In a Q&A, S N Subrahmanyan, MD and CEO of the engineering group says he expects govt and public sector capex to be lower by Rs 3-4 trillion this year
If the government is serious about standing with the migrant workers, then it cannot leave them to the vagaries of unequal negotiations with employers.
The unemployment rate in 2017-18 had risen to 6.1%, compared to 2.2% in 2011-12, according to the results of the Periodic Labour Force Survey released by the National Statistical Office.
India's infrastructure output, contributing nearly 40 per cent in industrial production, contracted 38.1 per cent in April
Salary and wage bill for manufacturers was down around 1% YoY in Jan-Mar
Coronavirus has snuffed out lives of more than 2,100 people and infected nearly 63,000 in India
Today, a total of six companies, including YES Bank and Kansai Nerolac Paints, are set to declare their quarterly numbers
Here's a selection of Business Standard opinion pieces of the day
The economic impact of this lockdown by design is evidently huge. Its impact on the livelihood of vulnerable sections of society is immeasurably bigger
Labour statistics for March 2020 are worrisome. And those for the past two weeks are much worse
New risk in the form of the Covid-19 virus only adds to the economic cholesterol that India has accumulated over the past few years
Relatively stable or tending-to-rise unemployment rate combined with falling labour participation indicate employment rate is falling
In rural areas, the unemployment rate increased to 7.37% in February from 5.97% in the previous month
What is unusual about the current period of slow growth is that it has come without an exogenous driver, unlike all previous periods of slowdown, going back 50 years, writes T N Ninan
Gangwar said the government has stopped the previous survey as the sample size was low
Most recent indicators have heralded a slowing of the economy as the end of 2019 approaches.
Koshyari made the announcement while addressing the joint sitting of the state legislature at Vidhan Bhawan in which he laid out the new government's broader agenda for the coming years
The fall in the unemployment rate, by weekly status methodology basis, came as employment among regular wage employees and a section of self-employed workers increased during the period
Chorus to make junk NSO report public grows
While the transition from agriculture to other sectors is taking place, manufacturing is not providing the necessary buffer before the workforce shifts to the services sector