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G20 countries to focus on skill gaps, work and social protection policies

To prepare for the future of work, the leaders of the world's top economies welcomed efforts to map global skill gaps and the development of a G20 policy to address skill gaps globally

India needs to clock 8% to become biggest contributor to global growth

Barclays report says that while the debt overhang and worsening demographics will hinder China's growth

EPFO issues fresh guidelines for granting exemption to establishments

The new procedure contains direction for the establishments, regional offices, zonal offices and head office

Services PMI slows down in Aug as sales wane off despite record exports

Optimistic outlook of companies bodes well for growth prospects, says S&P Global survey

Inflation expected to moderate from September: RBI governor Shaktikanta Das

He said the monetary policy framework in India had evolved in line with developments in theory and country practices, the changing nature of the economy, and developments in financial markets

States use off-Budget borrowing to foot power subsidy bills: CSEP

According to the report, the aggregate loss of 68 discoms increased by 66 per cent to Rs 50,281 crore in FY21

Govt, Meta sign three-year partnership to skill 500,000 entrepreneurs

The partnership will facilitate training of 5 lakh budding and existing entrepreneurs in digital marketing skills via Meta platforms like Facebook, WhatsApp, and Instagram in seven regional languages

India manufacturing PMI grows to three-month high in August: S&P Global

'Sharp expansion' in international sales show companies' focus on international business, says survey

India's core sector output slowed to 8% in July 2023, shows govt data

Crude oil production saw positive growth (2.1%) for the first time in 14 months since May 2022

Poorer states drove formal job creation in January-June period: EPFO data

Net payroll addition is calculated by taking into account the number of new subscribers, the number of exits and the return of old subscribers

Aatmanirbhar Bharat Rozgar Yojana surpasses employment generation target

The government had launched ABRY in October 2020 to incentivise employers for the creation of new jobs and restoration of retrenched workers during the Covid-19 pandemic

Monthly income of food delivery workers fell 11% over 3 years: NCAER

NCAER study shows real income of long-shift workers fell 11.1% in 3 years due to inflation and increased share of fuel costs

Debt pause clause soon to be taken up for board approval: World Bank CFO

Speaking at the CII B20 session, world bank official said that countries need to be financially resilient when faced with natural disasters and other kinds of crises

Fresh corporate NPS subscribers decline 26% during Jan-June: NSO data

A cumulative total of 77,140 new subscribers embraced the NPS under the corporate component this year, a drop from 104,447 last year

30 SIICs to create industry-ready workforce: MoS IT Rajeev Chandrasekhar

The minister also highlighted how technology in India has served as a unifier, being inclusive in connecting the people with the government and its welfare measures

West Bengal sees microfinance as a key driver of economic growth: Mitra

Speaking at a precursor meeting of the Bengal Global Business Summit (BGBS) 2023, Mitra said that banks in West Bengal lent Rs 1.28 trillion to the MSMEs in FY23

Fresh formal job creation touches 9 month high in June, shows EPFO data

The monthly data released by the EPFO is part of the government's ongoing effort to monitor formal-sector employment using payrolls as a metric

PM Vishwakarma Yojana will modernise traditional skills, says PM Modi

The Prime Minister shed light on the considerable increase in the average income of the populace, as evidenced by the number of income tax returns filed this year

Employment in India registered V-shaped recovery post-pandemic: Former CEA

Krishnamurthy V Subramanian also called to cease the use of CMIE data on employment in India till the flaws in its survey methodology are fixed

Cabinet nod to Rs 1 lakh loan at 5% rate to Craftsmen under PM Vishwakarma

Under the scheme, common service centres will be set up in rural areas for registrations, and beneficiaries will be finalised at the district level by state governments