Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Jan 12, 2022

India Covid Tracker- In The Throes Of Third Wave; Economic Activity May Not Be Greatly Derailed: Nirmal Bang

India Covid Tracker- In The Throes Of  Third Wave; Economic Activity May Not Be Greatly Derailed: Nirmal Bang
Passengers wear protective masks while travelling by bus during the morning rush hour in Mumbai, India. (Photographer Dhiraj Singh/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.

Nirmal Bang Report

In the second fortnight of December 2021, the number of active Covid-19 cases rose marginally after declining continuously since May 2021. In the first week of January 2022, cases surged by ~416%, suggesting that India may be in a third Covid-19 wave.

In the second fortnight of Dec-21, the number of deaths were down by 30.9% from the previous fortnight. However, the number of deaths has not seen a significant spike in the first week of Jan-22. This leads us to believe that with subsequent waves of the pandemic, the severity of restrictions/lockdowns and the disease wanes over time.

Mobility has slowed with rising Covid-19 cases, with mobility for retail and recreation slipping back below pre-pandemic levels. However, workplace mobility has improved over the fortnight.

Click on the attachment to read the full report:

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.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search