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Business Standard poll: Experts see FY26 nominal GDP growth at 10-11%

The first advance estimates released by the National Statistics Office (NSO) on Tuesday estimated a nominal GDP growth of 9.7 per cent for FY25

Indian employers plan to outpace global peers in future tech adoption: WEF

The report also identifies increased digital access, geopolitical tensions, and climate-mitigation efforts as key trends expected to shape the future of jobs in India by 2030

Consumption jump, slower capex likely in FY25: NSO's 1st advance estimates

Rural spending may drive consumption growth, while capex may moderate amid fiscal constraints

2023 income inequality exceeded 1950s levels in India, says report

The Gini coefficient measures the extent to which the distribution of income among individuals or households within an economy deviates from a perfectly equal distribution

Demand buoyancy pushes services PMI to 4-month high of 59.3 in December

The higher demand supported output growth and prompted firms to recruit additional workers

Trade unions urge FM to prioritise jobs, 8th Pay Commission, MGNREGA boost

The unions further demanded an increase in the income tax exemption rebate limit to Rs 10 lakh per annum and a social security scheme for gig workers

Falling poverty claims in SBI report spark concerns about methodology

SBI report, released on Friday, claimed a decline in poverty ratio in rural areas

Rural poverty ratio fell below 5% in FY24 for the first time: SBI Research

In comparison, the poverty ratio in urban areas fell to 4.09 per cent from 4.6 per cent during the same period

Widening the security net: Framework for gig workers set for June launch

Labour lawyer B C Prabhakar said that since the new labour codes are not yet implemented, it is pertinent that the government come up with a holistic framework for welfare of this bulging workforce

172 mn jobs created during 2014-24; 46 mn in FY24: Mansukh Mandaviya

He also highlighted that there has been tremendous growth in youth employment and a reduction in unemployment rates, as evidenced by the latest PLFS

India's manufacturing PMI slips to 12-month low of 56.4 in December

Pranjul Bhandari, chief India economist at HSBC, said that India's manufacturing activity ended a strong 2024 on soft note, amidst more signs of a slowing trend, albeit moderate, in industrial sector

NSO seeks private firms to conduct socio-economic sample surveys

By partnering with private agencies, the NSO seeks to tap into additional expertise and resources, enabling more efficient survey execution

Transforming EPFO: Can it pivot into a user-friendly organisation?

With the number of rejections rising to almost a third of claims, the government is taking steps to radically reform the country's largest social security platform in order to ease payouts of benefits

Core sector growth beats high-base effect, at 4-month high of 4.3% in Nov

In August, the output of the core sector had contracted (-1.6 per cent) for the first time in 42 months

NE states led growth in consumption expenditure during 2023-24: NSO

Data showed that average MPCE in rural Sikkim grew by 21.3 per cent to Rs 9377 during the period

Rural, urban food spending rises amid inflation pressure, shows HCE report

Conversely, among non-food items, rural households reduced spending on medical care, education, rent, fuel, and durable goods

Formal sector new hirings drops 20.8% in Oct, EPF additions hit 7-month low

"The increase in female member additions is indicative of a broader shift towards a more inclusive and diverse workforce"

Rise in unincorporated establishments driven by OAEs, shows NSO data

The share of OAEs stood at 84.2 per cent in the 73rd round of the National Sample Survey (NSS), conducted between July 2015 and June 2016

Job creation slows in unincorporated sector in 2023-24: NSO report

This is according to the latest factsheet titled 'Annual Survey of Unincorporated Sector Enterprises (ASUSE)' released by the National Statistical Office (NSO) on Tuesday

Lower-paid workers at higher risk of severe injury in auto sector: Report

The report, Crushed 2024, is the sixth annual study on the state of worker safety in the Indian auto sector