Page 35 - Shiva Rajora/workspace/business Standard Web/undefined

After Murthy's comment, govt says no proposal to have 70-hour work week

Infosys founder had said young people should work more for India's progress

India's manufacturing PMI rises to 56 in November on easing prices

The survey also notes that there was a substantial increase in the overall levels of new work received by Indian goods producers in November

Day after Q2 GDP data, economists raise India's FY24 growth forecast

However, analysts continue to exercise caution for the second half of the current fiscal year and FY25 as consumption remains a concern

Q2 GDP: Investment growth at 5 qtr high, household consumption slows down

Rajani Sinha, Chief Economist, CARE Ratings, says that on the demand side, there was a sharp jump in investment, led by the Central and state governments, that helped pull up the GDP growth

After two quarters of fall, urban unemployment rate stagnated at 6.6% in Q2

However, the unemployment rate for the youth (15-29 age group) declined to 17.3 per cent in Q2 from 17.6 per cent in the June quarter

The great employment question: Is the job market shrinking or transforming?

Latest PLFS shows unemployment rate fell to its lowest level of 3.2% in July-June 2022-23

Financial institutions told to strengthen fraud management system

The FIs consist of central banks, retail and commercial banks, internet banks, credit unions, savings and loan associations

S&P Global raises India's FY24 growth forecast on 'robust momentum'

Projects economy to grow at 6.4% as against 6% earlier; lowers FY25 outlook

Low-paid, migrant workers more prone to injuries in automobile sector

The report titled 'Crushed 2023' is the fifth annual study on the state of worker safety in the Indian auto sector

NPS adoption by govt employees hit 6-month high in September: NSO data

In March, 85,586 government employees had joined the NPS

Urban consumption likely to propel India's GDP growth in July-September

Besides, the index of industrial production (IIP) also grew at a robust pace of 7.34 per cent during the quarter, along with a robust 13.9 per cent growth in electricity demand

10% fewer fresh formal jobs created in Apr-Sep period, shows EPFO data

Besides, the number of young subscribers belonging to the 18-28 age group declined by 9.54 per cent to 3.93 million this year from 4.34 million in the corresponding period last year

BMS-backed union stages protest demanding restoration of Old Pension Scheme

Restoring the OPS has been a key 'guarantee' of the Congress in the Assembly elections since the Himachal Pradesh polls in November 2022

Fresh formal job creation declines to six-month low, shows EPFO data

The monthly data released by the EPFO is part of the government's effort to track formal-sector employment by using payrolls as an instrument

Rural retail inflation higher than urban in 18 of the past 22 months

In October 2023, rural inflation stood at 5.12 per cent against urban inflation at 4.62 per cent

Indian e-commerce exports should touch $200 billion in next 6-7 years: DGFT

The Director General said that the DGFT has taken a number of initiatives along with other regulatory agencies to ease e-commerce exports

India's GDP to grow 6-7.1% during 2024-2026, growth prospects strong: S&P

The report further said that the State Bank of India and leading private-sector banks have largely addressed their asset-quality challenges

Netherlands, UK, Australia push India's exports in April-October period

India's imports contracted 8.9 per cent in April-October period though inward shipments shot up 12.3 per cent in October led by a near doubling of gold imports

Financial propriety of G20 to benefit global economy: President Murmu

The President said that India's leading position in the world community is also visible in the field of audit

No deadline for UK FTA but working on a timeline: Commerce Secretary

Out of four pillars, India has joined three pillars - supply chains, clean economy, and fair economy (issues like tax and anti-corruption), and is an observer under the trade pillar