The International Labour Organisation, in its report titled "World Employment and Social Outlook", has projected global unemployment to reach 207 million in 2022, almost 21 million more than 2019.
Citing the massive surge in Omicron infections and the resultant impact on overall economic activities in the March quarter, Swiss brokerage UBS Securities has revised downwards its India's growth forecast for the current financial year to 9.1 per cent from 9.5 per cent earlier.
EXAMIANS