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New IIP series may use GST data, be seasonally adjusted: MoSPI Secy

Besides, the new IIP series will be chain-based, as the annual survey of industries (ASI) data is available to adjust the weights of different industries

Food prices cool Feb inflation to 3.61%; IIP rises to 8-month high in Jan

Rajani Sinha, chief economist at CARE Ratings, said food inflation is likely to remain benign in the coming months but any weather-related disruptions could play spoilsport

Prices of veg, non-veg thali decline nearly 5% in February: Crisil

The report noted that the cost of a non-vegetarian thali was up by 6 per cent year-on-year, driven by an estimated 15 per cent year-on-year rise in broiler prices

MoSPI likely to include data on new activities in revised IIP series

Water collection, disposal likely to be included in series starting next Feb

Time spent by Indians on leisure, mass media up by 16 minutes: Survey

NSO's latest survey says the time spent on these activities rose to 159 mins a day in 2024

In last inflation print before MPC meet, February CPI likely near 4% goal

The RBI had projected the CPI inflation for the current financial year (FY25) at 4.8 per cent with the headline figure in March quarter remaining at 4.4 per cent

70% women workforce participation by 2047 key to Viksit Bharat: Labour Secy

Dawra also highlighted the significant strides made by women in India's economic landscape

Boost in domestic, int'l demand drives growth in services PMI in February

The India Services Purchasing Managers' Index rose to 59 in February from a 26-month low of 56.5 in January

Private investments may drop below 11% of GDP, says India Ratings

Private investment likely to fall further after hitting three year low in FY24, says India Ratings

India's urban population set to reach 900 mn by 2047, says PM Modi

Modi also highlighted the government's initiatives in education, such as the new National Education Policy (NEP), expansion of Indian Institutes of Technology (IITs)

Manufacturing PMI dips to 14-mth low in Feb as new orders, production fall

Despite slowing to the weakest since December 2023, rates of expansion in output and sales remained elevated, according to a private survey

Integration of AI in IT sector will create more jobs: Labour Secy

"The labour ministry budget for this fiscal year is at a historic high. Around Rs 20,000 crore belong to these three schemes. So, this should give you a clue," she said

India needs 7.8% growth for 22 yrs to be high-income by 2047: World Bank

Report highlights the need to cut import tariffs, simplify procedure to attract foreign investment

EPFO keeps interest rate at 8.25% for FY25, benefiting 300 million members

This comes against the backdrop of ebbing stock markets and bond yields in the current financial year

Reducing fiscal deficit to around 3% of GDP difficult: Govt to IMF

The report further noted that both the IMF and the government saw a need for medium-term fiscal consolidation but considered targeting a more gradual pace of adjustment to be appropriate

BS Manthan: Audit quality has improved in past few years, says NFRA chief

He further added that the regulatory body is not passing disciplinary orders in abundance and is instead focussing on inspections

Rural India spending more time on education than urban India: Survey

Time spent by women on 'learning' remained unchanged at 84 minutes during five years, while the time spent by men declined to 94 minutes from 102 minutes

EPFO likely to reduce interest rate for FY25 in Friday board meeting

Last year, interest rate for FY24 was fixed at 8.25 per cent by CBT, the apex decision making body of the social security organisation

Women spent 71 minutes a day on 'work-related activities' in 2024: Mospi

10 minutes more than in 2019: Mospi survey

Fresh formal hirings decline by 3% in December, shows EPFO data

The EPFO data is considered crucial as it reflects the state of the formal labour market. Only the formal workforce enjoys social security benefits and is protected by labour laws