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FIEO Director General Ajay Sahai said the global situation is likely to improve in the first half of 2020, which would have a positive impact on India's exports.
Exports to rebound in 2020 but growth to remain subdued
28 Dec 2019 12:37 PM

Commerce Secretary Anup Wadhawan said the current slowdown in exports is mainly due to a decline in petroleum products.

GDP growth touched a six-year low at 4.5 pc in the second quarter as manufacturing output slumped and consumer demand as well as private investment weakened.
When Rahul Bajaj broke deafening silence of India Inc
24 Dec 2019 11:56 AM

The auto sector went through one of the longest sales slumps leading to nearly 3.5 lakh job losses.

The Indian government has in recent years faced public ire for not releasing comprehensive jobs data regularly.
India's urban unemployment rate slows in March quarter: report
23 Nov 2019 1:14 PM

The urban unemployment rate of the January-March quarter compared with 9.9 per cent in the preceding quarter.

In terms of growth in employment on an annual basis, it was 2.5 per cent in 2015-16, 4.1 per cent in 2016-17 and 3.9 per cent and 2.8 per cent in 2017-18 and 2018-19, respectively.
Employment growth slowed down in last two years: report
20 Nov 2019 10:55 AM

The top 10 sectors covering 895 companies with employment of 4.70 million in 2018-19.

The information shared with the European Works Council select committee lays out the case for change.
Tata Steel confirms job cuts of up to 3,000 across European operations
19 Nov 2019 4:31 PM

The latest move comes a few months after Tata Steel Europe announced plans to close two UK operations with the loss of 400 jobs.

Annual services output growth of 7.2 per cent in the third quarter was near the weakest level since the global financial crisis.
Jobs at risk as China’s services sector feels heat of trade war
14 Nov 2019 10:08 AM

The government has raised this year’s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.

India is on a steady path to becoming a five trillion dollar economy, with emphasis on ease of doing business as well as ease of living, said Union Minister Dharmendra Pradhan. (Photo: File)
Steel consumption in India set for quantum jump: Pradhan
06 Nov 2019 2:36 PM

Steel sector is becoming more efficient, environment-friendly and globally competitive supported by various government policies.

The report also showed that during September 2017 to August 2019, around 2.97 crore new subscribers joined the ESIC scheme.
13.08 lakh new jobs created in Aug: ESIC payroll data
25 Oct 2019 7:30 PM

Gross enrolments of new subscribers with the ESIC were 1.49 crore during 2018-19, the National Statistical Office (NSO) said in a report.

Currently, Patna, Bodhgaya, Muzaffarpur, Purnea and Bhagalpur are among the top-performing clusters in Bihar.
OYO to expand footprint in Bihar, create 700 new jobs
25 Oct 2019 10:31 AM

The company aims to double its efforts in delivering a high-quality and trusted hospitality experience to guests.

The independent watchdog for the auditing profession is looking into alleged accounting issues at IL&FS and Infosys, following directives from the government.
Govt starts hiring process for National Financial Reporting Authority
24 Oct 2019 6:59 PM

There have been legal challenges for the NFRA, set up under the Companies Act, 2013.

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