The biggest loss of jobs among salaried employees was of 'white-collar professional employees and other employees'. Among these are engineers including software engineers, physicians, teachers, accountants, analysts and so on, who are professionally qualified and are employed in some private or government organisation All the gains made in their employment over the past four years were washed away during the lockdown, reveals Mahesh Vyas.
In the week ended June 6, only 2.3 per cent of the households reported that their incomes were higher than a year ago. This was the lowest-ever proportion of households reporting an increase in income in any week, reveals Mahesh Vyas.
Are we seeing a replay of March 2000? What are the similarities and differences and how worried should we be, asks Akash Prakash.
India's COVID-19 fatality rate has dropped significantly to 2.43 per cent from 3.36 per cent on June 17 due to effective clinical management of coronavirus cases, the health ministry and asserted that the country has handled the pandemic 'relatively well'.
Tata Steel delivered one of its best financial performances ever in the third quarter of the current financial year, and surpassed its deleveraging target of $1 billion. In an interview, Koushik Chatterjee, executive director and chief financial officer, Tata Steel, tells Ishita Ayan Dutt that the company will continue to focus on deleveraging but profitable and value-added growth will be equally important.
The broad-based NSE Nifty rose 52.80 points, or 0.50 per cent, to end at 10,530.70
Uncertainty is so intrinsic to sports that elite athletes will not have much trouble coping up with a pandemic-forced lockdown, believe India's top sports psychologists as they become a part of their journey into an unchartered territory. Rocked by the coronavirus pandemic, which has impacted minds as much as health and productivity, sports pyshologists Dr Chaitanya Sridhar, Nanaki J Chadha, and Keerthana Swaminathan are dealing with athletes across disciplines and economic spectrum, being their "sounding board, friend" and enabling them to process the magnitude of the situation.
It is time for the three finance ministers of the 1990s to reveal the real hero, says T C A Srinavasa-Raghavan.
'The pressure on relative performance and the feeling of being left out among many investors may also account for the belief among many that this has to be a technology stock bubble.' 'The feeling of a bubble is also reinforced by the extreme performance gap between growth and value investing.' 'While at first glance, one can only stand back awestruck by the wealth creation delivered by technology stocks globally. It does not seem at all like the internet bubble of 1999-2000, says Akash Prakash.
Currently more than 95 per cent of America's 330 million population are under a stay-at-home order and over 22 million Americans have applied for unemployment benefits.
If he doesn't win next year, it will set back the party's prospects in 2024. If he wins, it will be seen as his win as much as the BJP high command's, points out Shekhar Gupta.
In an address at a leading think-tank in Paris, Shringla mentioned two recent terrorist incidents in France, one of which he said had its origins in Pakistan, noting that the civilised world needs to act with firmness to address the threat of terrorism.
As on June 16, currency in circulation was Rs 15.29 lakh cr, or 86.2% of pre-note ban level
The first good view of the aftermath of Nepal's deadly earthquake from a satellite showed that a broad swath of ground near Kathmandu lifted vertically
One of the most attractive things in a movie romance is to watch two people fall in love over a date or two.
This is despite the private sector companies outperforming their public sector counterparts, reports Sachin P Mampatta.
The rupee appreciated by 10 paise to close at a nearly six-week high of 60.29 against the US dollar in the previous session tracking a solid rally in local shares and continued dollar selling by exporters and some banks.
Spread investments in equities, bonds, gold and cash to tackle volatility advise Nitin Singh, MD and head, and Vinay Joseph, director, investment strategy, Standard Chartered Wealth Management, India.
As the Indian equities signed off 2019 on a remarkable note, the m-cap of BSE-listed companies rose by Rs 11,05,363.35 crore to Rs 1,55,53,829.04 crore.
Income velocity based on currency with the public went down from 0.93 in October to 0.84 in March says a report from SBI's economic research department
Mid-cap information technology (IT) stocks dominate the list of companies that are trading significantly above their 200-DMA
Despite the Oscars, the box office glory, and the universal acclaim, Francis Ford Coppola, I am sure, remembers The Godfather with as much frustration as pride. Like Michael Corleone, he got into it with the best of intentions, and got out of it on top but lost in the heights. Sreehari Nair revisits the film as it turns 50 this month.
The policy review observed that the moderation in inflation, excluding food and fuel, that was witnessed in the first quarter of 2017-18 has "by and large, reversed".
Given the relative paucity of cricket this year, Test cricket has emerged as a healer for deprived fans, notes Dhruv Munjal.
The examinees of Class XII of CBSE Board will however have the option of either taking the exams later or to move ahead with the assessment based on their performance in the last three internal exams.
Intimate getaways offered in the form of homestays by hotels are proving to be the flavour of this extraordinary and difficult time. Not far from cities, they offer a pleasant respite from homebound lives, says Pavan Lall.
Some strong performances with the bat will help Joe Root to surge to the top and then potentially strengthen his position in the four-Test series against Pakistan, which begins on 14 July.
India captain Virat Kohli on Monday lost his number one position in the ICC Test rankings for batsmen, dropping to second after a forgettable performance in the second Test against England.
Small stocks made a dashing comeback in 2020 after delivering negative returns in the last two years as increased retail investor participation in pandemic times saw small-cap index surging up to 31 per cent and outperforming the bigger benchmark gauge. This year turned out to be eventful for the equity market, witnessing bearish and bullish sentiments at different points of time. While the initial part of COVID-ravaged 2020 saw the bears in full force amid concerns related to the pandemic and lockdowns hurting economic activities, bulls made a comeback towards the latter half of the year. As the market swayed with many lows as well as highs, small and mid-cap indices emerged as markets favourites in 2020.
Your sunscreen should contain mineral sun blocks like zinc oxide, titanium dioxide and iron oxide, says cosmetologist Dr Rinky Kapoor.
Gains in key IT, capital goods, healthcare and metal stocks, after consistent buying by domestic and foreign investors, helped both the key indices to scale new peaks.
The image was obtained at a high phase angle -- that is, with the sun on the other side of Pluto, as viewed by New Horizons.
Mount Everest moved three centimetres during the recent devastating earthquakes in Nepal but contrary to earlier reports the height of world's tallest mountain has not been affected, Chinese official monitoring agency said.
Traders also say oil-related dollar demand is capping broader gains in the rupee.
Shakya Mitra ponders why top batsmen like Michael Clarke bowing out early.
Check out some of the stocks that will react on the basis of their numbers in the near term.
If the rupee falls further, it would negatively impact the dollar-based returns of foreign investors, and could influence foreign flows into India.
The markets had been on an upward trajectory since August 2013.
'Focus on companies with healthy balance sheets and return ratios.'
Rajneesh Gupta salutes Tamim Iqbal's courage in the Asia Cup's opening game on Saturday and lists instances where cricketers braved injuries to battle it out for their teams.