-NDTV.com Wholesale price-based inflation rose to a record 15.88 per cent in May, it highest under the current series launched in 2012, government data showed. Wholesale price-based inflation (WPI) rose to a record 15.88 per cent in May from a year ago, its highest in the current series launched a decade ago, government data showed on Tuesday. That suggest despite a softer reading in May's retail price pressures data on Monday, it would...

-PTI/ The Telegraph The government's decision comes amid the opposition's frequent criticism of it on the issue of unemployment New Delhi: Prime Minister Narendra Modi has asked various government departments and ministries to undertake the recruitment of 10 lakh people on a "mission mode" in the next year and a half, his office said on Tuesday. The direction from Modi came following a review of the status of human resources in all government...

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian Economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...

-Livemint.com The sheer scale of transactions and transparency issues associated with digital markets add to the complexity. But our advantage is our Competition Act is quite flexible, CCI chairman said Competition Commission of India (CCI) will set up a digital market unit (DMU) to better understand and assess the conduct of e-commerce platforms and other digital Economy firms so that any anti-competitive behaviour of new age businesses do not go undetected by...