Over 10,000 companies in India shut voluntarily amid pandemic, Centre tells Parliament

In a written reply, Centre informed Lok Sabha that 10,113 companies were struck off under Companies Act between April 2020 and February this year.

Scroll Staff

· Mar 09, 2021 · 10:53 am

Household incomes in India are yet to recover from the Covid-19 lockdown shock

Even as the country ‘unlocked’ in September 2020, the Centre for Monitoring Indian Economy’s data shows that unemployment numbers rose to over 9% in December.

Manavi Kapur, qz.com

· Feb 27, 2021 · 01:30 pm

India’s economic crisis took their jobs and careers – and the ‘recovery’ hasn’t brought them back

Contrary to the government’s claims of an economic recovery, millions of young Indians laid off last year remain jobless.

Aarefa Johari

· Jan 30, 2021 · 09:00 am

Urban Indians are wary of splurging during this festive season, except when it comes to smartphones

A new survey says the ‘spending intent’ among urban Indians is below average this year.

Manavi Kapur, qz.com

· Oct 22, 2020 · 01:30 pm

India’s high taxes are a roadblock for carmakers trying to survive the economic slump

Concessions to the automobile manufacturers are unlikely amid the pandemic, say experts.

Niharika Sharma, qz.com

· Oct 06, 2020 · 01:30 pm

There’s no ban on hiring for government jobs, says Centre after row over austerity measures circular

The clarification came after Congress leader Rahul Gandhi criticised the Modi government. The Centre said its circular only referred to internal posts.

Scroll Staff

· Sep 05, 2020 · 07:55 pm

In charts: India’s GDP shrinks more than other major economies, decline set in before pandemic

The data is grim. The government is still in denial.

Scroll Staff

· Sep 02, 2020 · 06:30 am

Coronavirus lockdown, GST, note ban implemented with aim to destroy informal sector: Rahul Gandhi

In the first of a four-part video series, the Congress leader claimed that India will not be able to create jobs if the informal sector was broken.

Scroll Staff

· Aug 31, 2020 · 06:35 pm

Output of eight core industries shrank 15% in June, shows government data

Seven of eight sectors – coal, crude oil, natural gas, refinery products, steel, cement, and electricity – contracted.

Scroll Staff

· Jul 31, 2020 · 08:31 pm

Indians are yet to fully receive the benefits of RBI’s coronavirus relief measures

Despite several repo rate cuts, banks have only marginally slashed their lending rates.

Prathamesh Mulye, Qz.com

· Jul 13, 2020 · 01:30 pm

Most countries likely to go into recession, but India will see positive growth: Former RBI director

Vipin Malik on the central bank’s recent rate cuts and what its post-lockdown policy should be.

Prathamesh Mulye, Qz.com

· Apr 29, 2020 · 08:30 pm

LIC has been Indians’ security net for decades. It is now facing an uncertain future

Amid plummeting Sensex, the Life Insurance Corporation of India lost Rs 1.84 lakh crore in 2020.

Manavi Kapur, qz.com

· Mar 25, 2020 · 08:30 pm