The unemployment rate fell to its pre-lockdown level of 8.5% in the week ended June 21, led by big gains in the rural areas, economic think tank CMIE said. The rate had gone up from 8.75% in March to 23.5% in April and May. It had peaked at 27.1% in the week ended May 3. The CMIE survey showed the gains in rural areas may even be bigger in the months ahead.
By the time you read this, diesel will cost Rs 79.88 per litre and petrol Rs 79.76 per litre in Delhi on Wednesday, the first time former has overtaken the latter anywhere in the country as state-run oil companies raised prices for the 17th day in a row.
Pressure is mounting on India to allow schedule passenger flights by foreign airlines. America on Monday ordered Air India will have to seek prior approval for operating flights to and from the US from July 22 as India “has impaired operating rights of US carriers and has engaged in discriminatory practices with respect to US carriers’ services to and from India.”
The government procurement portal GeM has made it mandatory for sellers to mention 'country of origin' on products they wish to sell through the platform, a move aimed at promoting Aatma Nirbhar Bharat (Self-reliant India), a senior official said on Tuesday.
