The headline seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell to a two-year low of 50.6 in October from 51.4 in September.
With the economy gaining pace and large deals back on the table, chief executive officers (CEOs) of tech companies believe global tech spending will witness growth this year. According to CEO Survey by Nasscom, about 71 per cent chief executives expect global spend to grow over 4 per cent. The figure is significantly higher than the previous two years - 41 per cent and 59 per cent in 2019 and 2020, respectively. The survey also said the recovery in global tech spending will be led by the digital segment.
At least 2,441 people have been arrested in the state till Monday in the continuing operation against child marriage, launched on February 3.
Per capita income in the state has consistently been below the national average for at least 24 years. However, it has narrowed the gap with the all-India level in recent years.
A survey conducted by MyTeam11, which involved 10,000 people, found that people foresee sport returning soon but sporting venues will continue to be empty for a long time.
The state's economic health is in focus as it has consistently breached the fiscal deficit in eight of the last 10 years since Telangana's formation.
The survey found that 76 per cent of employees whose current workplace does not offer remote work options would consider switching to a job that offered more flexibility, while 42 per cent said they have already searched for such job options.
Generative AI (GenAI) has the potential to add a cumulative $1.2-1.5 trillion to India's GDP over the next seven years, according to a report by EY. The report titled 'AIdea of India: Generative AI's potential to accelerate India's digital transformation' says that in 2029-30 alone, GenAI can contribute an additional $359-438 billion to India's GDP. The report said that around 69 per cent of the overall impact of GenAI on India's GDP is expected to be derived from sectors such as business services (including IT, legal, consulting, rental of machinery and equipment, and others), financial services, education, retail, and healthcare.
'Sweden removed the inheritance tax because many of the rich were fleeing. For example, the owner of IKEA had migrated out of Sweden'
One of those infected with the virus was a nine-year-old boy.
Employment in India saw a V-shaped recovery after being adversely impacted between April and June 2020 during the Covid lockdown and during April-June 2021, when the second wave struck, said Krishnamurthy V Subramanian, former chief economic advisor, in a paper released on Friday. Subramanian is now serving as executive director of the International Monetary Fund (IMF). From the official survey data of the National Sample Survey Organisation (NSSO), the paper titled 'Employment in India: Data Sources, Facts, and Trends' showed that both worker-population ratio (WPR) and labour force participation rate (LFPR) were higher, while the unemployment rate was lower during October-December 2022 when compared to the corresponding quarter in 2019.
A prominent Indian diaspora body has urged various agencies of the US government, universities and student associations to work towards addressing the spike in the deaths of Indian-origin students in the US in recent months.
The point made by sociologist M N Srinivas, that it represented a Sanskritic act that was linked to caste, is never raised in Indian debates and the disapproval of drink is almost universal, notes Aakar Patel.
rediffGURU Anu Krishna explains how you can improve your mental health by seeking professional help.
The top driver for the Indian workforce while choosing an employer are salary and employee benefits, followed by work-life balance and job security.
A timely phone call to Childline by a 15-year-old girl from a remote village in West Bengal's Purulia district helped the teenager prevent her marriage.
... if high oil prices persist or stock prices correct sharply.
According to the latest report from Stranded Workers Action Network (SWAN), a voluntary effort started in March 2020 to mobilise relief for stranded migrant workers, almost 92 per cent workers, whom the group contacted between April 21 and May 31, had not received any money from their employer. This was after restrictions were imposed and work had stopped. The survey, which was conducted among 1,396 worker groups, adding up to 8,023 people that included 4,836 women and children, showed that 76 per cent of the workers had less than Rs 200 left with them.
'From our survey we found that there was a problem in the agricultural sector and drones could solve the problem.'
Equity benchmark indices Sensex and Nifty hit their all-time high levels on Friday helped by impressive GDP data and fresh foreign fund inflows. Also, a rally in global markets added to the positive momentum in the equity markets. The 30-share BSE Sensex jumped 1,139.04 points to 73,639.34 -- its all-time peak -- in the late afternoon trade.
As per the fifth round of the NFHS, there are 1,020 women for every 1,000 men.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
Contrary to popular perception, health insurance is rarely expensive and claims are usually paid by the insurers.
The Economic Survey 2009-10 on Thursday made out a strong case for liberalising foreign direct investment policies for health insurance, rural banking and higher education, stating FDI can boost trade in services.
The Israel Defence Forces carried out two 'brigade-level' raids in the West Bank's Jenin refugee camp and Balata refugee camp on Sunday and detained suspects and seized weapons.
A bench of Justices D Y Chandrachud and M R Shah took serious note of Maharashtra government's shifting patients lodged in mental health institutes to homes for beggars and asked it to discontinue the practice immediately saying it is counter-productive and runs against the provisions of Mental Health Act.
Uttar Pradesh Chief Minister Yogi Adityanath appeared to make a pitch in the assembly for a temple where a mosque stands now in Mathura, saying that Krishna Kanhaiya wouldn't have it any other way.
The step has been taken in view of the high density of population in Mumbai where there is more possibility of spread of the disease compared to other districts.
Kerala is likely to witness all-time high liquor sales this Onam, the harvest festival, with the season already reporting a 30 per cent hike. According to the Kerala State Beverages Corporation (BevCo), the first few days of this Onam season have set the tone for record sales. "During last year's Onam season, our sales were around Rs 561 crore. This year, we expect it to be over Rs 700 crore," said Yogesh Gupta, chairman and managing director, BevCo.
'Parents, students and coaching institutes will find alternatives to cater to the demand.'
A prolonged break in monsoon rains in most parts of the country is threatening to hit the yield of kharif crops. It could even delay the upcoming rabi sowing. Major agricultural states, such as Maharashtra, Madhya Pradesh, Andhra Pradesh, Punjab, and Gujarat, have witnessed a deficit of 30-80 per cent in southwest monsoon rainfall in August compared to the long-period average for the month. Meteorologists see no big revival in monsoon rains from hereon, though they forecast "some activity" over the Bay of Bengal on September 5-6.
Under the NSA, people can be detained without a charge for up to 12 months if the authorities are satisfied that the person is a threat to the national security or law and order.
'Seek medical help if after five days of the first symptom the fever has not subsided.'
According to a study by Towers Watson, three quarter of companies surveyed said employees health and promoting health and well-being will be a priority for their organisations this year and next.
What tastes better with dahi-rice, dal-chawal or puris than the season's newly-made home pickle?
The Assam cabinet on Monday decided to book men who marry girls below 14 years in the state under the Protection of Children from Sexual Offences (POCSO) Act, Chief Minister Himanta Biswa Sarma said.
The bulk of an investor's portfolio should be in shorter-duration funds of up to one year portfolio duration.
No fresh Nipah positive cases were reported in the state since September 16 with 218 samples of persons who were in the high-risk contact list turning up negative for the virus till date, the Kerala government said on Monday.
The government on Friday approved an electric-vehicle policy, under which duty concessions will be given to companies setting up manufacturing units in the country with a minimum investment of $500 million, a move aimed at attracting major global players like US-based Tesla. According to an official statement, the companies setting up manufacturing facilities for e-vehicles will be allowed to import a limited number of cars at lower customs duty. The policy seeks to promote India as a manufacturing destination for EVs and attract investment from reputed global EV manufacturers, it added.
The survey will benefit a population of at least 35,000, mainly tribals, to get patta (title deed) for the land they were possessing.
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