'One of the biggest issues the Indian economy faces right now is of job creation...' 'The nexus between growth and employment has to be closed...' 'In the absence of a manufacturing expansion, the alternative is to have the service sector as the driver of both GDP as well as employment growth.'
Obama is soon expected to sign the bill that was also passed by the House of Representatives.
United States President Barack Obama on Tuesday vowed to focus on job creation and faster economic growth as the US senate passed the debt ceiling bill to avert a major economic crisis at the last moment.
Economic Affairs secretary S C Garg said inflation has consistently come down since 2014 and will not cross 4 per cent this fiscal.
Indian auto industry's dependence on China is high and it will continue to be so in the BS-VI era and as the country moves towards electric mobility. Domestic players lack both technological competence and the sheer pricing advantage that support Chinese imports.
He also accused her of nepotism by choosing to play the limited role of "bua" (aunt) to her "bhatija" (nephew) instead of becoming "Didi" (elder sister) to the people.
Further stimulus measures are expected in the upcoming Budget where the focus is likely to be on reforms, including some structural measures such as reducing red tape and boosting foreign direct investment. The meeting with industrialists is in the series of discussions that Modi has had during the last couple of weeks to seek suggestions to revive growth.
Invoking the imagery of Goddess Sita and her father Janaka, the king of Mithila of which this north Bihar town became the capital later on, Modi said those who used to taunt the BJP over the delay in construction of Ram temple were now forced to applause.
India Inc's hiring activity witnessed a marginal decline in the month of April, owing to the ongoing appraisal season, but overall industries are upbeat about their hiring sentiment and 2011 is expected to be a landmark year for job creation, job portal Naukri.Com says.
The biggest worry is not the shrinking of the labour market, but the collapse of good jobs.
The lawsuit seeks to overturn these sweeping and unlawful immigration restrictions that are an unequivocal not welcome sign to the engineers, executives, IT experts, doctors, nurses, and other critical workers who help drive the American economy.
While the Framework would support small and medium enterprises in exploring new business opportunities, the US-India Financial and Economic Partnership would deal with economic, financial and investment-related issues.
India on Tuesday asked US investors to participate in its $600-billion infrastructure programme in the next five years, even as America sought greater financial cooperation for bringing about global economic stability.
Phantom FDI refers to investments that pass through shell companies that have no real business activities and are tailor-made to cut tax liabilities.
Rajeev Motwani, Google mentor and Stanford Professor who died early this year has been selected for the first PAN IIT Lifetime Achievement Award, while, Pradeep Khosla, Dean of the prestigious Carnegie Mellon University has been chosen for the Academic Excellence Award.
'The promises of netas and babus and new laws, however well-meaning, mean little.' 'What matters is implementation on the ground.' 'Every law is finally implemented by a vast army of offici
"Rather than putting pressure on the businesspeople of the Manufacturing Council & Strategy & Policy Forum, I am ending both. Thank you all!" Trump said in a tweet.
This is the ninth consecutive month that the manufacturing PMI remained above the 50-point-mark.
Financial services firm Goldman Sachs has started a $500-million initiative to support small businesses across the United States, with legendary investor Warren Buffett as an adviser.
'The package will help in realising the true potential of employment generation in the textile and apparel sector.'
The first dimension of this vision will be to build physical as well as social infrastructure for a $10-trillion economy and to provide ease of living: Goyal.
'There is good indication that the economy is bouncing back, but the problem is, we should look at the eight quarters preceding March 2020.' 'The growth had fallen below 3.1% before March 2020.' 'So, the governments must realise that even if you transform the best of green shoots into banyan trees, you see only 3.1% growth.'
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.
Backed by technology banks are expanding the branch network - and adding more to the workforce.
'If there is anyone who is a victim of vendetta politics, it is me.'
The government has found about 900,000 beneficiaries of its flagship job formalisation scheme, the PMRPY, were ineligible in the first place as they were part of the formal economy even before the inception of the scheme. The EPFO has also recovered Rs 222 crore so far from the employers concerned.
"The need of the hour is to go back to the man-centred economics, the village-centred approach that forms the core of the Gandhian philosophy. This means following the Gandhian ethic based on simplicity, self-sufficiency and self-reliance to be achieved through gram rajya, sarvodaya and satyagraha, which has ahimsa as its core," Professor Veena Sikri, former Indian high commissioner to Malaysia and Bangladesh, said in a lecture organised by the Mahatma Gandhi Centre.
Hiring prospects in the hospitality sector look bright as a large number of employers are expected to increase their workforce considerably in the coming months, global staffing services firm Manpower says.
The Congress's revival plan says it needs to bring back into its fold Hindus repelled by the Sangh Parivar, take its message to youth and women and sections upset at curbs on their personal freedoms.
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.
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.
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.
The youth were demanding right to quality education, provision of trained interpreters for deaf students and preventing fraudulent distribution of disability certificates to able-bodied individuals among others.
The Survey adopts an unfettered approach in thinking about the appropriate economic model for India. This endeavour is reflected in the sky blue cover of the Survey, Chief Economic Adviser Krishnamurthy V Subramanian said.
One of the other key takeaways of the manifesto is setting up a separate maintenance department for the national and state highways, where repairs and other works are currently done by the road construction contractors.
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
India has been maintaining that China has no locus standi in commenting on Jammu and Kashmir.
The country will need policies with focus on unorganised sectors, employing 94-98 per cent of the workforce, the National Commission for Enterprises in the Unorganised Sector said in its report submitted to Prime Minister Dr Manmohan Singh on Thursday. It said without changing basic policies "we shall have to wait till about 2017 for a near full-employment situation, only if our economy grows at 9 per cent (on) average.
Founded in 2015, Meesho is one of the country's fastest growing social commerce platforms, and provides small and independent entrepreneurs with products and tools to start, maintain, and grow their businesses. Facebook's interest in the digital commerce follows Reliance Industries' entry into the hybrid e-commerce ecosystem.
"It is an honour to be among the select few invited here today to speak to President Obama about the opportunity for organisations to grow and profit while optimising natural resources consumption and minimising environmental impact," said Amit Chatterjee, CEO and founder of Hara Software. Hara builds software that allows companies to track their use of natural resources and their carbon emissions.
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