'The package will help in realising the true potential of employment generation in the textile and apparel sector.'
With the two members quitting, the NSC now has only two members -- Chief Statistician Pravin Srivastava and NITI Aayog CEO Amitabh Kant.
The index, based on a survey of 500 companies, rose to 57.2 in October from 55.1 in the previous month and 57.2 in August. October was the 19th consecutive month in which the index has risen.
'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
It said the Congress will infuse new blood in leadership roles without creating new fault lines and cementing its ideological moorings.
Minister of state for communications and IT, Sachin Pilot said the IT and ITES industry has been a large generator of employment with about 2.2 million professionals directly employed by the industry, while indirect job creation is estimated at around eight million.
'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'
New risks have been identified, which include risk of non-compliance, business investment risk and legal regulatory risk.
Capital gains exemption limit and a steep reduction in the highest surcharge will empower the masses with enhanced liquidity flow that can be invested in real estate, points out Dhaval Ajmera.
The organised sector in India has created 739,064 jobs between January and September 2010 and 394,700 more jobs are estimated to be added in the current quarter, according to MaFoi Randstad Employment Trends Survey (METS), an HR services company.
The Karnataka Congress is a "united house" and it will fight the assembly polls next year on its own under a "collective leadership", party's state unit chief DK Shivakumar said on Thursday.
The quantum of job loss witnessed in the private sector was made good by creation of more jobs in the public sector.
Tamil Nadu secured investments worth Rs 1.44 trillion on Monday by signing of memoranda of understanding (MoU) with 60 companies, laying of foundation stones and inauguration of new projects.
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.
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.
Per capita income has more than doubled to Rs 1.97 lakh in around nine years. Indian economy has increased in size from being 10th to 5th largest in the world in the past nine years. Seven priorities of the Budget, 'Saptarishi', are inclusive development, reaching the last mile, infrastructure and investment, unleashing the potential, green growth, youth power and financial sector.
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.
Johnson's first visit to India as United Kingdom prime minister will begin on April 21 with a trip to Ahmedabad in Gujarat, which is Prime Minister Modi's home state.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
Growth under NDA has been reasonable, inflation, exports and job creation are problem areas
The party president said the manifesto was the 'voice of the people of Karnataka'.
Tech giant Microsoft will set up its largest and fourth data centre in India at Hyderabad with an investment outlay of over Rs 15,000 crore over a period of 15 years. "I am very happy to say today that Hyderabad will be the destination for Microsoft's largest Data Centre investment in India with an investment of over Rs 15,000 crore over a period of 15 years. "This will be one of the largest FDIs that Telangana has attracted," Telangana Minister for IT and Industries KT Rama Rao on Monday said at an event marking the announcement of Microsoft's latest data centre region in Hyderabad.
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.
'Our objective is to reach a localisation rate of 50% in the span of five years.'
The Budget should use the extra RBI surplus to better effect, suggests A K Bhattacharya.
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.
Government will lay greater emphasis on social sectors, finance minister said.
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.
'If the Union Budget can provide incentives for animal spirits to come as well as induce demand stimulus and consumption, the Budget would have done a wonderful job.'
The chief beneficiary of the cycle of interest rate cuts and liquidity injections will be emerging markets, specifically Asia.
He did not specify which executive actions Trump will repeal.
'Hindutva will not win any elections. Hindutva as a political plank never works.'
Ahead of the Union Budget for 2023-24, Budget makers have welcomed the global consensus view that India will remain one of the bright spots in calendar year 2023. But there is some alarm over the grim global situation and how that might impact the Centre's projections and assessments for next financial year. The big global headwinds include a deep and sustained recession in the West, including India's biggest trading partners in North America and Europe, continuing volatility in commodity markets, and renewed Covid-19 fears, as lifting of strict curbs by China could potentially lead to a massive spread again.
Veteran banker K V Kamath on Friday said it is "time to be brave" for the government, and it should stretch the fiscal deficit target set in the budget if need be, to push growth. He said benign interest rates of under 8 per cent and abundant liquidity are also necessary to seize what he called as a 25-year growth runway opportunity awaiting the country. The government has targeted to get the fiscal deficit at 6.8 per cent for FY22 in the Budget presented early this year.
For the Stalin government to win back the confidence of voters ahead of the Lok Sabha polls, post-flooding restoration works, their speed and efficacy would be closely watched, and not just by the political Opposition, notes N Sathiya Moorthy.
Finance Minister Nirmala Sitharaman will kick start the customary pre-Budget consultation exercise with stakeholders from Wednesday by holding the first such meeting with experts of agriculture and agro-processing industry. She will be seeking inputs from various stakeholders, including industry bodies, farmer organisations and economists for reviving consumption and boosting growth hit by the COVID-19 pandemic. The growth this year is expected to be in the double-digit during the current fiscal.
The Congress on Monday strongly criticised the Union budget, saying Finance Minister Nirmala Sitharaman's speech was oblivious to the declining GDP and the budget was a case of "wrong diagnosis and prescription".
