Halfway mark: Economy on the mend

Six months into FY22, the Indian economy looks to be shaking off the impact of the second wave of the pandemic. Many sectors bounced back to pre-pandemic levels by Sep while others have seen an acceleration in recovery. Contact-intensive sectors are likely to struggle as long as the fear of a potential third wave persists, but the upcoming festival season should push demand and hasten recovery. Here’s a look at key indicators at the end of September:

GST collections at a high, corporate bonds rise

Stock market rises, FPI on the up again

G-Sec yields; core sector output

Forex at record high

Indicators on the rise

Now what?