Corporate Profits
India’s job situation has improved? Not so fast!
September’s unemployment rate fell to 6.43% from August’s 8.3%. However, behind this statistic lies the fact that the share of the working-age population that is actually working is still less than in pre-pandemic times
Record profits boost India’s corporate sector
This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic-related lockdowns and restrictions