Last week, after a court ruling on the AB 5 legislation in California, Uber and other ridesharing companies may be forced to classify their independent contractor drivers to regular employees. Share of non-regular employees in India is at 77%. That's a worrying trajectory. Read on for a deep dive.
Among the slew of activities that were disrupted and brought to a halt since the nation-wide lockdown, there were a handful that continued to run interrupted. One among them was the Indian Railways ferrying goods. The Railways ferries a wide basket of goods - what does the freight tonnage tell us about the extent of the recovery?
The RBI releases data on total credit disbursed throughout the country to various sectors every month. Credit to industry has been tapering for quite some time; a phenomenon highlighted by the Economic Survey of 2019-20 as well. However, there are two sectors that stand out: Personal loans and Services. Read on for a deeper dive how they've managed post-lockdown.
Delhi and Mumbai jointly account for more than 35% of credit. But beyond these, which districts are the future engines of growth? How does Chennai's growth differ from Bangalore?
The RBI, in a quarterly statement gives out the credit disbursed and deposits made across all districts of India by these scheduled commercial banks. This is a good indicator of economic activity in a district. How does the landscape of credit distribution across India's districts look?
With a recession breathing down on our necks, the automobile industry was already in a lurch before the Coronavirus pandemic. But the pandemic and the nation-wide lockdown brought the industry to a screeching halt. Will auto-sales recover?
The last of the marathon of press conferences that FM Sitharaman held to announce the plan of the gigantic Rs. 20 lakh crore concluded today. In case you missed it, it had everything from increased lending and changing the definition of MSMEs, power sector reforms and even a couple of space reforms. Everything - except what people were hoping for and what most other countries have done - direct cash transfers.
Which states have made progress since the last round of classification of districts? Comparing the two district-level maps showed obvious gains in South and North-East India. The North-East had few cases to begin with, and have taken control on even the few non-hotspot districts present.
How should the lockdown be lifted? Gradually or radically? And where? Good news: Shops in many areas will open soon. Bad news: Not if you live in 1 of these 431 districts.
45% of India's districts currently lie in green zones. However, they accounted for just 7% of the total credit flowing within the country. Will opening up of these "green zones" lead to some revival in the economy? Data suggests otherwise.