Rising Covid-19 Cases Impinging On India’s Economic Activity Marginally: Nirmal Bang
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.
Nirmal Bang Report
In the first fortnight of April 2021, economic activity began to feel the pinch of the second wave of Covid-19 even though the impact was marginal.
The number of active Covid-19 cases rose by 166.4% from the previous fortnight while the number of deaths was up by 195%, both witnessing the sharpest increase since April 2020.
Meanwhile, the pace of vaccination is picking up, but it is yet to reach critical mass, with less than 1.5% of the population fully vaccinated.
As of April 19, 2021, only ~16.48 million people were fully vaccinated. But, a total of ~123.85 million people have received at least one dose of the vaccine.
Click on the attachment to read the full report:
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.