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The Times of India
The Times of India
Business
TNN

Omicron curbs by states may have hurt mobility in country

NEW DELHI: The curbs imposed by various states seem to have hurt mobility across the country, with data showing a sharp impact on movement to workplaces. But economists are confident that the Omicron wave may not dent growth significantly as some sectors are displaying signs of holding up.

The Nomura India business resumption index fell to 102.9 for the week ending January 16 from 107.9 in the previous week, three percentage points above its pre-pandemic levels. There has been an inevitable drop in mobility - with the Apple driving index down 14.4 percentage points, Google retail and recreation mobility 11.1 percentage points lower, and workplace mobility down 1 percentage point from the previous week.

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