India’s October jobless rate rises to 6.98pc

NEW DELHI: India’s unemployment rate in October rose to 6.98pc from 6.67pc in September, according to data released by the Centre for Monitoring Indian Economy (CMIE).

The novel coronavirus has infected nearly 8.2 million people in the world’s second-most populous nation, hitting large parts of the economy.

Economic activity has resumed after the government eased pandemic lockdown restrictions.

Must Read

China eyes 1,000-acre maritime hub at Port Qasim to revive Pakistan’s...

Project promises robotic shipbreaking, on-site steel processing, and vessel production seven times larger than current capacity