The youth have to turn into entrepreneurs if India's massive demographic dividend is to be taken advantage of: Smriti Irani.
It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.
Ramie was used in ancient Egypt and China long before cotton was introduced to the Far East.
FDI inflows into India were $34 billion in 2014, up 22%.
The aim was to skill 1 crore by 2020.
On the Sensex chart, Bajaj Finance, HUL, RIL, ONGC and HDFC emerged as the top gainers.
Prime Minister Narendra Modi on Friday said production linked incentive (PLI) scheme, which is aimed at boosting domestic manufacturing and exports, is expected to increase the country's production by $520 billion in the next five years. Addressing a webinar on PLI scheme, organised by Department of Industry and International Trade (DPIIT) and NITI Aayog, through video conference, Modi said the government is continuously carrying out reforms to boost domestic manufacturing. In this year's Budget, about Rs 2 lakh crore was earmarked for the PLI scheme for the next five years and "there is an expectation that the scheme would result in increasing the production by about $520 billion in the next five years", he said. He added that there is also an expectation that the current workforce in the sectors, which will avail the benefits of the PLI scheme, will be doubled and job creation will also increase.
India's manufacturing sector activity strengthened in December, with manufacturers stepping up production and input buying amid efforts to rebuild their inventories following business closures earlier in the year, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) was at 56.4 in December, a tick higher than November's reading of 56.3 and above the critical 50 threshold for the fifth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
Key macroeconomic indicators suggest softening industrial growth.
'Nobody is talking about the inequality that is going to come.'
FutureBrand, which is a global brand transformation company, said part of Reliance's success could be attributed to Mukesh Ambani's recasting of the firm as a one-stop-shop for Indians.
Trade deficit during the month narrowed to USD 14.54 billion from USD 15.3 billion in January 2020. It was USD 15.44 billion in December 2020.
Import segments which recorded negative growth include gold, silver, transport equipment, coal, fertiliser, machinery and machine tools. However, exports of oil seeds, coffee, rice, tobacco, spices, pharma, and chemicals reported positive growth in June.
Meet Meghana Ramakrishnan, the 5'7" dusky skin model who made her debut at LFW.
A report by parliamentary standing committee on commerce noted that Indian industry was getting decimated by China dumping its cheap products in India.
Suneet Varma discusses his fondness for jewellery, his newly-minted role as a jewellery designer, and why he'd like people to reconsider their love for gold jewellery.
Meet Ruchika Sachdeva of Bodice, who will present the Grand Finale at the FDCI x Lakme Fashion Week 2021.
'Culture is our asset. Culture is our identity.' 'Wherever you go in India, every millimetre can be measured with culture.' 'There is so much to see that even one life is not enough.'
These core industries comprise 40.27 per cent of the weight of items included in the Index of Industrial Production.
'I did not bother to collect my diploma certificate because the course was a waste of time and more or less useless. It would be instructive for me to describe it because manufacturing is seen as the way out for India's great unemployment problem. It is? I do not think so,' says Aakar Patel.
Neerja Palisetty's Sutrakaar Creations combines paper with post-consumer waste to promote fair trade, craft empowerment, zero-waste, and ethical fashion.
In 50 days, 60% of the work force was let off in retail, agri, textile and other sectors.
Employees of some top Indian companies were in for a pleasant surprise when they received a mail from their HR team announcing a hike in salaries and bonuses. Led by IT firms and start-ups, HR managers say that while some have offered cash and stock options, others are in a wait-and-watch mode and add the trend will pick up in other sectors. For example, IT giant Cognizant - which had an attrition rate of 19 per cent in the December quarter - has established a $30-million employee retention fund in order to bring down the high attrition rate.
Besides low interest rates, a reduction in active Covid cases and strong high-frequency macro data have lifted the sentiment of both corporate India and the stock markets.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The exporters are optimistic that the industry will grow by 8-10 per cent and it can improve further if the government helps the industry.
A good monsoon could rein in food inflation. Largely good corporate results mean better days are ahead. Nifty may reach record levels, points out Devangshu Datta.
Barring rice, spices, iron ore and pharmaceuticals, all the remaining 26 key sectors registered negative growth in May. Imports too plunged 51 per cent to $22.2 billion in May.
'In the process, I hope that our Earth will be able to heal some more.'
After Nasim Zaidi retired as Chief Election Commissioner in July, there was a vacancy in the poll panel.
'India's future: To manufacture so efficiently that we do not need protection,' says Naushad Forbes.
Almost all recent labour strikes were declared illegal by the labour department of Gujarat.
'With this amendment, permanent employees will cease to exist.' 'The government should give a human touch and human face to labour reforms.' 'Ideas like survival of the fittest, might is right, etc, are rules of the jungle.' 'They cannot give new terms like hire and fire to jungle law.'
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
Top companies across sectors -- automobile maker Maruti Suzuki, consumer electronics giant Samsung to IT giant Infosys -- have reopened factories and offices as India took its first steps towards resuming economic activity after weeks under a near-total coronavirus lockdown.
Ludhiana's hosiery industry is all set for a global expansion with its products attracting French buyers who prefer Indian products than Chinese for sourcing directly to their country.
The Congress won 77 seats or 42% of seats in the 2017 polls. How then can Gujarat be called a BJP bastion, asks Sanjeev Nayyar.
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