-The Hindu The new labour laws are a brutal attack on workers’ ability to safeguard their rights Labour law ‘reform’ has been on the table since 1991 as every government’s favourite solution for economic growth. Yet, there was no consensus between governments, political parties, workers and their trade unions, and employers, on what this MEAnt. Unlike other political formations, the BJP has been in unqualified agreement with employers that the existing labour...
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Has personal loans seen a rebound ahead of the festive season? The answer is in the negative
Just before Dhanteras and Diwali this year, the Reserve Bank of India (RBI) released the November edition of its monthly bulletin. The latest RBI Monthly Bulletin says that the GDP has contracted by -8.6 percent in the second quarter of fiscal year 2020-21 (i.e. July-September, 2020) as compared to the gross domestic product (GDP) during the corresponding period last year. It may be noted that India’s GDP shrunk by -23.9...
More »India among 6 countries with highest tally of infants who didn’t get MEAsles vaccine: report -Anuradha Mascarenhas
-The Indian Express A total of 1.2 million children did not receive the first dose of MEAsles-containing-vaccine (MCV1) in 2019 in India, accounting for nearly half of the world’s total along with the remaining five countries. Pune: India was among six countries with the highest number of infants who had not received the vaccine against MEAsles — while the contagious viral disease surged worldwide in 2019 reaching the highest number of reported...
More »The Hindu Explains: What is technical recession, and what does it MEAn for the Indian economy? -Suresh Seshadri
-The Hindu * What has the RBI cautioned about GDP decline amid the pandemic, and what lies ahead? The story so far: The Reserve Bank of India’s (RBI) latest monthly bulletin features an article by an official at its Monetary Policy Department titled ‘An Economic Activity Index for India’, where the author has, in a ‘nowcast’ (a forecast that estimates the outcome of a near-term event), projected that India’s GDP (Gross Domestic...
More »Tech Platforms Feel the Heat -CP Chandrasekhar
-NetworkIdeas.org In a move that was expected, the US Justice Department has filed an anti-trust lawsuit against internet search giant Google, alleging that it resorts to anti-competitive practices to ensure its dominance in the search engine space and, through that, over the related online advertising revenues. As a leading example the case cites the successful effort to exclude the competition through a deal, in place since 2005, in which Google pays...
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