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LOCKDOWN IMPACT ON INCOME
IITian grew up in one bedroom home, had no stable income for 6 years after graduation. An advice from his mother transformed his businessAn IIT BHU graduate, Saurabh Bothra, defied expectations by leaving a stable career path to pursue yoga. After facing financial uncertainty...- Avammune’s big bet: Why the future of cancer treatment may come in a pillAs global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherap...
- Uber stock jumps 9% after $53.7 billion bookings beat: is UBER entering its strongest growth phase again?UBER stock surged roughly 9% in premarket trading after the company reported first-quarter 2026 results that beat Wall Street on the metric...
- View: Why India's 'Lock-Unlock-Relock' policy needs a relookFor a low-middle income country like India, lockdowns and other such restrictions have a skewed impact. They seem to protect the rich and t...
- CG Power Q2 results: Posts net profit of Rs 109 crThe company had suffered a net loss of Rs 1,595.21 crore in the corresponding period of the previous financial year, according to a BSE fil...
- 90% gig workers earn below Rs 15,000 post-lockdown: StudyGig economy workers in ride-hailing, delivery and cleaning segments have been hit the hardest by the coronavirus-induced lockdown, with 81%...
- India may run into additional risk of balance-sheet damage in second half of 2021: Jahangir Aziz'Brazil had a more severe Covid infection than India, but half the damage to economy.'
- BHEL Q1 results: Loss widens to Rs 893.14 crore as lockdown adversely impacts operationsThe consolidated net loss of the company was at Rs 218.93 crore in the quarter ended June 30, 2019, Bharat Heavy Electricals Limited (BHEL)...
- Soon, household survey to capture data of migrant workers hit by Covid-19 pandemicThe move is aimed at creating a central data repository of migrant workers. The proposed household survey will focus on job and income loss...
- BGR Energy Systems Q4 results: Report Rs 4.71 crore lossTotal income dropped to Rs 320.32 crore in the quarter from Rs 1,012.98 crore in same period last year.
- Whirlpool Q4 results: Reports 16% drop in profit, but FY20 net up 17%Total income from operations of grew 11.2 per cent year on year to Rs 6,121.2 crore.
- People more worried about economic crisis than coronavirus, says studyThe study, based on responses of participants from 104 cities across 23 states, said majority of respondents are worried about the economic...
- Covid has hit income of 60% households: SurveyIn foods, modern trade shoppers reduced focus on staples, when they moved into the lockdown period but continued to shop for convenience it...
- Non-migrant workers in Delhi see income drop by at least 57 per cent during lockdown: StudyThe study uses data collected from 1,392 non-migrant workers, many of whom live in Delhi's informal settlements. The data was collected in ...
- Lockdown impacting your income? Do this now so that your future money goals are safeIncomes of many people, especially those who are self-employed, have been impacted due to the lockdown. To help you through these tough tim...
- The curious phenomenon of revenge shopping in China after lockdownLong queues, fuelled by revenge spending sprees, have been seen outside outlets of brands in Chinese cities.
- Covid-19 outbreak and lockdown impact income of 85% of NCR households: NCAER surveyThe data showed that casual labourers were disproportionately affected with nearly 75% stating their wages were severely affected. This fig...
- Below average MGNREGA show, lower agri prices adding to rural distressThe lockdown following the outbreak is expected to bring down aggregate demand drastically in both rural and urban areas, the RBI said on T...
- Govt could consider suggestions for cash transfer to unemployed workers: Niti Aayog VCFollowing the nationwide lockdown, which will be in place till April 14, thousands of migrant workers from Uttar Pradesh, Bihar and other s...
- Lower income tax, GST and interest rates to limit economic impact: Harsha RazdanPrivate sector alone can’t manage job losses, says KPMG India’s Partner and Head of consumer markets.
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