Higher income households to drive revival in consumer spending, says CMIE

Higher income households, with higher savings and better sentiments, will drive the revival in consumer spending in India, the Centre for Monitoring Indian Economy said. “India’s revival in consumer spending is likely to be driven by households that earn more than a million rupees a year when the lockdown is lifted,” CMIE said in its … Read more

View: How jobs were impacted due to lockdown

Losses in salaried jobs are difficult to recover. These are not like informal jobs, or even like gigs. Synopsis While salaried jobs have taken the biggest hit during the lockdown, it is not that this form of employment is more vulnerable compared to other forms. By Mahesh VyasThe impact of the lockdown on employment has … Read more

Hit by Covid, professionals are coming out of their comfort zones to re-evaluate career choices

Communications professional Mohita Bahadur; and Delhi-based media professional Samapti Das For the past one year, Delhi-based politician-cum-entrepreneur Harish Khurana had been busy running a 1,000-sq-feet casual dining restaurant. In March, he was taking trials to launch a brand new 200-sq-feet outlet called Hashtag Pizza in Ambience Mall, Gurugram. But just two weeks later, the lockdown … Read more