Interestingly, in his entire remarks, Modi never once mentioned regional security, Ambassador M K Bhadrakumar points out.
Jharkhand and Andhra Pradesh use celebrity endorsers and social media campaigns to brand their state and court big business to eventually bring about job creation. Can they deliver on their promises?
New job creation dropped by over 40 per cent in 2008-09, with 469 companies studied having recruited 1,35,987 employees during the year under review, compared to 2,28,968 in the 2007-08.
Perhaps, the most misunderstood aspect is the role of the state.
The minister further said another industry chamber Federation of Indian Chambers of Commerce and Industry too had contradicted the Assocham study, which had said that in the next 10 days or so about 25 to 30 per cent employees are likely to lose jobs in seven sectors including aviation, information technology, steel, financial services, real estate, cement and construction.
Retail, logistic, educational services and fast moving consumer goods and durables alone will add around 1.66 lakh, 1.49 lakh, 1.17 lakh and 1.10 lakh jobs respectively.
PMI went up from 51.2 points in May to 53.1 in June. Owing to the June figure, PMI for manufacturing stood at 51.9 points in the first quarter of 2018-19 against 51.8 points in the fourth quarter of 2017-18.
The online auction house had expected the item to be sold for $8,000 (Rs 5.2 lakh).
Single-brand retailers are also allowed to take e-commerce route for such trading.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
If you looked back at 2018 and had to give it a name, the Year of Limitations might be the most accurate.
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.
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.
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.
On the other hand, jobs increased for the 10th straight month in the manufacturing sector, albeit only slightly
Moody's Investors Service on Friday projected India's growth at zero per cent for the current fiscal and said the negative outlook on sovereign rating reflects increasing risks that GDP growth will remain significantly lower than in the past. The outlook also partly shows weaker policy effectiveness to address economic and institutional issues, it noted in the update to its November 2019 rating forecast.
'The credit for managing Trump should go to Modi.' 'Biden is a predictable and rational person with plenty of administrative experience,' notes Ambassador T P Sreenivasan.
Prospects are grim for many, as humans and organisations aren't keeping up with the pace of technology. Shyamal Majumdar ponders the future of employment.
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
'They are geopolitical, commercial, educational, cultural and about innovation.' 'Also, they are about a common value system.'
Job opportunities across the country grew at an estimated rate of 2.62 per cent every year, the latest quinquennial (once every five years) analysis by the National Sample Survey Organisation (NSSO) showed. The growth of unemployed, at 5.42 per cent per annum, outnumbered the rate of job creation during the survey period between 1999-2000 and 2004-05. Unemployment rate was found to be maximum in qualified graduates in rural and urban parts of the country.
Maharashtra Chief Minister Vilasrao Deshmukh emphasised on Thursday job creation potential of foreign investors operating their plants in the state saying his government was equally concerned with employment aspect just as the volume of investment.
He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
The broader NSE Nifty rose nearly 124 points to settle just below the psychological 11,000 level.
The Prime Minister's Office has decided to set up a panel, led by former chief statistician T C A Anant, to deliberate on whether the enterprise-level quarterly data, which is released by the labour bureau, should be discontinued.
Giving major relief to budding entrepreneurs, the government on Thursday allowed startups to avail tax concession only if total investment including funding from angel investors does not exceed Rs 10 crore.
The payroll estimates, released by the EPFO based on its enrolment, threw up some contrasting trend between September 2017 and February 2018.
The NDA government will be following the footsteps of its predecessor, the UPA, which had introduced the concept of "loan mela" to boost credit by directing banks to lend to people through public meetings.
One of Apple's suppliers, Salcomp, will invest Rs 2,000 crore over the next five years to make components at a Nokia plant in Chennai. The facility, which has been closed for nearly 10 years, will be revived and made operational from March 2020.
Stalin owes his victory this time, like in 2019, to the hate-campaign of the local Hindutva forces, which kept haranguing him, and even his dead father, notes N Sathiya Moorthy.
It will not be to India's advantage to create misperceptions that it is bandwagoning with some Anglo-American project for regime change in Myanmar, argues Ambassador M K Bhadrakumar.
The chief beneficiary of the cycle of interest rate cuts and liquidity injections will be emerging markets, specifically Asia.
The trend holds true globally as well, but with lower levels of inequality among the sexes, where on average, hourly wages of women are 16 per cent less than those of men.
'In India, the impact will be less than 1% of employee headcount.'
Creation of 115 million non-farm jobs over next decade critical to sustaining growth, says McKinsey
Indian-American Ghazala Hashmi, a former community college professor, created history by becoming the first Muslim woman to be elected to the Virginia State Senate.
As India emerges from the COVID-19 crisis, the ninth budget under the Modi government, including an interim one, is widely expected to focus on boosting spending on job creation and rural development, generous allocations for development schemes, putting more money in the hands of the average taxpayer and easing rules to attract foreign investments.
'If the Indian economy formalises, industrialises, urbanises and develops human capital, 10 lakh youngsters will join the labour force every month in the next 10 years.' 'It's not a bulb that will go off; it is a sunrise.'
The government seemed unhappy with Raghuram Rajan's interest rate policy.