K-shaped economic recovery: CFA Institute members predict recovery

07 Jul 2021 CW Team

Majority of CFA Institute members have predicted that a K-shaped economic recovery is shaping up at different rates, times, or magnitudes, as per a survey.

According to the survey of 6,040 global respondents by the CFA Institute, the global association of investment professionals, 44% predicted a K-shape recovery, showing a globally divergent economic recovery.

As per the survey, the K-shaped recovery marks a distinct shift away from the "hockey-stick shaped" recovery predicted last year, where 75% of respondents believed that any recovery would be slow or stagnant in the short period before picking up in the medium term.

CFA Institute, Country Head of India Vidhu Shekhar told the media that it is a certainty that Covid-19 is bound to affect all parts of life and will influence Tax regulations, Government policies, and the complete Indian financial landscape.

The survey covered the global membership of the CFA institute all over regions and jurisdictions where the organisation has the representation. The survey was conducted from 8 March to 28 March.

Around 42% of respondents in India believe that a 'K-shape' economic recovery is forming, where various parts of the economy are recovering at different rates, times, or magnitudes.

Around 37% of members believe that the economy is on a steady path towards completely recovering and operating at a pre-pandemic pace, while 11% believe that a 'W-shape' economic recovery is forming, and the economic recovery will see-saw after an initially strong rebound.

The survey further added that 52% of Indian respondents believe that equity markets have recovered too fast on the impulse of monetary stimulus; they are now out of pace with the real economy and a correction is to be anticipated within the next one to three years.

Image Source

Also read: Economy may take longer to reach $5 trillion target: Sanjeev Sanyal

Also read: Consumer digital economy of India to reach $800 bn by 2030: RedSeer

Majority of CFA Institute members have predicted that a K-shaped economic recovery is shaping up at different rates, times, or magnitudes, as per a survey. According to the survey of 6,040 global respondents by the CFA Institute, the global association of investment professionals, 44% predicted a K-shape recovery, showing a globally divergent economic recovery. As per the survey, the K-shaped recovery marks a distinct shift away from the hockey-stick shaped recovery predicted last year, where 75% of respondents believed that any recovery would be slow or stagnant in the short period before picking up in the medium term. CFA Institute, Country Head of India Vidhu Shekhar told the media that it is a certainty that Covid-19 is bound to affect all parts of life and will influence Tax regulations, Government policies, and the complete Indian financial landscape. The survey covered the global membership of the CFA institute all over regions and jurisdictions where the organisation has the representation. The survey was conducted from 8 March to 28 March. Around 42% of respondents in India believe that a 'K-shape' economic recovery is forming, where various parts of the economy are recovering at different rates, times, or magnitudes. Around 37% of members believe that the economy is on a steady path towards completely recovering and operating at a pre-pandemic pace, while 11% believe that a 'W-shape' economic recovery is forming, and the economic recovery will see-saw after an initially strong rebound. The survey further added that 52% of Indian respondents believe that equity markets have recovered too fast on the impulse of monetary stimulus; they are now out of pace with the real economy and a correction is to be anticipated within the next one to three years. Image Source Also read: Economy may take longer to reach $5 trillion target: Sanjeev Sanyal Also read: Consumer digital economy of India to reach $800 bn by 2030: RedSeer

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Infrastructure Urban

06 Feb 2026

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Infrastructure Urban

06 Feb 2026

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..