CMIE data

Photo: Twitter / CMIE

Latest Data on New Unemployment Rate is Shocking; 2 Crore Jobs Lost Since April

According to Centre for Monitoring Indian Economy (CMIE), a total of two crore people are estimated to have lost their jobs since the Covid-19 induced lockdown commenced. Around 1.77 crore jobs were lost in the month of April, 40 lakh jobs in May and June combined, and 50 lakh jobs in July. While there has been a recovery in the informal jobs lately, reports state that it has left out healthier, salaried jobs.

Thu, 20 Aug 2020 - 08:02 PM / by Bharat Sharma

You May Like


Cryptocurrency Company Transfers $10.5 Millions By Mistake

In a shocking incident, due to an unfortunate typo, cryptocurrency exchange mistakenly issued a customer A$10.5 million ($7.2 million) rather than the expected A$100 ($68). The transaction was made in May 2021, which was realised by… read-more

TAGS: Cryptocurrency, Bizarre, Transaction, Audit, Australian Company, money

Indian Rupee-Dollar

Rupee Rises By 23 Paise Against US Dollar, At 79.72

In the closing market trend, Rupee rose by 23 paise at 79.72 against the US Dollar, on September 8. It witnessed an intra-day high of 79.65 and a low of 79.83 during the session. Furthermore, dollar index, which measures the greenback's strength… read-more

TAGS: Indian Rupee, Currency, US Dollar, Market Sensex, BSE

Vedanta- Odisha Govt

Vedanta To Invest Rs 25,000 Crores In Odisha, Signs MoU

Vedanta Resources announced an investment of Rs 25,000 crore for the expansion of its aluminium, ferrochrome and mining business in Odisha. The decision to have investment in "Make in Odisha" initiative was made on September 16, after the Vedanta… read-more

TAGS: Odisha, Make In Odisha Initiative, Investment, Vedanta, CM Naveen Patnaik

Cyrus Mistry

Cyrus Mistry's SUV Had Several Traffic Offences In Record, Investigation Underway

A team from the German luxury carmaker Mercedes-Benz, whose car crashed into a road divider killing industrialist Cyrus Mistry, collected the vehicle's data. The information will be decrypted for further analysis, and has revealed that the… read-more

TAGS: Cyrus Mistry, SUV, Traffic Violations, investigation, Maharashtra


Rupee Dips By 30 Paise In Closing Trend, Currently At 79.47

In the closing trend, the rupee fell by 30 paise, at 79.47 against US Dollar, on September 14. As per the share market, the dollar index was trading at 0.35 per cent lower at 109.43. Brent crude futures, the global oil benchmark, advanced by 0.62… read-more

TAGS: US Dollar, Rupee, Index, Stock market, BSE SENSEX

Tata Steel Mega Merger

Tata Steel Announces Merger With 7 Self Group Companies

Tata Steel's seven-member board has approved the amalgamation of seven subsidiaries with itself, confirmed the company in a regulatory filed on September 23. Although the nod was received on September 22, the notification was released the next… read-more

TAGS: Tata Steel, Merger, Indian Business, industry, Board Members