Concerned by GDP slowdown and unrealistic tax targets, the economists urged Finance Minister Nirmala Sitharaman to implement long-term structural steps like land and labour reforms. Warning against any off-Budget financing the economists said the government should prepare a statement of intent for its social, rural and welfare sector expenditure.
This prompted some reshoring -- the process of returning jobs and manufacturing to the company's home country -- of manufacturing activity, Shen said while insisting this will not become a general trend, state-run China Daily reported.
'That it was the LTTE was known in three weeks's time.'
Particularly hit has been the apparel sector, where the time taken by the industry to adjust to the Goods and Services Tax regime, downward revision of export incentives, and a credit squeeze faced by small and medium scale enterprises, has pushed production downwards.
British Parliament's Petitions Committee will consider a Westminster Hall debate in the House of Commons complex on the issue of farmers protests and press freedom in India after an online petition attracted over 106,000 signatures.
India is currently under the 21-day lockdown since March 25, with only essential services exempted to contain the fast-spreading virus.
Fresh guidelines were issued by the government on Wednesday for enforcing the second phase of the coronavirus lockdown, with the Union home ministry barring all kinds of public transport and prohibiting opening of public places during this period.
With less than three months to go until the start of the Games, work on parts of Rio de Janeiro's Olympic Park and Olympic Village was halted on Monday amid fears for the safety of workers, Brazil's Ministry of Labour and Employment said.
'No linen, blankets and curtains shall be provided inside the train. Passengers are advised to carry their own linen,' an order by the Railways said. The order also said that there would be no provision of 'tatkal' and 'premium tatkal' accommodation and there will be very few stoppages during the journey.
Congress Vice President Rahul Gandhi on Monday accused the Narendra Modi government of going against the interests of fishermen in coastal states.
A total of 15,25,631 tests have been conducted so far across 332 government and 121 private laboratories.
Getting the first tyres out from the Sahaganj plant will still require a lot of effort, but with the state government on its side, the hopes are high.
Union Commerce Minister Nirmala Sitharaman said she will pursue the matter with the finance ministry
During this period, employment increased in almost all sectors except transport, which saw a marginal decline, according to the Labour Bureau, under the labour and employment ministry.
Construction at a tennis arena was stopped while work was partially suspended at the velodrome, the ministry said in a note, citing a "grave and imminent danger to the physical safety of workers."
Gandhi also called upon the government to immediately put money into the hands of the poor and provide a financial package to the industry to help revive the economy.
The government on Wednesday cautioned officers of retirement fund body EPFO against any delay in settlement of claims and updation of account, saying their performances would be closely "watched".
Empowerment of the National Investigation Agency (NIA) with extra territorial jurisdiction and declaration of Maulana Masood Azhar, Hafiz Muhammad Saeed, Zakiur Rehman Lakhvi and Dawood Ibrahim as terrorists after legislative amendment were counted among its achievements by the MHA, headed by Union Home Minister Amit Shah.
Concern is growing among healthcare experts who believe that if people do not follow the lockdown or social distancing seriously, the situation can quickly go out of control.
Indian embassy in Saudi Arabia has issued as many as 92,000 emergency exit certificates by end of the first phase of grace period for those affected by labour law 'Nitaqat', Ambassador to the Kingdom Hamid Ali Rao said on Thursday even as India was in discussion with the country to streamline the visa regime to check fraudulent contractors.
In its recommendations to the finance ministry, the commerce ministry has made a strong case for helping exports, particularly in the labour-intensive sectors like leather, textile and handicrafts.
The correlation between withdrawal of deposits and the Covid death rate is stark, reveals Tamal Bandyopadhyay.
The decision will benefit over nine crore such account holders having total deposit of around Rs 32,000 crore.
Gujarat had lowest unemployment rate in the country last fiscal, while Sikkim had the highest.
The government clarified that the majority of industrial establishments had reported nil production, and cautioned that the numbers should not be compared with those of previous months. "It is not appropriate to compare the IIP of April 2020 with that of earlier months, and users may like to observe the changes in the IIP in the following months," said the ministry of statistics & programme implementation.
These next generation ships can patrol the oceans for three or four months compared to the navy's current patrol boats, which can be at sea for a maximum of 45 days.
Nearly 2 lakh (200,000) engineers and 1.32 lakh (132,000) diploma holders were unemployed in 2007, the ministry of labour and employment told the Lok Sabha on Monday, and said that 15 million jobs would be created in public and private sectors by the end of Eleventh Plan.
Concerned with the continuous downward revision, the EPFO has since last month begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll.
'The handling of the pandemic, under this totally constitutional and legal three-level dictatorship, has begun to show its downside,' observes Shekhar Gupta.
The EPFO started investing in ETFs in August last year after the CBT in March cleared proposal to invest in equity markets.
"NEP has given rise to a healthy debate and the more we discuss and debate the more it will benefit the education department. It is palpable that questions will arise on how this huge plan will be implemented. "We all will together do this implementation. Each one of you is directly involved in implementation of the NEP. In terms of political will, I am totally committed and with you," he said.
All stakeholders in the diamond industry chain from mines to retailers have to follow a system of warranty under which they have to individually declare in the invoices they issue that what they have sold are not conflict diamonds.
Prices have continued to move up in Delhi's markets, wholesale and retail, on supply worries and spoilage due to record cold weather.
'The government is saying that essential commodities are exempted, but on the ground there is no competent officer from the government who can say which is an essential commodity and which is not.'
'It has been a phenomenal effort at all levels of the government.' 'People were working 15-16 hour shifts in the central government, in the state governments, in the districts....'
India's exports are showing signs of improvement as the contraction in outbound shipments in June so far has come down to about 10-12 per cent as compared with 60 per cent in April, Commerce and Industry Minister Piyush Goyal said on Monday. Declining for the third straight month, In "Currently we are about 10-12 per cent down in June. So in a sense, we have reached up to 88-90 per cent of the level of exports that we had in June 2019 in the current month in the first two weeks. I am awaiting the data for third week (of June)," Goyal said at a CII function.
Private firms will have to maintain a minimum net addition to their workforce each month from October this year to June 2021 to get the Employees' Provident Fund subsidy for the new recruits.
Sports Awards could to be delayed: Ministry official
Economists believe the declining trend would continue in the coming months. Average monthly income had gone up to Rs 17,228 in October 2008 probably due to the inclusion of festival bonuses, while it was Rs 16,934 in the previous month, it said.
