Job losses in India due to coronavirus pandemic

Second wave rattles Indian aviation to bones

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...

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India falls further behind China in poverty-eradication

India 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...

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Is revival of Indian economy sustainable?

Is 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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