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Centre nudges states to implement new labour codes, shifts reform goalpost

During 2019-20, Parliament consolidated 29 labour laws into four codes - Code on Wages; Code on Social Security; Occupational Safety, Health and Working Conditions Code; and Industrial Relations Code

Real wage growth likely to taper to 6.5% in FY26: India Ratings

India Ratings expects wage growth to moderate next year as inflation remains stable and monsoon conditions hold, with a slight slowdown in private consumption growth

Gig workforce in India to grow to 62 mn by 2047: Labour ministry study

India's gig and platform workforce is set to reach nearly 62 million by 2047, accounting for 15 per cent of the total non-agricultural workforce, driven by technology and flexible work trends

Revised CPI series may track more markets, ecom data in major cities

Currently, monthly price data is collected from 1181 villages and 1114 markets in 310 selected towns by the field operations division of the NSO

MoSPI sets up working group to prepare statistical business register

The proposed business register will be prepared using data from the economic census (EC), state specific databases and central databases

Alternative data sources help in 'proactive intervention' for growth: CEA

Suman K Bery, vice-chairperson of NITI Aayog, told the workshop conventional data should be integrated with alternate sources while ensuring quality

Census 2027: Findings to spruce up economic data, urban-rural gauges

The next census' findings will also help identify the extent of India's ageing population and vulnerability levels

Services sector growth steady in May as export demand remains strong: PMI

Record hiring in sector as companies 'heavily increase' staff recruitment, says survey

OECD lowers India's FY26 growth forecast to 6.3%, UBS raises it to 6.4%

The OECD cuts India's FY26 growth forecast to 6.3%, citing risks from rising US tariffs and trade tensions, but expects private consumption to strengthen with rising incomes and moderate inflation

Workers suffer in limbo as Centre shifts burden of labour reforms to states

Many, especially industries operating across state borders, are apprehensive that this will create an even more complex web of jurisdictions and laws

Cost pressures, Pak conflict dampens manufacturing activity in May: PMI

The HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 57.6 in May from 58.2 in April

52% agricultural homes rely on non-farm income amid rising volatility

Trend towards diversification reduces risks associated with farm income: PRICE report

Chhattisgarh biggest laggard in mobile ownership by women: NSO data

NSO data shows 92% women in Goa, Ladakh owned a phone, followed by Mizoram, Kerala

The rebound: Consumption picks up in FY25 on rural demand, shows NSO data

Dharmakriti Joshi, chief economist, Crisil says that consumption growth outpaced GDP, primarily driven by robust rural demand supported by a strong agricultural sector.

Digital divide: 51% rural women don't own a mobile phone, shows NSO data

NSO survey shows stark gender divide in mobile ownership with 51.6% of rural women aged 15+ lacking personal mobile phones despite near universal youth usage

NSO to launch first-ever National Household Travel Survey in July: Mospi

The survey will collect data on daily domestic travel patterns to help shape policies on infrastructure and transport, covering all of India except remote A&N villages

Industrial output growth dips to 2.7% in April, lowest in eight months

Industrial output slowed in April as mining contracted and electricity growth eased; capital goods saw robust growth while consumer non-durables remained weak

In FY24, Indians tightened belts but ramped up happy hours to fresh high

In fact, consumption of alcoholic beverages grew at the fastest pace since 2011-12 when the current GDP data series was launched

MoSPI calls to monitor MUDRA impact in upcoming CAPEX, ASUSE surveys

MoSPI urges inclusion of MUDRA scheme impact, richer profiling of enterprises, and renewable investment intentions in upcoming CAPEX and ASUSE survey rounds

Skill ministry proposes 36% hike in stipend for apprentices under NAPS

MSDE suggests CPI-linked revisions and broader industry coverage under apprenticeship schemes to reduce dropouts and align training with emerging sector demands