Job losses in India due to coronavirus pandemic
Second wave rattles Indian aviation to bones
June 1, 2021
On Sunday, the 11,675 employees of SpiceJet, India’s second-largest domestic carrier received an email informing them that their salary structures stood modified with immediate effect and that they would be paid only on the basis of number of hours worked. The airline blamed it...
Read MoreIndia falls further behind China in poverty-eradication
April 2, 2021
The alarm had been sounded long ago, yet the data emerging from Pew Research Centre’s report on the impact of the coronavirus pandemic on global poverty is shocking for the depth of the impact and the concentration in two large economies – India and China. But between the two...
Read MoreIs revival of Indian economy sustainable?
November 6, 2020
In October, India’s services sector grew for the first time since February reflecting the reopening of hotels, restaurants and shopping malls around the country. Accordingly, the Purchasing Managers’ Index (PMI) for services rose sharply to 54.1 pc for October as against 49.8...
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