Analyzing Jobs Lost During Covid-19 – PLFS Survey
The release of periodic labor force survey (PLFS) data for April-June’20 quarter, the peak lockdown months, gives a comprehensive view of the extent of job losses. As per the survey,…
State of the Economy – Tracking the Uneven Recovery
Even after recording GVA growth of 1.0% during Dec’20 quarter (GDP growth – 0.4%), the uncertainty regarding continued momentum in recovery remains high. The available high-frequency data for Jan-Feb’21 reinforces…
Curious Case of Bond Market Movement!
Bond market has been moving up since the budget, much to the displeasure of RBI. Yield on 10-year government bond has crossed 6.2% from 5.9% just before the budget. Not…
RIL O2C Hive-off – Understanding the Restructuring
Reliance Industries’ (RIL) announcement last week hiving-off its Oil to chemicals business into a separate subsidiary is the third and final stage of company’s restructuring. The hiving-off is important not…