-The Hindu/PTI Action will be taken against those violating the ban. says police Bursting of firecrackers could be heard across Delhi and its neighbouring areas on Diwali night even though a ban was imposed on its sale and use in the national capital region in view of rising air pollution and COVID-19 pandemic. Sparklers were seen lighting up the night sky while crackers went off on the ground in various areas. Please click here...
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Festive season opens up gig economy jobs, brings respite to the jobless -Arnab Mitra
-The Indian Express As per a report by Betterplace, around 14 lakh jobs will be created in 2020 for blue-collar workers, adding that 80 per cent of the overall demand comes from the gig economy New Delhi: After facing a lay-off in May, Bengaluru-based software engineer Ridhhi Sharma was unemployed for six months. He tried searching for a new position but could not find a suitable one. However, the festive season turned...
More »Do recent indicators hint at a real economic revival? -Vikas Dhoot
-The Hindu After India’s economy collapsed in the first quarter of 2020-21 following the nationwide lockdown imposed to curb the COVID-19 pandemic, some economic indicators from September and October, from power consumption to GST collections, suggest that things are improving. But is this a sustainable recovery under way, or just an expression of pent-up demand combined with India’s festive-season spending? In a conversation moderated by Vikas Dhoot, Naushad Forbes and M....
More »Coronavirus cases rising in Delhi, Kerala reports biggest jump among all states - Pooja Dantewadia and Tanay Sukumar
-Livemint.com A return of the coronavirus in Europe has spooked global markets. Even as India recovers, some regions are at a similar risk, including the national capital Several parts of Europe are under threat of fresh lockdowns as the dreaded “second wave" of the coronavirus sweeps through the continent. Markets globally are reacting in panic, with European stock futures touching a five-month low on Wednesday. Indian markets have also been jittery in...
More »Passenger vehicle retail sales grow for the first time since March -Yuthika Bhargava
-The Hindu Total vehicle retail sales continue to be on the decline. Total vehicle retail sales in the country continued to decline year-on-year in September 2020, even as passenger vehicle registrations turned positive for the first time since March growing at 9.81% during the month, as per data from the Federation of Automobile Dealers Associations. Total vehicle registrations fell to 13.44 lakh units in September 2020, down 10.24% from about 14.98 lakh units...
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