Will the Adani-Hindenburg case decision by the Supreme Court stop the bleeding in the capital markets? Time will only tell. In the meantime, India recently heard some encouraging news from the government. This took the form of a report from the Periodic Labour Force Survey. It provided a rosy picture of the employment situation in the nation.
Even the unemployment rate has been dropping steadily. What does this report tell us, though, and what does the fine print say?
Source: Bill Gates
During the pandemic, the unemployment rate in urban areas rose sharply to 20%. Hence, the 4.1% statistic does in fact point to a strong rebound. Moving on, the US FDA has increased its regulatory site inspections following a Covid-19 hiatus, and numerous Indian medicine manufacturers have recently found themselves in its crosshairs. Cipla was also criticized by the US authorities. How does this affect the business and its stock price?
Source: MintThe Russian invasion of Ukraine has disrupted the financial markets and the global economy over the past year. Yet Moscow just suspended a nuclear armaments deal with the United States, adding fire to the simmering confrontation.
What do you think about this?Share your views in the comments below
