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Tag: Morning News

Morning News: All the big stories to get you started for the day
News

Morning News: All the big stories to get you started for the day

Reserve Bank states business activities to remain strong The 3rd wave of Covid-19 pandemic driven through the Omicron variant may grow to be “more of the flash ton than the usual wave,” and also the economy could rebound to pre-pandemic levels, the Reserve Bank asia stated in the Condition from the Economy report. The most recent infection surge has dented the recovery to some large extent, but that might be temporary, the central bank stated. Why it’s important: The India economy was slowing lower before the pandemic, which further worsened the problem. A quickly distributing third wave has again provided a jolt as business activities were obtaining following the second wave. The Reserve Bank, however, stated overall business activities in India continues to be strong, with upticks ...