Growth under NDA has been reasonable, inflation, exports and job creation are problem areas
Overall global employment is expected to increase by around 40 million in 2008 and unemployment by 5 million. Not only is there low impact of growth on job creation, but also concern that ongoing growth does not have substantial impact to reduce poverty, especially in the poor regions of the world. Reducing unemployment and working poverty through creation of jobs should be viewed as a precondition for sustained economic growth.
Tata Steel was the top gainer in the Sensex pack, rallying 5.14 per cent, followed by Bharti Airtel, HDFC, TCS, L&T, SBI and Reliance Industries.
The loans, under two separate schemes for seven poorest states and seven middle-income states, will benefit the poor as the funds will be utilized to put infrastructure development on the fast track leading to job-creation and stability.
For that to happen, Moitra's much followed speeches should be heard outside Parliament so that the PR spins of the ruling dispensation are countered with informed debate, argues Shyam G Menon.
S&P Dow Jones Indices on Tuesday said it will remove Adani Ports and Special Economic Zone from its sustainability index following reports of its business ties with Myanmar's military that has been accused of human rights violations after a coup. The Adani Group firm is building a $290 million port in Yangon. In a statement, S&P Dow Jones Indices said: "Adani Ports and Special Economic Zone will be removed from the Dow Jones Sustainability Indices following a media and stakeholder analysis triggered by recent news events pointing to heightened risks to the company regarding their commercial relationship with Myanmar's military, who are alleged to have committed serious human rights abuses under international law."
Government will lay greater emphasis on social sectors, finance minister said.
India should welcome the initiative that Mr Obama has taken to attack the tax havens (for they are his real target, not Bangalore), and see what New Delhi can do -- about Mauritius and others.
'We are called artists, just like the film people and dancers and actors. But there's a very little value to what we do as artists.'
The Bharatiya Janata Party in Gujarat is hoping to make a clean sweep in the Dalit and tribal-dominated Sabarkantha district comprising four Assembly constituencies even as unemployment has become a major issue that the ruling party hopes to negate with Hindutva and Prime Minister Narendra Modi's charisma.
Dismayed by the BJP's decision to say no to FDI in multi-brand retail in its election manifesto, India Inc has urged the party to reconsider its stand, saying the move may send a wrong signal to overseas investors.
He did not specify which executive actions Trump will repeal.
'The inflection point that really happened in the sector was during the pandemic when buyers' perception changed towards consumption and that gave a trigger to pent-up demand with the increased affordability.'
In the recent past, Adityanath and the RSS seem to have come closer. The warmth is more on the part of the RSS. And even now, not all requests from the RSS are accommodated by the UP government, points out Aditi Phadnis.
Asia's richest man Gautam Adani, besides looking at opportunities to expand his vast empire, is hooked on ChatGPT - the programme that trawls vast amount of information to generate natural-sounding text on virtually anything - from crafting jokes to writing ad copy, debugging computer code, to even generating poems and essays. Adani, whose conglomerate has in recent years diversified from mines, ports and power plants into airports, data centres and defence, penned musing from his visit to Davos to attend the World Economic Forum meeting. "From a meetings perspective, this was perhaps my busiest WEF as I met over a dozen heads of states and several business leaders," he wrote on LinkedIn, talking of new geopolitical couplings, climate change and tight-lipped evangelists and AI.
The chief beneficiary of the cycle of interest rate cuts and liquidity injections will be emerging markets, specifically Asia.
Pointing to farmer suicides and unemployment in the country, he said the last three years were a 'betrayal' of the mandate.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
The National Recruitment Agency will prove to be a boon for crores of youngsters, the PM said.
Addressing the 'parivartan sankalp rally' in Ahmedabad, Gandhi made a host of promises to people of Gujarat, where the assembly polls are due later this year, including creation of 10 lakh new jobs, building 3,000 English medium schools and free education to girls.
Perhaps, the most misunderstood aspect is the role of the state.
Commerce and Industry Minister Kamal Nath has announced the annual supplement to the Foreign Trade Policy.
The Indian startup ecosystem has lauded the inclusion of startups in the New Delhi Leaders' Declaration for the first time ever in the history of G20. Industry stakeholders say that the move will lead to easier access to capital, reduce regulatory hurdles, and may revive funding activity. The Declaration, through the Startup20 initiative, recognised startups as "natural engines of growth" and key to socio-economic transformation by driving innovation and creating employment.
Ace Indian off-spinner Ravichandran Ashwin is now in a wave of a storm for what appeared to be criticising the government of Tamil Nadu.
Seeking to enhance green mobility, the Union Cabinet on Wednesday approved the 'PM-eBus Sewa' scheme under which 10,000 electric buses will be provided to 169 cities under the public-private partnership (PPP) model.
If this turns into reality, India's gross domestic product (GDP) growth will be the lowest since 2012-13, which could severely hit job creation and income growth in the near term.
American CEOs expected to meet Modi on Sunday include Apple's Tim Cook, Walmart's Doug McMillon, Caterpillar's Jim Umpleby, Google's Sundar Pichai and Microsoft's Satya Nadella.
The Gorakhpur-based Gita Press, which is the world's largest publisher of Hindu religious texts, has declined the Rs 1 crore cash award for the Gandhi Peace Prize amid a political row over its selection for the prestigious honour.
These skills will give you an edge over the competition.
Arnie's back, Varun shape shifts while others fight the good fight and more on OTT this week.
While welcoming Prime Minister Narendra Modi's announcement on Saturday to celebrate January 16 as National Start-up Day, six years after the Start-up India Action Plan was launched by the government, stakeholders in the ecosystem say that more needs to be done at the policy level to unleash the next phase of growth in the sector. "The Start-up India programme's launch in 2016 was a turning point - that is when the promoter came to be known as the founder in the country and the word 'entrepreneur' entered the common lexicon. "But now we need a Start-up India 2.0 now for the next phase of growth of the ecosystem", said Siddarth Pai, managing partner of venture capital (VC) firm 3one4 Capital. Pai says that Startup India 2.0 must look at promoting Startups headquartered in tier II,III & IV cities and solving the problems of Bharat.
Goyal also announced hiking of tax free gratuity to Rs 30 lakh from existing Rs 20 lakh for employees having service of more than five years.
'You will really wish oh! Had I stayed in Dharavi I would have got a nice house. I can assure you that. We will make dreams come true.'
Obama said he has just two years left in office.
The Union government is likely to come out with a liberalised foreign direct investment policy in a bid to make foreign investment an engine of growth and create large-scale employment.
Senior bureaucrats say the government has planned a 'feel-good' Budget after the 'pain' of demonetisation.
'The BJP's real weapons are Hindutva, organisation and finance.'
Uday Kotak has resigned as the managing director and chief executive officer of Kotak Mahindra Bank, the bank said in a stock exchange filing on Saturday.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances