-Livemint.com Easily buyable shares, a gush of cheap money and a burst of speculation have over-inflated prices On 18 December, the price to earnings (PE) ratio of the Nifty 50 stock market index reached an all-time high of 37.84. This was around 87% higher than the average PE ratio of 20.26 since 1 January 1999. The PE ratios of the Nifty 50 and other broader indices continue to remain at extremely high levels....
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Why NFHS-5 Data Merits Serious Concern and Urgent Action -Dipa Sinha
-TheWire.in According to the data, in most states there is a worsening in nutrition indicators such as childhood stunting, wasting and underweight. Partial results from the National Family Health Survey round 5 (NFHS-5) released last week draw attention to the crisis of malnutrition in the country. The factsheets that are available pertain to 17 states and five Union Territories – put together they roughly account for half of India’s population. Although there are...
More »India slips to bottom of EM rungs for the second time in six months -Tauseef Shahidi
-Livemint.com * India’s economic activity still appears weak compared to peers, shows the November edition of Mint’s Emerging Markets Tracker India slipped to the bottom of the heap among key emerging markets in November despite reporting better-than-expected GDP figures for the September quarter, the latest update to Mint’s emerging markets tracker shows. The ranking, the worst since June, indicates that India is finding it harder to regain lost ground compared to emerging market...
More »Economic revival is slowing, key indicators show -Shreya Nandi and Gireesh Chandra Prasad
-Livemint.com Data from the corporate affairs ministry show the setting up of new firms, which indicates investment intent, fell 19.5% in November to 13,453 from the preceding month The tally of newly incorporated companies, as well as electronic permits raised for transporting goods, declined on a sequential basis in November for the first time since April. This loss of momentum in economic recovery after the initial turbulence caused by the Pandemic could worry...
More »A Pandemic of Discontent: The Growing Woes of India’s Food Delivery Workers -Gayathri Vaidyanathan
-TheWire.in Swiggy’s moves to deal with financial losses and COVID-19 have sparked protests by its delivery boys, who have been dealt a raw deal and seen their wages decrease. On March 24, after India first locked down to deal with the COVID-19 Pandemic, Raj*, a 27-year-old food deliveryman for Swiggy in Surat, stayed home for two days. He’d heard the police were stopping his co-workers and seizing their bikes. Raj’s boss called. Don’t...
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