Among ten large emerging markets, India ranked eighth in April, the latest edition of Mint’s Emerging Markets Tracker shows As India relaxes one of the most stringent economic lockdowns in the world, the economic damage is becoming increasingly apparent.

After a sharp slide in the emerging market league tables in March, India continued to languish at the bottom of the heap in April, the latest update of Mint’s Emerging Markets tracker shows.

A sharp contraction in manufacturing and in exports, along with a subdued stock market, pulled India down in April. Only Turkey and Mexico fared worse than India among the countries considered in the tracker.

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United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
India	Cases: 34 321 025 Deaths: 459 652 Recovered: 0
Brazil	Cases: 21 835 785 Deaths: 608 235 Recovered: 0
United Kingdom	Cases: 9 215 683 Deaths: 141 607 Recovered: 0
Russia	Cases: 8 494 589 Deaths: 237 619 Recovered: 0

India’s economic momentum lags most emerging market peers

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