Notwithstanding the Indian economy's steady growth, sectors such as telecom, engineering and electronics have witnessed a decline in employment rate over the last four years, says a report.
Asked to explain the "real causes" of ballooning bad loans at public sector banks, RBI governor Raghuram Rajan has put the blame on "overall economic downturn", among other reasons, in his submission to the key Parliamentary panel.
Prime minister Narendra Modi on Sunday launched a Rs 8,000 crore scheme to provide 5 crore free LPG connections to poor families as he attacked previous governments for just paying lip service to reducing poverty.
Government panel FIPB on Friday cleared Rs 13,030 crore worth of foreign direct investment (FDI) proposals, including that of hiking foreign investment limit in Axis Bank.
"FDI proposals for more
Impressed by the success of Aadhar, the World Bank is looking at ways to use this experience to advice other countries in framing similar strategies, a top Indian official said.
With India projected to grow at 7. 8 per cent in 2017-18 a UN expert said cautious macro economic policy reduced inflation and some structural reforms have helped
Embattled tycoon Vijay Mallya has said he is in a "forced exile" and has no plans to return to India where things are flying at him "fast and furious".
The government proposes to finalise about half-a-dozen strategic partners from Indian private sector companies to develop defence platforms, equipment, helicopters, aircraft, aero-engines, warships, submarines, artillery guns, armoured vehicles and battle tanks.
The joint parliamentary committee (JPC) that was tasked to review the insolvency and bankruptcy code bill has suggested minor modifications in the legislation and the government said its effort now
Weakening of the El Nino phenomenon has raised hopes of good monsoon rains over the South Asian region, including the Indian sub-continent, according to a regional forum of the World
There were no Hershey’s Kisses during the second world war, only Ration D Bars and Tropical Chocolate bars.
- National pharmaceutical policy to be out soon
The controversial National Pharmaceutical Policy may finally see the light of the day with the health ministry and chemicals ministry sorting out differences over some proposals in the policy.
- India, Pak agree to inspect water projects
India and Pakistan have agreed to allow their experts to inspect two major water projects in the Kashmir region,
- WTO deal still elusive
The WTO has finally created unity among its 152 members — but unfortunately for head Pascal Lamy, the only thing all states agree on is that the prospect of a new trade deal is still far away.
- Foreign shippers seek level-playing field
Foreign ship owners have asked the directorate general of shipping for a level-playing field and a “rethink” on its latest order banning overseas vessels, which are over 25 years old
- Plea to extend crop insurance
Andhra wants cut-off date for crop insurance of non-loanee farmers to be extended to September.
- Healthcare needs Rs 3,70,000cr
India will need investments of Rs 3,70,000 crore for healthcare facilities, a study said.
- Sugar price may go up
Sugar prices may rise to an unreasonable level if the sale of buffer stock quantum is kept voluntary.
- NMCE starts new series in metals
NMCE will start new series for future contracts in non-ferrous metals from August 1.
- Do call register
The Supreme Court has suggested introduction of a new ‘do call register’ facility to curb the telemarketing menace.