Omicron Coronavirus Covid 19: Omicron cases are increasing rapidly across the country, due to which all the states have imposed different restrictions. The effect of the restrictions imposed in all the states will be seen on the economic activities of the country. Economists of HDFC Bank have said on Tuesday that due to the increasing cases of Omicron, there will be pressure on economic activity.
The impact will be visible in the March quarter
Let us tell you that due to the impact of Corona on economic activities, the growth rate may be affected by 0.30 percent in the March quarter. Economists of the leading private sector banks said that earlier they expected the growth rate to be 6.1 percent in the fourth quarter, but due to the outbreak of Omicron, it could be affected by 0.2-0.3 percent.
The effect of sanctions will be visible
He said, "Due to the restrictions related to Covid by the states, economic activities are expected to be affected in the fourth quarter of the financial year 2021-22." Apart from this, there will be a night curfew in Delhi from 10 pm to 5 am.
60% cases are from Omicron
Economists said in a commentary that downside risks remain at the moment due to more states imposing sanctions, an extension of sanctions beyond January 2022, and a slowdown in global revival. He said that the cases of Omicron are increasing rapidly in India and 60 percent of the total new cases are of this new form of infection.
Replying in Rajya Sabha to a question related to the depreciation of the rupee against the dollar
During the second ODI between India and West Indies played on Sunday, an incident stopped the hea
US-based crypto exchange Kraken has halted its staking service and had to pay a US$30 million fin
After the Supreme Court in the US overturned its 49-year-old decision that legalized abortion, th
Kerala: No interference in the appointment of VCs, Governor accuses CM of protecting smugglers
Kerala Governor Arif Mohammad Khan has dismissed the chief minister's allegations of political in
Sony launches new wireless headphones in India, listen to music non-stop for 50 hours
Sony India has launched the WH-CH520 headphone. It is specially designed for long-term use. 60 ho
There has been a big decline in the cases of Coronavirus (Covid 19 Cases in India) in the country
Excise Policy Case: Arvind Kejriwal again reached the High Court, Delhi CM challenged CBI's arrest
Chief Minister Arvind Kejriwal has challenged the arrest made by the CBI in the Excise Policy Sca
The 2 test series between India and Bangladesh is starting from 14 December. Both matches are ver
First Water Metro In India: Today the country is going to get the gift of the first water metro.
