A V-shaped economic recovery after second wave?

Daily new cases of Covid-19 continue to fall despite a sharp jump in economic activity

Chart shows normalised values of Nomura India Business Resumption Index and 7-day moving average of daily new Covid-19 cases on a scale of 0-1, where 0 is the minimum and 1 the maximum value in each series

Chart: Roshan Kishore Source: Nomura Global Markets Research and HT dashboard Get the data