Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
IRGC sources tell Al Mayadeen that reports of Iranian missile strikes on northern Iraq are false, calling them rumors spread by enemy-linked media.
Trump: Venezuela airspace should be considered 'closed in its entirety'
AFP: Ukraine behind attack on Russian 'shadow fleet' tankers in Black Sea
Sheikh Qassem: We, our allies, the honorable in our nation, our people, and our army will never accept being subservient to the US or 'Israel'
Sheikh Qassem: They must despair, for whatever they do, this people cannot be defeated or broken, and we shall neither fall nor yield
Sheikh Qassem: Threats neither advance nor delay matters, yet the possibility of war or its absence exists because 'Israel' and the US are weighing their options
Sheikh Qassem: All these threats are simply a form of political pressure after a whole year of efforts proved ineffective
Sheikh Qassem: 'Israel's' 'servants' in Lebanon are few, but they cause problems by obstructing the country’s stability, growth, and liberation alongside the US and 'Israel'
Sheikh Qassem: Weapons block 'Israel’s' project, and anyone seeking disarmament plays into 'Israel’s' hands
Sheikh Qassem: The agreement came because we held fast, empowered by our vision, our faith, our will, our people, our patriotism, and our unwavering attachment to our land

India's Economy Battered by COVID-19

  • By Al Mayadeen
  • Source: The New York Times
  • 2 Sep 2021 14:16
1 Min Read

Economists are particularly concerned about the slow rate of vaccinations and the possibility of a third wave of the virus, which could be disastrous for any economic recovery.

  • x
  • A checkpoint during the lockdown in West Bengal, India
    A checkpoint during the lockdown in West Bengal, India

Economic experts expect that the growth rate in India to pick up in the second half of this year. However, the damage caused by the corona epidemic could take several years to wear off, as reported by the New York Times. 

According to the Indian credit rating agency, economic results were 9.2 percent lower in the April to June period of the current year than in 2019 before the outbreak of the pandemic. Millions have lost their jobs since then.

This year has seen improvements over last year's lockdowns, with gross domestic product rising by 20 percent from April to June 2021, according to government estimates released late Tuesday.

However, economic experts are particularly worried about the slow rate of vaccination and the possibility of an economic recovery in the third wave of the virus.

The coronavirus has essentially robbed India of much of the momentum it needs to create jobs for its young, fast-growing workforce. Pressure is mounting on Prime Minister Narendra Modi to get the country back to work.

  • India
  • COVID-19

Most Read

13 elite Israeli troops were wounded in a confrontations in Beit Jinn, Syria.

13 elite Israeli troops wounded in confrontations in southern Syria

  • West Asia
  • 28 Nov 2025
Hezbollah announces the martyrdom of Haitham al-Tabatabai

Hezbollah announces the martyrdom of commander Haitham Tabatabai

  • West Asia
  • 23 Nov 2025
Hezbollah publishes biography of martyred leader Haitham al-Tabatabai

Hezbollah publishes biography of martyred leader Haitham Tabatabai

  • Politics
  • 23 Nov 2025
Hezbollah releases the names of the four martyred with Tabatabai

Hezbollah releases the names of the 4 martyred alongside Tabatabai

  • West Asia
  • 24 Nov 2025

Coverage

All
In Five

Read Next

All
U.S. F-35 fighter jets fly over José Aponte de la Torre Airport in Ceiba, Puerto Rico, Friday, September 19, 2025. (AP Photo/Alejandro Granadillo)
Politics

Venezuela condemns US 'colonial-style' threat to national airspace

Palestinians walk through the destruction left by the Israeli air and ground offensive in Gaza City, Saturday, Nov. 29, 2025. (AP)
Politics

Gaza death toll exceeds 70,000 as Israeli crimes continue

Ireland removes name of former Israeli president from Dublin park
Europe

Ireland removes name of Ex. Israeli regime president from Dublin park

Gazan brothers Jomaa and Fadi Abu Assi, 8 and 9, in an undated photo (Social media)
Politics

Gaza: Two brothers, aged 8 and 9, killed by 'Israel' on their way home

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS