India's unemployment in 2020 at worst level in 29 years, shows study : Bulletin: Business Today
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India's unemployment in 2020 at worst level in 29 years, shows study

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Shailendra Shukla | May 29, 2021

India's unemployment in 2020 at worst level in 29 years, shows study
India's unemployment rate rose to its highest level since 1991 during 2020 as coronavirus pandemic caused the economy to come to a screeching halt, according to a study. The nation saw one of the toughest lockdowns in the world starting March last year as the pandemic claimed numerous lives, with stringent restrictions on mobility and economic activities across the board. India's unemployment rate sharply rose to 7.11 per cent in 2020 from 5.27 per cent in 2019, said a report by the Centre for Economic Data and Analysis (CEDA) based on the ILOSTAT database of the International Labour Organisation.
Russian group behind SolarWinds hack has new targets, warns Microsoft
Russian hackers behind the attacks on SolarWinds customers in 2020, have launched a new wave of cyberattacks on government agencies, think tanks, consultants, and non-governmental organisations, confirmed Microsoft in a blog. The hacker group Nobelium targeted approximately 3,000 email accounts at more than 150 different organizations. Explaining the conduct of the cyberattacks, Microsoft said that Nobelium launched the attacks by gaining access to the Constant Contact account of USAID.
10,800 women suing Google for gender pay gap win class-action lawsuit status
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Tata Digital acquires majority stake in BigBasket
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COVID-19 relief, Black Fungus drug imports exempted from IGST till Aug 31: FM
Finance Minister Nirmala Sitharaman announced on Friday that the GST Council has exempted COVID-19 relief imports from IGST till August 31, 2021. In light of the rising Black Fungus cases in the country, Amphotericin-B has also been included in the exemptions list. This decision was taken during the 43rd GST Council meeting. She added that exemption will apply to COVID-19 relief items "even if they are purchased, are meant for donating to the government or on the recommendation of the state authority to any relief agency".

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