Regional markets shrugged off data showing Japan's economy contracted at 5.1% annual pace in the last quarter as numbers of new coronavirus cases surged.
Reserve Bank of India on Wednesday expectedly left interest rates unchanged and maintained an accommodative stance as the economy faces a renewed threat.
Out of the 10 indicators of QET (Quick Economic Trends) of economic and business activity tracked by the industry body PHDCCI, 7 have performed positive in February 2021.
Premier Li also set a target for urban unemployment rate of around 5.5 per cent, with a goal of more than 11 million new urban jobs, up from nine million last year.
The economy would have been even worse if not for the country's technology exports, which saw increased demand driven by personal computers and servers.
Excluding these two items, fiscal deficit could have been lower by 0.5-1.0 per cent in fiscal 2021 and 0.6 per cent in fiscal 2022, the rating agency's research report said.
Even in the best of times, a vast majority of Indian artists struggle to find patrons for their art and earn a decent income. During the lockdown - with art galleries closed and no projects - many artists were forced to sit at homes, while the future looked gloomy.
Q4 2020 was a particularly challenging quarter for many OEMs, especially those who manufacture devices for the prepaid and lower price band markets," Jeff Fieldhack, US Mobile Devices and Carrier Strategies Director at Counterpoint