More indicatorsThe Nomura India Business Resumption Index, which tracks the pace of economic activity, showed a slight improvement in the week ended Aug.
9, but economists led by Sonal Varma said the data point to an uneven recovery and largely reflect pent-up demand.“However, a second wave of Covid-19 cases, combined with a ‘rolling wave’ in traditionally safer states (in the south and the east), increase risks of protracted quasi-lockdown measures and tempering of sequential improvement in activity once the post-lockdown momentum ebbs," wrote Varma and Aurodeep Nandi.India, which hogged TomTom NV’s 2019 Traffic Index for congestion, saw fewer jams in July as people cut down on venturing out, showed an analysis by Rini Sen and Sanjay.