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Emphasis on capex is the highlight of Interim Budget: FM Sitharaman

She also informed the Rajya Sabha that the unemployment rate in rural areas has decreased from 5.3 per cent in 2017 to 2.4 per cent in 2023

Concerns over the sampling design of national surveys not tenable: Govt

NSS sampling design are not tenable, since the conclusions drawn have been based on the assessment of sampling design with faulty application inapplicable method/approach

EPFO mulls reinvesting 50% of ETF redemption proceeds in equity market

The move aims to enhance its equity exposure and earn higher returns for nearly 65 million subscribers

Uttarakhand saw sharpest dip in workforce during Covid, says survey

Apparel sector witnessed the worst decline in workforce in 2020-21

'Marginal' dip in manufacturing jobs during Covid-19 pandemic: ASI

According to ASI data, the employment in the manufacturing sector during the Covid pandemic year (FY21) declined by 3.2 per cent (year-on-year) to 16.08 million

Buoyant demand pushes India's services PMI to 6-month high in January

January figure marks 30 months of the index remaining above the 50-mark since July 2021. A reading above 50 in the survey indicates expansion of the sector and a figure below that suggests contraction

OECD marginally raises India's GDP growth forecast to 6.2% for FY25

For FY26, OECD has kept its growth forecast for India unchanged at 6.5 per cent

Decision on FY24 interest rate likely in EPFO board meet on Feb 10

A letter from the social security organisation regarding the convening of the 235th CBT meeting has been sent to all the board members, soliciting their presence in the meeting

Rating agencies cautious on India's sovereign credit profile post-Budget

Fitch Ratings said that though the interim budget presented was broadly in line with the expectations, it won't change the sovereign credit profile from 'BBB-' with a stable outlook

Interim Budget: Fiscal consolidation hits 26 of 37 welfare schemes in FY24

The interim Budget showed the total revised estimates (RE) for these 37 schemes fell by 6 per cent to Rs 4.41 trillion in FY24 from the budget estimate (BE) of Rs 4.69 trillion

Core sector growth hits 14-month low of 3.8% in Dec due to high base

Only fertilisers and cement sectors see acceleration in output

EPFO releases guidelines for EPS members having multiple accounts

The present guidelines are to streamline the claims process, as many times a member has multiple accounts and the contributed amount varies, causing trouble during the calculation of the amount

Regular wage employment for general category people worst in 5 years: PLFS

Decline in regular wage employment in general category led to an increase in self-employment and casual work

Centre releases advisories, surveys to boost female workforce participation

Key recommendations from the central government's advisories include promoting women in leadership and management roles, crafting gender-neutral job advertisements, among others

Agri, self-employment drive women participation in rural workforce: FinMin

The report pointed out that the female labour force participation rate (FLFPR) has been rising for at least six years now, to 37 per cent in 2022-23 from 23.3 per cent in 2017-18

Interim Budget: Come Feb 1, industry bodies stand behind capex boost

Earlier, the Finance Act 2021 had extended the sunset date under the concessional tax regime of Section 115 BAB by only one year to 31 March 2024

75,000 patents granted by patent office in 10 months: Piyush Goyal

"There has been a significant push to reduce criminalisation of laws regarding businesses in India," said Goyal

Fresh NPS adoption by corporate sector slips to 34-month low in Nov: NSO

Data shows that the addition of new monthly subscribers under the corporate segment fell by approximately 25 per cent to 7,728 in November from 10,341 in October

Nearly 45% CXOs see FY25 GDP growth hitting 6-6.5%: Deloitte survey

Meanwhile, 37 per cent business leaders expect the growth to remain below 6 per cent, as they cite rising inflation rates, supply chain challenges, and global headwinds as major challenges

Interim Budget 2024-25: Govt may target 5.3% fiscal deficit for FY25

Most economists see govt meeting FY24 target despite risks from weaker than budgeted nominal GDP growth and disinvestment shortfall