India’s economy is on a faster recovery trajectory, says RBI

After the COVID-19 economy shock, India’s economy is recovering faster, says RBI.

“Since the assessment presented in the last month’s Article, more evidence has been turned in to show that the Indian economy is pulling out of COVID-19’s deep abyss and is reflating at a pace that beats most predictions,” said the RBI.

Sectors that had initially hit hard, like the auto and capital goods, are expecting a turnabout in the future. On the other hand, healthcare, FMCG, and IT companies are looking for stronger earnings prospects.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More