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Economy sputters back to life as govt eases some restrictions

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Companies remain hopeful of an early resumption of full operations after govt relaxes some shutdown curbs, but demand revival is still a key concern As the country eased curbs to allow some economic activity on Monday after an extended lockdown that began on 25 March, companies, many of them charting exit strategies from the lockdown, remained hopeful of a full and early resumption of operations.

On Monday, the Centre and several state governments partially lifted the lockdown in non-hotspot areas, allowing agriculture and allied industries to resume operations, setting the stage for further relaxations in regions where the effect of the pandemic has been relatively less or nil.

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