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Local lockdowns temper India's economic activity in April - The Hindu BusinessLine

Local lockdowns temper India’s economic activity in April × GDP numbers could show growth at 1% in the March quarter compared to previous year period India’s economic activity showed signs of beginning to cool off in April as several states resorted to lockdowns to control a deadly second wave of the coronavirus. Although the three-month weighted average scores of eight indicators tracked by Bloomberg News showed the pace of activity was unchanged from March, the single-month reading poin...
Abhishek Gupta Markit India Services Monetary Policy Committee Bloomberg News Bloomberg Economics India Services

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