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01.08.2021 / 22:31

Lipstick effect holds good amid covid as beauty biz see sales bump

₹355 crore as part of its Series C financing round led by Accel Partners, along with participation from existing investors, including Amazon.

India economy crisis Health

Indian economy faces resilience test amid risks from coronavirus

gross domestic product grew 0.9% in the three months ended March, making it the second straight quarter of expansion since India exited a rare recession.What Bloomberg Economics Says...“Widening state-level lockdowns over the last month now pose significant downside risks to our latest growth forecast."Abhishek Gupta, India economistEven as virus cases have started receding and some parts of the country may reopen by June, consumers are unlikely to spend freely, given the economic uncertainties and with unemployment at its highest level in a year.Households would rather save than spend, said QuantEco Research economist Yuvika Singhal, who downgraded her full-year growth forecast by 150 basis points to 10%.The biggest hit from the second

India economy infection Waves

COVID-19

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

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