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.
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