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Unemployment surges to 8.32%, over 15 lakh people lost jobs: CMIE
The rate of unemployment shot up once again in August, and the total number of employed people fell to 39.77 crore from 39.93 crore in July.
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IT firms change hiring process to beat Covid-19 challenges
Over one lakh freshers are expected to be hired by IT companies this year.
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Consumer product companies roll out festive season offers
Consumer product companies witnessed a much faster rebound in demand after the Covid-19 second wave as compared to the last year.
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MFIs face high financial stress build up amid Covid-19: Report
Non-performing assets (NPAs) have gone up by 8-14% as compared to pre-Covid times for microfinance institutions
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Domestic air travel picks up steam in August
The domestic passenger traffic in India in the first three weeks of August has improved to approximately 4.52 million
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India Inc hands out higher pay hikes to employees
The experts believed that the higher increments are attributed to the overall economy doing better.
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India Inc’s top executives took home bigger paychecks in FY21
Top executives of many companies saw their average salaries increasing by 13% in the pandemic-ravaged year.
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FMCG sector grows by 37% in June quarter
The impact of the second wave of Covid-19 on the FMCG sector was less severe compared to the first wave.
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Covid-19 impact: S&P slashes India’s GDP growth forecast to 9.8% for this fiscal
It said the projections assume that initial shocks to private consumption and investment filter through to the rest of the economy.
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COVID-19 impact | Cargo traffic at major ports declines to 601 MT in Apr-Feb: Centre
India has 12 major ports that handle over 60% of the export-import cargo
