 "economic recovery, revival, economy, growth, gdp, market, budget")
Economists are in concurrence that the economy is getting its strength back after the second wave of the Covid-19 pandemic, but there is still uncertainty around domestic demand, capital expenditure (capex) by state governments, non-performing assets (NPAs) of the banking sector, and supply-side constraints.
At Business Standard's BFSI summit, Sonal Varma, Nomura's chief economist for India and Asia ex-Japan, said, "It is very clear that India is in the midst of the business-cycle recovery."
However, she cautioned that this has been a very uneven recovery and the real gross domestic product is still 10 per cent down, compared to
At Business Standard's BFSI summit, Sonal Varma, Nomura's chief economist for India and Asia ex-Japan, said, "It is very clear that India is in the midst of the business-cycle recovery."
However, she cautioned that this has been a very uneven recovery and the real gross domestic product is still 10 per cent down, compared to
