India

India’s unemployment problem surges to 7.83% in April

India’s unemployment problem shot up to 7.83% in April from 7.60% in March, according to the latest data released by the Centre for Monitoring Indian Economy (CMIE).Due to lack of decent jobs in cities, unemployment in urban areas is worse than that in rural, the data show. While rural data showed a marginal drop in unemployment from 7.29% in March to 7.18% in April, urban joblessness saw a sharp spike to 9.22% in April from 8.28% a month ago.

published on : 20th May 2022

WATCH: Road work stopped for 54 days for a python

The Uralungal Labour Contract Co-operative Society Ltd (ULCCS), which is building the four-lane highway in Kasaragod, suspended the construction work of a culvert for 54 days, allowing a mother python to hatch 24 eggs. The Department of Forest, the company, and a dedicated snake rescuer put in a concerted effort to bring the snakelets to the world.

published on : 17th May 2022

Explained: What India's high inflation means for taxpayers and why it will affect the poor the most

Contrary to finance ministry claims, most experts believe that higher inflation will adversely impact the lower-income classes. India registered 7.8% retail inflation in April 2022, much higher than the upper limit of RBI’s inflation range. The headline inflation soared to an 8-year-high at the same time. Prices of food items, edible oils and fuels have skyrocketed. But what does that mean for the taxpayers?

published on : 16th May 2022

Explainer: Why is Indian Railways cancelling passenger trains ? | Coal Crisis

With many states facing power shortages due to a coal crunch, Indian Railways has cancelled more than 650 passenger and express train trips to facilitate the movement of freight trains to power generation plants. Apart from the cancellation of train trips, the routes of 42 passenger trains have also been diverted in many parts of the country to facilitate the transport of coal. Indian Railways said that this plan is set to be in force for 2 months in order to avoid coal crisis during the monsoon months that see less mining.

published on : 30th April 2022

How Sri Lanka's economic crisis affects Indian businesses

The uncertainty due to the geopolitical crisis in eastern Europe is already taking a toll on exporters, travel and tourism industry and all other businesses in general, and now with the Sri Lankan economy floundering in the neighbourhood, things can’t get bleaker. The island nation is smaller in size but is of significant interest for India, both strategically and economically. Several Indian companies have a presence in the country.

published on : 10th April 2022

ICC Women's World Cup: Can India stop the Australian juggernaut?

With two wins needed in three games, India will be up against the mighty Australians who have steamrolled every opponent so far. Can Mithali Raj and Co. stop the ODI juggernaut and bag a crucial win in their World Cup campaign?

published on : 18th March 2022

Russian oil deal could place India on 'wrong side of history: US

The United States on March 15 said India would not be violating US sanctions by purchasing discounted Russian oil but added that such a move would put the world's largest democracy on the "wrong side of history".

published on : 16th March 2022

EXCLUSIVE: Parents of Indian students in Ukraine request urgent help from government 

Parents of Indian students pursuing education at various universities in Ukraine are anxious as their children are stranded in the country that Russia has invaded. TNIE got in touch with the parents of three such students who are currently stuck in Ukraine. This is what they have to say.

published on : 26th February 2022

'We can hear bombs': Indian students in Ukraine appeal to Embassy, GoI for help

'Just bring us back home,' was the SOS message that Kerala students in Ukraine have been giving out, as the Russian invasion progresses. With food and supplies running out and the sounds of bombing echoing across, the students who have taken refuge in metro stations and bunkers are seeking the Indian government's help to bring them back home.

published on : 26th February 2022

EXCLUSIVE: Indian students stranded in Ukraine narrate situation amid Russian attack

Inside Ukraine's overcrowded bunkers - some real and some makeshift like tube stations and basements - Indian students are waking up to explosions. Some have seen fighter jets roaring through the sky. Some even say that rockets landed in places not far from where they are.

published on : 25th February 2022

All you need to know about Air India’s new CEO Ilker Ayci

The Tata Group on Feb 14 announced the appointment of former Turkish Airlines Chairman Ilker Ayci as the MD and CEO of Air India. Ilker Ayci will assume his responsibilities as CEO of Air India on or before April 1, 2022.

published on : 17th February 2022

ISRO successfully launches EOS-04, two co-passenger satellites, starts 2022 on a good note

The Indian Space Research Organisation (#ISRO) on Feb 14 morning at 6:17 am successfully launched Earth Observation #Satellite EOS-04, into an intended sun-synchronous polar orbit of 529 km altitude.

published on : 14th February 2022

After 45 hours, Kerala youth who was trapped in hill cleft rescued by Indian army

After 45 hours, the 23-year-old man who fell into a rock cleft in the Kurumbachi Hills in Cherad near #Malampuzha was successfully lifted atop the hills by the Army personnel on Wednesday morning. On reaching the hilltop, displaying unbelievable willpower, the youth, R Babu, walked for some distance, according to the rescue personnel.

published on : 9th February 2022

Budget 2022: 30% tax on income from crypto, NFTs; digital rupee to be launched by 2023

In a major boost to crypto players, Finance Minister Nirmala Sitharaman in her Budget Speech 2022 said 30% tax would be charged on income from transfer of virtual digital assets. The FM said no set off would be allowed in case of losses.

published on : 2nd February 2022

Listen | India's first Covid patient shares her story as nation completes 2 pandemic years

Exactly two years back today, on January 30, 2020, a third-year medical student from Wuhan university tested positive for coronavirus, becoming the country's first COVID-19 patient, days after she had returned home following semester holidays. This is her story, in an exclusive interview with The New Indian Express.

published on : 30th January 2022
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