Page 11 - Economic Recovery

India coming out of 2nd wave; will see strong economic recovery: Jaishankar

India will witness a strong economic recovery and contribute to being an engine of growth for the global economy, External Affairs Minister S Jaishankar said

Most CFA Institute members predict K-shaped recovery from pandemic: Survey

A significant percentage of CFA Institute members believe that a "K-shaped" economic recovery is forming, where different parts of economy are recovering at different rates, times or magnitudes

Rural India sinks deeper into debt as Covid-19 pandemic wipes out work

Big debt and low income in the countryside will hold back any economic recovery the government is trying to generate and also dent private savings and investment for longer than expected

Rated firms' credit quality improves in Q1, along with biz sentiment: CARE

Manufacturing, Infra firms see uplift; NBFCs face hit

FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic

Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter

Best of BS Opinion: Gaps in tax reform, mapping recovery, and more

Here are the best of Business Standard's opinion pieces for Monday

Mapping recovery

India needs a new medium-term economic road map

View from the edge

The Union government is so fiscally ineffective that it can only spend an incremental 0.4 per cent of GDP on healthcare in a pandemic, against a global average of 1.2 per cent, writes Rathin Roy

Power consumption grows nearly 10% to 115.39 billion units in June

Power consumption had slumped June 2020, mainly due to fewer economic activities amid COVID-induced restrictions.

India's consumer digital economy to touch $800 billion by 2030

Driven by online shopping across the spectrum, India's consumer digital economy, which was pegged at $85-90 billion in CY20, is expected to become a $800 billion market by 2030: report

Slow vaccination weighs on recovery of A-Pac sovereign credit metrics: S&P

S & P Global Ratings expects most Asia Pacific sovereign credit ratings to remain unchanged in the next one to two years despite continued pressures posed by Covid-19."We have stable outlooks on more than two-thirds of 21 long-term sovereign ratings in the region currently," it said in a report published on Wednesday.Covid-19 vaccines rolled out in several countries from late 2020 have helped to reduce pandemic-related uncertainties on the trends of economic and fiscal indicators.The better clarity has allowed a few positive rating actions on governments that showed strong credit metrics for their respective rating levels at the beginning of the year."We expect much of Asia Pacific to return to relatively strong economic performance once the region has Covid-19 under control," said the report."Many parts of the region have been significantly affected by the pandemic and have seen sharp economic contractions in 2020. However, we believe the episode has not seriously damaged their ..

India sees fuel demand recovery to pre-pandemic level by end-2021

Local fuel consumption- a proxy for oil demand - in May slumped to its lowest since last August as lockdowns and restriction in several states stalled mobility and muted economic activity

Apr-June was toughest quarter to manage; witnessing recovery now: TCPL CEO

In June, TCPL has witnessed a comeback from the second half, after restrictions were eased and expect better margin and topline (revenue) growth going forward.

Economic activities in rural India fared better in lockdown 2.0: Survey

The survey was carried out to assess the impact of Covid-19, with a sample size of 200 respondents across 48 villages in the states of Uttar Pradesh and Bihar.

Asian shares pressured by fears over Delta virus variant, US data in focus

Asian shares edged lower on Tuesday on concerns new coronavirus outbreaks in the region could undercut an economic recovery

Best of BS Opinion: The credit push, post-Covid economy, and more

Here are the best of Business Standard's opinion pieces for Tuesday

Booster dose: Govt unveils Rs 6.3-trillion package to spur growth

Includes credit guarantee schemes, steps to revive tourism, strengthen health infra

The post-Covid economy

There is a strong case for the government to shift its attention from the economy to public service management

The credit push

Relief package is well-intentioned but won't move the needle much

Recovery tracker: Power generation back in positive territory as curbs ease

Other indicators including mobility have been on the rise