Best of BS Opinion: tracking high-yield markets; calling for nuclear power

Flagging economic recovery, therefore, would be a key concern for the Monetary Policy Committee, says our editorial.

The vaunted “green shoots” in the economy appeared to have withered on the vine with the July Manufacturing Purchasing Managers’ Index falling for a fourth straight month. Flagging economic recovery, therefore, would be a key concern for the Monetary Policy Committee, says the top edit, which argues that another rate cut will not have a significant impact on economic activity which is largely being constrained by the continuous spread of Covid-19. Read it here. And, as the second edit points out, India is far from its pandemic peak, recording the highest daily new cases in the world. Neither