Weekly economic indicators: Rail rebound, retail footfalls on the rise

Positive signs for economy as festival season draws near

The economy showed renewed signs of improvement as large parts of the country geared up for Diwali. Many weekly indicators of economic activity saw a rise with trains carrying more goods and retail visits rising.  

Analysts globally have been tracking high frequency proxies for economic activity to get a sense of the fast-changing situation on the ground amid the Covid-19 pandemic. Business Standard