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Business Headlines l Bad news on women’s day: employment for women drastically reduces


A report by consulting and advisory firm Deloitte suggests that women’s participation in India’s workforce has seen a massive fall from 36.7% in 2005 to just 26% in 2018. Lack of access to quality education and a widening digital divide are the chief reasons. However, a bright spot is that the proportion of women employed in the services sector has risen in every G20 nation, with the exception of Saudi Arabia. The BJP and its supporters accounted for a lion’s share of total political advertising worth over 4 crore ₹ on Facebook within a span of a month. This year’s general election will be the biggest for India’s advertising market, with experts estimating total spends to be in the range of 2,500 to 2,600 crore ₹. The sprawling seaside mansion of fugitive diamond kingpin, Nirav Modi in Alibaug has been demolished by a team led by District Collector of Raigad, Vijay Suryawanshi on the orders of the ED. The bungalow, which is spread over 35,000 square feet is pegged to be in the range of 100 crore ₹.

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