-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...
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India’s ‘salaried class’ shrank during Covid, Muslims hit hardest, govt data suggests -Nikhil Rampal
-ThePrint.in India’s salaried class shrank by 2.7 percentage points during pandemic, govt’s Periodic Labour Force Survey (PLFS) shows. But data for religious minorities, women is even bleaker. New Delhi: There’s much to lament in India’s post-Covid job market, where recovery has been painfully slow. However, government data suggests that when it comes to the salaried sector, the participation of religious minorities — Muslims, Sikhs, and Christians, in that order — has been...
More »Macrovariable projections in uncertain times -Arun Kumar
-The Hindu International factors and faulty data will impact India’s projections of GDP, inflation and balance of payments The Fed has raised its benchmark interest rate again by a whopping 0.75%. The Reserve Bank of India has also been forced to raise interest rates further but also take other steps. These decisions in the Monetary Policy Committee (MPC) meeting are based on what the members of the MPC see as the likely...
More »Wastewater surveillance for COVID-19 reveals dynamics of infection -Shubashree Desikan
-The Hindu The method can reveal trends in viral loads, infections due to new viruses, AMR genes and act as advance warning system In ensuring sufficient precautions and preventive measures be taken in pandemic-driven situations, a very important estimate is of the number of people infected, regions where infection is high and decreasing or increasing trends in viral load. Based on this, civic bodies can decide on targeted vaccination drives, Lockdowns and...
More »Why Were 1.3 Crore Jobs Lost in June? -Subodh Varma
-Newsclick.in Most of the job losses were in agriculture, but 25 lakh salaried jobs were also lost. A perfect storm of delayed monsoon, languishing economy and continued inaction of the government on the jobs front has led to an astonishing decline of 1.3 crore from the total number of employed persons in the country in June this year, according to the latest CMIE estimates. In May, the number of employed persons were...
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