Nomura Business Resumption Index- Update

For the week which ended on 2oth February, the Nomura India Business Resumption Index (NIBRI) reached a record high of 122.8, up from 119.5 the previous week.

The Index showed weak demand due to rising and the scarring due to the pandemic, as the recovery remains uneven, with sluggish consumption and Services even before the third COVID-19 wave.