-The Hindu Pew Research report suggests middle class may have shrunk by 30% and number of poor risen by 7.5 crore India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while the number of poor people — earning less than ₹150 per day — more than doubled, according to an analysis by the Pew Research Center. In a comparison, Chinese incomes remained relatively unshaken, with just a...

-TheCitizen.in Fish lovers in West Bengal may soon be threatened with a scarcity in the supply of fish or rise in price or both. The fishermen and the trawler owners are very angry. Without giving a thought to the consequences of a continuous arbitrary rise in the price of diesel, petrol, kerosene and cooking gas by the central government has led to severe disbalance in the finance and employment sector in the...

-Livemint.com Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress Public sector lender Bank of Baroda (BoB) on Wednesday warned of rising stress in the coming months, possibly emanating from the retail and small business segments as a fallout of covid-19 stress. “The kind of stress we are seeing now...

-Hindustan Times Recent research at the London School of Economics examines a decade of high-quality farmer-buyer data from Kenya during a period when it introduced radical farm laws to encourage agri-businesses to determine impacts on small farmers In the debate on new farm laws, emotions are running high with concerns that small farmers are being pitted against large agri-businesses. The new laws contain mostly untried policies and it is difficult to gauge...

-The Hindu Advisory in the backdrop of suicides in Telangana Hyderabad: The Reserve Bank of India has advised public to be wary of unauthorised digital lending platforms and mobile apps. Taking note of reports about individuals and Small Businesses falling prey to a growing number of unauthorised digital lending platforms/mobile apps, the central bank on Wednesday said “members of public are cautioned not to fall prey to such unscrupulous activities.” It urged them...