The weekly indicators of economic activity showed signs of improvement last week with a rise in power generation and movement of people. Power generation recovered to a three-week high and above 2019 level on a year-on-year basis. Indian Railways also handled more cargo last week compared to the same week in 2020.

       Other indicators such as mobility, road traffic, and nitrogen dioxides emissions rose last week. The power generation recovered sharply week on week basis as a lull in monsoon rains raised temperatures across the country. Power demand also got a boost from the extension ...