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Delhi: Families facing income crunch,100k+ kids turn to anganwadis -Fareeha Iftikhar

-Hindustan Times According to data shared by the department, around 560,000 children were enrolled in Delhi’s anganwadi centres before the lockdown was enforced in March, a number which has since shot up Over 100,000 children have enrolled in the city’s anganwadi centres over the course of the pandemic, official data shows, as families whose incomes have been severely hit over the past few month move their children from private institutions in search...

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McKinsey Report: Chilling news for India on global warming

-Hindustan Times McKinsey report paints a dire climate picture for India which it can’t escape without coordinated global action A new report from the McKinsey Global Institute (MGI), on the likely consequences of global warming for Asia, has some very dire projections for India—bear in mind, the report projects Asia to suffer the brunt of the climate change impact. MGI’s may not be the first such projection for India, but at a...

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Firms show increase in profits even as sales fall -Vineet Sachdev

-Hindustan Times The average PE (price earnings) multiple of Sensex companies , which measures the price of a stock as a multiple of its earnings per share, has risen to 31.49 in the current month, the highest since 1998-99 . The BSE Sensex, India’s benchmark stock market index, reached an all-time high of 44,825 on Wednesday, November 25. There is reason to believe that speculation and external tailwinds, rather than strong fundamentals,...

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Covid-19 pushes tourism in Delhi to the edge -Manoj Sharma

-Hindustan Times Paharganj, once a bustling, thriving market whose entire economy depends on foreign tourists, is a microcosm of the devastation caused by the ongoing coronavirus crisis in the capital’s tourism sector. Satyam Bhatnagar runs a handicrafts shop in Paharganj’s main bazar, a backpackers’ paradise that boasts of hundreds of touristy establishments such as money changers, hotels, rooftop restaurants, tour operators, and handicrafts shops selling a range of stone and wood sculptures,...

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‘Angry’ over farm bills, Punjab records highest stubble burning cases in 4 years

-PTI/ Hindustan Times According to data released by the Punjab Remote Sensing Centre, the state recorded 73,883 incidents of stubble burning between September 21 and November 14, which is the highest since 2016. Punjab has recorded around 74,000 incidents of stubble burning this season, the maximum in four years, with experts saying anger over farm bills and the government not paying the Supreme Court-ordered financial incentive to farmers could be among the...

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