Persistent negative growth in rural wages and soaring corporate profits accompanied by job and wage cuts demonstrate a clear disconnect between growth/profits and wellbeing of ordinary Indians

India has no data on jobs lost and businesses shut; no estimate of how many would have slipped into poverty or how income, health and education inequalities would have risen due to the pandemic. How will the Budget 2021 allocate resources appropriately to revive growth and bring development?

Rural unemployment jumped to 9.11 per cent from 8.56 per cent in week ending December 6, urban unemployment climbed to 11.62 per cent from 8.15 per cent in previous week

Top-down reforms since the demonetisation of 2016 have already derailed the economy and brought misery to millions, yet the great zeal to do more of the same amidst protests from several segments of population demonstrate that the intent is far from public welfare

Multiple factors are responsible for this; some are well-known, like data fudging and man-made disasters of demonetisation, GST, and stringent lockdown; others are lost sight of, like lack of institutional support and intellectual rigour and frivolous approach to serious crisis

Urban unemployment rate declined to 7.15 in October from 8.45 in September, while the rural unemployment rate rose to 6.90 per cent in October from 5.86 per cent in September

Employment rate scaled up to its highest level since lockdown to almost 38 per cent from 37.5 per cent in August. \"These are big and welcome gains,\" says CMIE CEO Mahesh Vyas

It would be naive to expect agriculture providing jobs to about 43% of the workforce and sustaining 70% of the population living in rural India with a meagre share of 14.5% in national income (GDP) to drive growth, especially when it is going through unprecedented job and income loss

Not only India's relief packages are grossly inadequate it is not even spending enough to revive demand in the crisis-hit economy; what is needed is clear: more fiscal spending, not \"keeping the power dry\" for future stimulus or unrealistic claim of a V-shaped recovery

Part II of this two-part article continues to relook at misadventures that derailed the Indian economy, threatening dreams of millions of \"aspirational\" Indians. Instead of a serious and meaningful debate, India continues to grapple with constant and systemic \"misdirection\" in multiple sense of the word

Unemployment in August was far higher than in pre-COVID-19 lockdown months of January and February when it stood at 7.76 per cent and 7.22 per cent, respectively

India Stock Market Highlights Today: April-June quarterly earnings announcements by Hindalco, NTPC, Glenmark Pharma, Berger Paints, United Breweries, Indian Bank, MRF, Fortis Healthcare, Greenply among others will also set the tone for the stock market today

The Consumer Price Index (CPI)-based inflation for the last month remained above the RBI's medium-term target of 4 per cent for a tenth straight month

Contrary to popular notion, stock markets have repeatedly demonstrated since the 1929 Great Depression that their performance is not really linked to macroeconomic and business fundamentals

Latest job loss survey and national accounts statistics point to the need for strengthening PDS supply and cash transfers to reach more people, assisting self-employed/micro-enterprises, additional allocation for MGNREGS and a job scheme for urban areas

Coronavirus (COVID-19) tracker India news live updates: Delhi recorded 660 fresh COVID-19 cases in the last 24 hours, the highest one-day jump in the national capital. Delhi's total count of coronavirus positive cases now stands at 11,659. India's total count of confirmed coronavirus cases spiked to 1,18,447 on Friday, according to Union Health Ministry

Coronavirus lockdown 4.0 India live updates: Maharashtra government issued fresh lockdown guidelines on Tuesday. All urban areas including Mumbai have been put in red zones, rest have been put in orange and green zones. India's total COVID-19 tally climbed to 1,01,139 on Tuesday, according to Union Health Ministry

The Labor Department said Friday that 20.5 million jobs vanished in April in the worst monthly loss on record, triggered by coast-to-coast shutdowns of factories, stores, offices and other businesses

Coronavirus Highlights: West Bengal recorded 153 fresh COVID-19 cases and 14 deaths in last 24 hours, its highest single-day deaths and spike in the number of new cases

India needs to address massive job losses; strengthen public healthcare for COVID-19 and beyond; develop institutional mechanisms and leadership to respond to emergencies; devolve decision-making and funding to states, local bodies and scale up public spending to infuse life into the economy, all of which call for structural changes