Nevertheless, the revival was multi-speed, with a considerable variation in the pace of growth across sectors." She said there is growing evidence of a K-shaped recovery.... This was evidenced by the sharp disparity in the performance of the stock markets, robust growth in direct tax collections and improved business sentiment, juxtaposed with the continued pessimism displayed by urban households in the RBI’s latest consumer confidence survey, Nayar said.... The latter is a likely reflection o

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