Shiva Rajora

India will use household consumption survey data to estimate spending in the revised GDP series, reflecting a shift as families now spend more on non-food items than food

For urban areas, the jobless rate fell to 6.5 per cent from 7 per cent during the same period

Food deflation eases to -3.91%, rural inflation turns positive at 0.10%, but gold & silver surge above 58% keeps core elevated

EPFOA alleges that the nightclub's EPF-registered entity, M/s Being GS Hospitality Goa Arpora LLP, never deposited provident fund dues since its coverage

The report edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Rowaida Moshrif, and Thomas Piketty shows that the top 1 per cent Indians hold about 40 per cent of the country's wealth

ADB has sharply raised India's FY26 growth forecast to 7.2% on stronger consumption post tax cuts, while inflation estimates have been lowered as prices soften and demand strengthens

The Centre has notified implementation of four labour codes, including new provisions for gig workers. But definitions, enforcement capacity and state rules may decide how far benefits reach

Fitch raises India's FY26 growth forecast to 7.4%, citing strong consumer demand and GST-driven sentiment, while expecting slower growth ahead, limited rupee fall and one more RBI rate cut

Government reviewing FDI policies as net inflows stay muted; manufacturing push and policy reforms key to attracting investment

States like Kerala and Himachal Pradesh, which have high scores in traditional HDI and are praised for their success, show some of the largest gaps once quality factors are taken into consideration

OECD has kept India's FY26 growth forecast unchanged at 6.7% and FY27 at 6.2%, citing easing monetary policy and public capex, while warning that higher US tariffs could hit exports

The headline HSBC purchasing managers index (PMI) figure, compiled by S&P Global, for November fell sharply to 56.6 from 59.2 in October

According to a NITI Aayog report, nearly 10 million gig workers were employed in the country in 2024-25, with the number projected to grow to 23.5 million by 2029-30

Economists reckon this recovery could be a sign of the broadbasing of consumption in the economy, with rural consumption leading the way

Gurnani said that the labour ministry will republish the draft rules soon and give 45 days' time for public consultation

Labour Secretary Vandana Gurnani talks about how the ministry plans to enforce worker protections without bureaucratic drags and how states are aligning their rules with the national framework

Reportedly, the centre is in works to come up with the rules under the new codes by the first week of December, following which there will be a 45 day window for stakeholder consultations

Meanwhile, the number of establishments in the sector rose to 79.7 million from 79.42 million during the corresponding period

SBI expects India's four new labour codes to boost formalisation 15%, extend social security to 85%, and create 7.7M jobs, though costs and state rules may affect results

The Joint Platform of Central Trade Unions (CTUs), comprising 10 Central Trade Unions including (CITU), have called for protests from November 26