Recovery Of Economy

Living standards have stagnated since Conservatives took power in 2010 and Britain's recovery from the Covid pandemic has been the weakest among big rich nations after Germany

Power generation also registers a surge; 20% higher than in 2019

Power generation was above the 2019 levels but remained flat on a week-on-week basis

India will have to invest heavily in infrastructure in order to recover from the economic havoc, even if that means going in for deficit financing, according to a UN expert

Any rebound in the economy might be slow, with economists in a Bloomberg survey predicting a milder contraction of 5.3% in the quarter to September

The slowdown in the Indian economy has bottomed out but the pace of recovery would "critically depend" on the initiatives that the government takes from now onwards, says a report by D&B. According to Dun & Bradstreet's latest Economy Observer Index, post the impact of the structural reforms like demonetisation and GST, there has been improvement in some parameters in the recent period. "We believe that the slowdown has bottomed out, however, the stage and pace of recovery would critically depend on the initiatives that the government takes from now onwards to boost the growth momentum, especially the private sector investment, without which we will not be able to aim for an ambitious growth rate," Dun & Bradstreet India Lead Economist Arun Singh said. Singh noted that though the impact of structural reforms like demonetisation and GST was very much expected, the quantum was not estimated. "There has been improvement in some parameters in the recent period, .