All stories by Anoushka Sawhney
Global caution sends private equity-backed M&A deal value to 6-year trough
Rediff.com29 Aug 2024The value of private equity (PE)-backed mergers and acquisitions (M&As) in India reached a six-year low during the first seven months of the current calendar year, amid ongoing global uncertainties. The total value of these deals stood at $6.2 billion during the period, down from $9 billion in the same period last year, and lower than the $14 billion recorded during the corresponding period in 2019, according to data from LSEG Deals Intelligence. PE funds pool capital from investors, including high-net-worth individuals, to invest in high-return opportunities.
Covid Reduced 2.6 Years Of Life Expectancy In India
Rediff.com20 Jul 2024The decline in life expectancy was higher among young individuals and those aged 50 to 60.
Over 85% Billionaires Are Upper Castes
Rediff.com24 Jun 2024While other backward classes had a share of 9 per cent, there were no scheduled tribe billionaires.
49.9% New MPs In 2019
Rediff.com1 Jun 2024Nearly half of the MPs elected in the 2019 general elections in India were first-timers.
Strikes And Lockouts Decline By 90%
Rediff.com17 May 2024Industrial disputes dropped 89.3 per cent to 34 in 2022 compared to 318 a decade ago, shows central and state data.
'There is no crime and no robbery in UP now'
Rediff.com17 Apr 2024While conditions have improved over the last decade in western UP, there are still unfulfilled needs.
India moved fewer people to non-agri jobs than most neighbouring nations
Rediff.com13 Apr 2024India has managed to move a smaller share of its working-age population away from farm-related work than many of its neighbours. Bangladesh, Bhutan, Sri Lanka and Nepal managed to shift a bigger share of jobs to non-agricultural work than India, shows data from the year 2000 to 2023 the compiled from the World Bank's April South Asia Development Update report. Only Pakistan and the Maldives show a lower shift among South Asian peers.
FDI Declines From Pandemic Highs
Rediff.com4 Apr 2024Net inflows were $18.4 billion for the rolling 12-month period ended January 2024 compared to $32.7 billion for the rolling 12-month period ended January 2023.
Top 1% Indians Earn 23% Of Income
Rediff.com1 Apr 2024Wealth, which can broadly be a measure of assets held as opposed to income earned, is unequally distributed.
Women's unemployment rate at 16-month low; labour participation declines
Rediff.com14 Feb 2024The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent.
Hit-And-Run Cases: Conviction Rate Below 50%
Rediff.com12 Jan 2024Hit-and-run cases are those in which drivers, who cause the accidents, flee from the spot and do not inform the police.
The Hiring Season Is Looking Grey
Rediff.com18 Dec 2023In 2022-2023, 15.5 per cent of women were unemployed compared to 11.2 per cent in 2017-2018. For every one woman employed, 10 men got a job.
Madhya Pradesh Assembly Met 16 Days Annually In Current Term
Rediff.com30 Nov 2023In 2022, Rajasthan met for 30 days, Chhattisgarh 18 days, MP and Mizoram for 15 each, and Telangana for 10 days.
Private equity-backed mergers and acquisitions fall to 31-month low
Rediff.com26 Sep 2023The number of mergers and acquisitions (M&As) in August that involved private equity (PE) funds was the lowest in nearly three years. There were 26 such deals last month, according to data from tracker Refinitiv (part of London Stock Exchange Group). The last time monthly deal numbers were so low in recent times was January 2021 when Covid cases were picking up during the second wave of the pandemic.
10,774 Employees Laid Off In 6 Months
Rediff.com26 Jul 2023Around 6,967 tech employees lost their jobs in Bengaluru, the highest among Indian cities, partially because of its evolution in recent years as a start-up hub.
How Much Internet Shutdowns Cost India
Rediff.com27 Jun 2023India has incurred the third highest losses globally due to Internet shutdowns in 2023.
India Exports More To The US Than It Imports
Rediff.com22 Jun 2023The exports in 2022-2023 was $79 billion, compared to imports of $50 billion.
8,134 Have Lost Jobs Till May
Rediff.com26 May 2023Among India's tech companies, education-associated start-ups are the worst affected, recording the maximum number of layoffs.
Why Indian Aviation Faces Turbulence
Rediff.com22 May 2023The inactivity of Go First may help other airlines in India's competitive market as it had a 7.8 per cent market share.
17th Lok Sabha likely to be shortest since 1952
Rediff.com18 Apr 2023'With one more year remaining in the term, and 58 average sitting days a year, the 17th Lok Sabha is unlikely to sit for more than 331 days.' 'This could make it the shortest full-term Lok Sabha since 1952.'