An International Labour Organisation report said there was 14% drop in global working hours during second quarter of 2020, equivalent to loss of 400 million full-time jobs.
For two decades, I had maintained that unlike the developed West, India should not be overly concerned about inequalities because our economy was in the growth phase.
The Congress leader called out the govt's hypocrisy, saying it was promising economic packages and employment, while in reality, factories were being shut.
Developing countries are expected to be hit harder in the economic downturn. But PM Modi’s steady and resilient leadership will surely guide India to calmer waters.
The note ban affected the demand, while GST raised production costs, forcing small industry owners to fire both contracted labourers and skilled artisans.
Following the transaction which is expected to be completed by November, Dassault Reliance Aerospace Ltd will become an associate company, with Reliance retaining a 49% stake.
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
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