Browsing Tag

recession

India exits technical recession

New Delhi: India has officially exited the technical recession phase that was brought about by the Covid-19 pandemic, as the country's Q3FY21 GDP grew by 0.4 per cent, official data showed on Friday. The National Statistical Office (NSO)…

Jobs bloodbath

By Dr Santosh Kumar Mohapatra* The worst contraction in GDP in April-June 2020 is a matter of hot debate now. But what is more disconcerting is the loss of jobs and livelihoods especially bloodbath of jobs. The common people don't…