India Economy 2021 Outlook: ICICI Securities

India Economy 2021 Outlook: ICICI Securities

Light trails are made by traffic.(Photographer: SeongJoon Cho/Bloomberg)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

The Covid-19 pandemic was a classic black swan event for the global economy. It spread rapidly throughout the world, causing severe health and economic hardships.

Many countries fought hard to bring the spread of infections under control, but success was short-lived. Large parts of the developed world witnessed a second wave of the pandemic and had to take stringent measures to contain it.

Covid-19 took a toll on Indian economy as well – the country recorded a technical recession during the year after its gross domestic product contracted in two consecutive quarters.

However, Indian economy is recovering faster than expected and the momentum is likely to continue in coming quarters.

Click on the attachment to read the full report:

ICICI Securities Economy Outlook 2021 .pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES