link

Back to top button