-Hindustan Times A country’s unemployment rate can increase or decrease over time, and people can move from one form of employment to another. But headline numbers on unemployment rate and kind of employment do not tell us about the degree of churn in the labour market. One of the most basic concepts in economics is stock versus flow. Stock is a variable measured at a point in time. An individual’s net worth...

-The Hindu Business Line Seeks CCI intervention to procure the natural fibre; traders point to global trend The Indian textile industry has begun expressing concern over soaring cotton prices in global and domestic markets, with some even raising fears that the natural fibre is being hoarded. In a memorandum to Prime Minister Narendra Modi, Southern India Mills Association (SIMA) Chairman Ravi Sam called for steps to stabilise cotton prices, particularly when the country...

-Hindustan Times Additional railway rakes, or train wagons, were being made available to ship fertilisers on a priority basis and at short notice, an official said. The Union government has formed a “crack team” to ensure priority movement of fertilisers to key food-bowl states as fears of shortage have triggered panic buying of crop nutrients, people familiar with the matter said. For the first time, a hub-and-spoke model is being implemented to take...

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

-The Hindu Climate Equity Monitor underlines India’s demands for climate justice being at the heart of negotiations A day ahead of the commencement of the 26th United Nations Conference of Parties (COP) in Glasgow, Scotland, India has officially endorsed a website, made by Indian climate experts, that lists the historical carbon dioxide emissions of developed countries. The database aims to highlight the disparity between the emissions of developed and developing countries with countries...