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Second wave of covid-19 may weaken India’s economic recovery: Moody’s

India Bangladesh vaccine Coronavirus Waves
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economic activity and could dampen market and consumer sentiment.“The announced countermeasures to combat the second wave – some of which are due to remain in place at least until the end of April – risk weakening the economic recovery.

However, the targeted nature of containment measures and rapid progress on vaccinating the population will mitigate the credit-negative impact," it added.Also Read | Why Bangladesh is flying high at 50India has registered more than one lakh daily covid cases consecutively for the last seven days till Monday, pushing the active caseload past the one million mark.

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COVID-19
United States
United States
Cases: 46 252 513
Deaths: 750 423
Recovered: 0
India
India
Cases: 34 321 025
Deaths: 459 652
Recovered: 0
Brazil
Brazil
Cases: 21 835 785
Deaths: 608 235
Recovered: 0
United Kingdom
United Kingdom
Cases: 9 215 683
Deaths: 141 607
Recovered: 0
Russia
Russia
Cases: 8 494 589
Deaths: 237 619
Recovered: 0
Detail statistic
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