Nine of the 16 high-frequency indicators in Mint’s monthly macro tracker were in red, or below their five-year average trend. This is not as bad as April 2020, but the outlook is more uncertain than before.
India’s nascent economic recovery has been derailed by the second covid-19 wave even before it could gather steam. Just four of the 16 high-frequency indicators in Mint’s monthly…
To read more: https://www.livemint.com/economy/red-marks-all-over-india-s-economic-report-card-11622011092635.html
SOURCE: MINT
