A group comprising top tech startups and unicorns has raised several "serious concerns" over a platform-based gig workers Bill proposed by the Karnataka government, saying it would hurt the ease of doing business. They told the state government the Bill in its current form would hamper operations and increase regulatory and compliance burden on the nascent gig and startup economy, according to sources.
India's exports fell for the fourth straight month in June as shipments of key segments like petroleum and textiles declined but the country's trade turned surplus for the first time in 18 years as imports dropped by a steeper 47.59 per cent.
Rediff.com's data journalists have visualised the National Sample Survey Office (NSS 68th round, July 2011-June 2012) data into a interactive map.
All the global transitions are working in India's favour, giving it the potential to become a force in today's uncertain world, but one of the country's biggest challenges is inclusive growth, Tata Sons chairman N Chandrasekaran said on Monday. In his address at the JRD Tata Oration, the head of the Tata group also asserted that Artificial Intelligence (AI) is here to stay and it will be beneficial if India prepares for it. Post the cold war era of relative stability and prosperity, the world appears to have given way to unpredictable conflicts and economic uncertainty, he said, adding that the pandemic resulted in supply chain shocks of gigantic proportion.
In a poor village of daily wage earners in Siwan, Bihar, people speak about their hard lives and why they vote.
'A campaign that goes beyond caste, creed and religion.' 'This is a campaign that aims to end hunger in society'
'The noise that we are hearing is because the five big IT players are not hiring significantly.'
There is a Trade Union Act and the Industrial Disputes Act but they are not being used in the interest of the workers.
Despite declining by three percentage points in 2022-23 (FY23) compared to FY19, Odisha's unemployment rate remains higher than the average in India.
India on Saturday favoured greater mobility of skilled labour
The norms, say industry experts, are not sufficient to weed out fly-by-night contractors.
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
The generation of quality jobs and skill development should be the focal point, cutting across ministries and departments, asserts Nivedita Mookerji.
India's merchandise exports rose by 9.1 per cent to $38.13 billion in May even as the trade deficit widened to a seven-month high of $23.78 billion during the month, according to government data. Healthy growth in sectors, such as engineering, electronics, pharmaceuticals, textiles and plastics helped register growth in exports despite global economic uncertainties.
The common and mobile pool of skilled labour in India, created by the reforms process, would be drawn to fast growing states and reduce the profitability of labour-intensive manufacturing, widening the incomes and other disparities.
As India's current predicament shows, wages matter -- but skilled workers matter more.\n
India will drive growth in the Asia-Pacific (Apac) region as the growth engine is likely to shift from China to South and Southeast Asia in the coming years, S&P Global Ratings said in a report on Tuesday. The rating agency's report projected China's growth to slow down to 4.6 per cent by 2026 from an estimated 5.4 per cent in 2023. India is likely to clock 7 per cent economic growth from 6.4 per cent estimated for 2023.
Samajwadi Party candidate Afzal Ansari is the incumbent MP and slain don Mukhtar Ansari's elder brother. Afzal had won the 2019 election on a BSP ticket after defeating the BJP's Manoj Sinha, now the J&K lieutenant governor.
After assuming power in 2014 with a full majority of its own, the BJP-led NDA government started an ambitious process of reforming labour laws in the form of codes aimed at making the framework less cumbersome with a variety of alterations. It had planned four codes each for industrial relations, wages, social security and welfare, and occupational safety, health and working conditions. To this end, 35 central labour laws were to be converted into four codes that would have had the virtue of streamlining labour relations. But none of the proposed code Bills could be converted into a law principally because neither trade unions nor industry representatives came on board. They hold the key to India's low-growth-high unemployment paradigm but the government may struggle to push them through this time as well. Somesh Jha explains why
China's advantage in cheap labour will disappear in a decade with countries like India and Bangladesh emerging as less expensive manufacturing bases, media reports said in Beijing.
'The Budget needs to focus more on social welfare schemes.'
During an Abu Dhabi meeting on labour export in January, Bahrain Labour Minister Majeed Al Alawi had met Indian Minister for Overseas Indian Affairs Vyalar Ravi, who had called on Bahrain to sign the MoU as other Gulf nations, including the UAE, had inked similar agreements. India was this month forced to put on hold a proposed measure which disallowed its unskilled workers to leave for Bahrain unless they had contracts from employers.
An ILO study shows child labour has declined for girls from households that had taken up the work guarantee programme.
'We are sure FY25 is going to be better...But to call out that all problems are behind us is a bit early.' 'The underlying business sentiment has not changed significantly.'
'The youth is stressed and students are depressed.'
American trainers and technical know-how will be provided to India to assist in these areas.
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