'We are recreating the biggest sports rivalry in the world, which is Indians versus Pakistanis right here in the United States.'
Broadly stagnant sales causes the first drop in business activity in over a year.
A reading above 50 indicates expansion while a one below this level means contraction.
Rahul Ram on the anthem he created for Oxfam's Inequality Virus project.
Surat houses more than 650,000 powerlooms. Of this, at least 60 per cent have been shut since a month, a loss of Rs 900 crore, finds out Vinay Umarji.
India was already in the midst of a protracted economic slowdown before the virus hit due to a festering crisis among shadow lenders and declining consumer demand and private investment. Service sector activity in India is still effectively on hold.
The country is gripped in an unprecedented economic downturn which is certainly going to spill over into the second half of this year unless the infection rate can be brought under control.
On the employment front, services employment was unchanged in April.
Karnataka, Maharashtra, Tamil Nadu, Telangana and Kerala have been ranked as the top five states in innovation in Niti Aayog's second Innovation Index released on Wednesday. The index, released by Niti Aayog's vice chairman Rajiv Kumar and CEO Amitabh Kant, has been developed on the lines of the Global Innovation Index. Jharkhand, Chhattisgarh and Bihar have been ranked at the bottom of the index. Karnataka topped the index for the second year in a row.
The sectarian killings by hit-and-run groups have revived and sharpened communal fears among the victims while the Poonch encounter reveals how deep the terrorists have dug in without getting noticed in the porous border area, notes Mohammad Sayeed Malik, the distinguished commentator on Kashmir affairs.
New businesses have been secured from the public and private sectors, as well as domestic and international markets.
Protests at this time when efforts are underway to strengthen the PLA and keep morale high would be worrying for the military leadership, observes Jayadeva Ranade, the retired senior RA&W officer and distinguished China expert.
The boom in world trade has ensured that export has grown by over 20 per cent. Has the FTP contributed to the stellar growth in exports? T N Rajagopalan thinks it did.
We import from China not because we love China, but because they sell us these things at cheap prices, points out Rathin Roy.
It is baffling how the PM chose the LCH as an indigenous product to celebrate on Rashtriya Raksha Samarpan Parv, even while his Cabinet holds up manufacturing clearance for 15 LCHs on the grounds that they are not Indian enough.
The minister said for eligible persons belonging to the violence-hit families seeking self-employment, the government would facilitate loans through banks.
The services sector had slipped into contraction in July as confusion caused by the GST rollout triggered a dip in new business orders.
The HSBC Emerging Markets Index, a monthly indicator derived from the PMI surveys, remained only just above the neutral threshold of 50.0 in September, signalling muted output growth in emerging markets.
The extra skills you acquire set you apart, differentiate you from your peers and fast track your career.
Will the M (Muslims) in the RJD's M+Y move fast swiftly towards the MIM and away from the RJD, asks Mohammad Sajjad.
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The subdued labour market is likely to recover.
The Centre has, however, retained its proposal to curb flash strikes as workers in all factories will be required to give employers a strike notice of at least two weeks after the Bill becomes a law.
'We have been bold and innovative on recognition in the past and we do not need to rush,' advises Ambassador T P Sreenivasan.
What will be its impact on the banks's balance sheets? Since banks need to provide for 10 per cent of the loans restructured, they would need Rs 50,000 crores to Rs 80,000 crore for this purpose, notes Tamal Bandyopadhyay.
Some experts opine that green crackers are yet not practical and question government's move to promote them.
Factory growth picked up in May.
Business confidence remained positive in August and was driven by upbeat forecasts of sales, an expected improvement in demand and promotional activities
The GST will also be applicable on the non-compete amount given by an employer to an outgoing employee, report Indivjal Dhasmana and Sudipto Dey.
'Of the 9.5 million unemployed who stopped looking for jobs, nearly seven million were young.' 'Is it possible that the young decided to continue with studies rather than look for jobs?' asks Mahesh Vyas.
The GDP always has a base year, which defines the composition of the economy in that year. As the composition changes, the base year needs to be revised regularly. Abhishek Waghmare explains how that is done.
A reading below 50 means contraction in the sector.
In the Sensex pack, Axis Bank, Tata Motors, Infosys, Kotak Bank, HDFC Bank, RIL, Bajaj Auto, SBI, HUL, Tata Steel, Vedanta, HFDC, TCS, ITC and Sun Pharma jumped up to 4.64 per cent.
A figure above 50 indicates that the sector is expanding, while a figure below that level means contraction.
A reading above 50 represents expansion while one below means contraction.
Protests by central labour unions and widespread criticism from Opposition parties because of job losses on account of demonetisation and the GST have put the contentious labour reform proposals in the slow lane.
Under GST, the small and medium industries would have to handle things on their own, says V S Krishnan.
Regarding employment, the manufacturing sector hiring remained broadly unchanged.
A 15 per cent corporate tax rate for services companies in SEZs, setting up a fund for deep-tech startups and establishing clusters to demonstrate design-to-manufacturing capabilities of tech firms were some of the key demands made by the IT sector at the pre-Budget consultation on Monday. The participants shared their views and suggestions regarding Big Data, incentives for encouraging setting up of data centres, fiscal incentives for data localisation, incentives for pushing digital penetration in rural areas, and corporate guarantee to startups for competing with other nations.
March and April payrolls were revised to show 32,000 more jobs.
The survey noted that advertising campaigns supported the increase in new work growth in the sector amid competitive pressures.
