Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

                trigger_error($message, E_USER_WARNING);

            } else {
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        LATEST NEWS UPDATES | The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi    </title>
    <meta name="description" content="-The Indian Express

The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for.

As India&rsquo;s economy embarks on a new financial year, a dark cloud is on..."/>
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     <meta property="og:description" content="-The Indian Express

The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for.

As India&rsquo;s economy embarks on a new financial year, a dark cloud is on..." />
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for.</em></p><p style="text-align:justify">As India&rsquo;s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak, it&rsquo;s no longer just a wave, but a potential tsunami. Yet, there is a silver lining &mdash; the number of daily deaths is currently around half of what it was during the first wave peak, offering some relief to the health infrastructure, and consequently reducing the urgency of states to rush into lockdowns. However, as cases rise, this relief may prove short-lived.</p><p style="text-align:justify">The second COVID-19 wave comes at a time when India&rsquo;s economy has made a resilient comeback. But with the spectre of lockdowns again looming large, how much does the second wave threaten this recovery?</p><p style="text-align:justify">There are a few reasons why we aren&rsquo;t raising a panic at this point. First, the lockdowns are far more benign than they were during the first wave. While select contact-based services and transportation are likely to be hit, they remain operational at lower capacity levels. The rest of the economy &mdash; agriculture, industry and even services such as construction, communication, trade &mdash; should remain largely unaffected. Our estimates suggest that the sectors &ldquo;at-risk&rdquo; account for less than 6 per cent of the economy. Second, firms and consumers have rapidly adjusted to the new normal and the relationship between (lower) mobility and (weak) economic activity has been weakening over time.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/" title="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/" class="re" target="_blank">The Indian Express, 10 April, 2021, https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/</a><div class="clear"></div>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for.</em></p><p style="text-align:justify">As India&rsquo;s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak, it&rsquo;s no longer just a wave, but a potential tsunami. Yet, there is a silver lining &mdash; the number of daily deaths is currently around half of what it was during the first wave peak, offering some relief to the health infrastructure, and consequently reducing the urgency of states to rush into lockdowns. However, as cases rise, this relief may prove short-lived.</p><p style="text-align:justify">The second COVID-19 wave comes at a time when India&rsquo;s economy has made a resilient comeback. But with the spectre of lockdowns again looming large, how much does the second wave threaten this recovery?</p><p style="text-align:justify">There are a few reasons why we aren&rsquo;t raising a panic at this point. First, the lockdowns are far more benign than they were during the first wave. While select contact-based services and transportation are likely to be hit, they remain operational at lower capacity levels. The rest of the economy &mdash; agriculture, industry and even services such as construction, communication, trade &mdash; should remain largely unaffected. Our estimates suggest that the sectors &ldquo;at-risk&rdquo; account for less than 6 per cent of the economy. Second, firms and consumers have rapidly adjusted to the new normal and the relationship between (lower) mobility and (weak) economic activity has been weakening over time.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/" title="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/">click here</a> to read more.</p>                                                           
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    <h1 class="cat-box-title">The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi</h1>
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                            <p style="text-align:justify">-The Indian Express</p><p style="text-align:justify"><em>The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for.</em></p><p style="text-align:justify">As India&rsquo;s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak, it&rsquo;s no longer just a wave, but a potential tsunami. Yet, there is a silver lining &mdash; the number of daily deaths is currently around half of what it was during the first wave peak, offering some relief to the health infrastructure, and consequently reducing the urgency of states to rush into lockdowns. However, as cases rise, this relief may prove short-lived.</p><p style="text-align:justify">The second COVID-19 wave comes at a time when India&rsquo;s economy has made a resilient comeback. But with the spectre of lockdowns again looming large, how much does the second wave threaten this recovery?</p><p style="text-align:justify">There are a few reasons why we aren&rsquo;t raising a panic at this point. First, the lockdowns are far more benign than they were during the first wave. While select contact-based services and transportation are likely to be hit, they remain operational at lower capacity levels. The rest of the economy &mdash; agriculture, industry and even services such as construction, communication, trade &mdash; should remain largely unaffected. Our estimates suggest that the sectors &ldquo;at-risk&rdquo; account for less than 6 per cent of the economy. Second, firms and consumers have rapidly adjusted to the new normal and the relationship between (lower) mobility and (weak) economic activity has been weakening over time.</p><p style="text-align:justify">Please <a href="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/" title="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/">click here</a> to read more.</p>                                                           
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    <br><a href="https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/" class="re" target="_blank">The Indian Express, 10 April, 2021, https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/</a><div class="clear"></div>
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The virus threatens India’s economic recovery again. But don’t panic yet -Sonal Varma and Aurodeep Nandi

Published on Apr 10, 2021   Modified on Apr 10, 2021

-The Indian Express The spectre of lockdowns is looming large once more, and while there are bright spots, there are also risks and uncertainties to watch out for. As India’s economy embarks on a new financial year, a dark cloud is on the horizon: The second wave. Every day brings further reconfirmation that the second wave is no longer a Maharashtra-centric phenomenon. With the daily run-rate of cases surpassing the first-wave peak, it’s no longer just a wave, but a potential tsunami. Yet, there is a silver lining — the number of daily deaths is currently around half of what it was during the first wave peak, offering some relief to the health infrastructure, and consequently reducing the urgency of states to rush into lockdowns. However, as cases rise, this relief may prove short-lived. The second COVID-19 wave comes at a time when India’s economy has made a resilient comeback. But with the spectre of lockdowns again looming large, how much does the second wave threaten this recovery? There are a few reasons why we aren’t raising a panic at this point. First, the lockdowns are far more benign than they were during the first wave. While select contact-based services and transportation are likely to be hit, they remain operational at lower capacity levels. The rest of the economy — agriculture, industry and even services such as construction, communication, trade — should remain largely unaffected. Our estimates suggest that the sectors “at-risk” account for less than 6 per cent of the economy. Second, firms and consumers have rapidly adjusted to the new normal and the relationship between (lower) mobility and (weak) economic activity has been weakening over time. Please click here to read more.

The Indian Express, 10 April, 2021, https://indianexpress.com/article/opinion/columns/indian-economy-economic-recovery-coronavirus-second-wave-7266826/

Tagged with: Economic Recovery Lockdown Maharashtra Nomura High Frequency Indicators Core Inflation

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