As of now, foreign portfolio investors (FPIs) have made a net...
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Indian markets to deliver positive returns for 9th year in a row, outperform US
A report by Motilal Oswal said that Indian equities have...
Study finds enrolling in Ayushman Bharat increased access to timely start of cancer treatment
"Our study recommends expanding AB PM-JAY cancer packages to...
India’s April gold imports plunge 99.9% to three-decade low: government source
The world’s second biggest consumer of the precious metal imported around 50 kilograms of gold in April, down from 110.18 tonnes a year ago, the source said on Monday
Worldwide sales of smartphones decline for 1st time since 2008
“2019 was a challenging year for smartphone vendors, primarily due to oversupply in the high-end sector in mature markets and longer replacement cycles overall,” Research Vice President at Gartner, Annette Zimmermann said.
FY20 to see 1.6 mn fewer jobs being created as Indian economy slows: SBI report
As a result of unequal growth, people from agriculturally and industrially less-developed states migrate to more developed states in search of job opportunities – for example from Uttar Pradesh, Bihar, the southern part of Madhya Pradesh, Odisha, and Rajasthan to states like Punjab, Gujarat, and Maharashtra.
India Inc garners Rs 8.7 lakh crore from domestic, overseas markets in 2019
The largest OFS was that of Axis Bank (Specified Undertaking Of The Unit Trust of India) in February (Rs 5,358 crore), followed by SBI Life Insurance (Rs 3,524 crore) and HDFC Life Insurance (Rs 3,366 crore).
Top 50 corporates reduce debt by Rs 59,600 crore in first half of FY20
As per sectoral deployment data for October, non-food bank credit growth was at just 8.3 per cent, with credit growth to industry segment down 3.4 per cent, and retail loans rising to 17.2 per cent.For the current financial year so far, bank credit has grown by a just 1.7 per cent as opposed to a growth of 6.7 per cent in the corresponding period last year, as per the central bank data.
1.24 mn jobs created in Oct, marginal rise from Sept: ESIC payroll data
The NSO report is based on the payroll data of new subscribers of various social security schemes run by ESIC, retirement fund body EPFO and the Pension Fund Regulatory and Development Authority (PFRDA).
12.66 lakh new jobs created in May: ESIC payroll data
During 2018-19, 61.12 lakh new subscribers on a net basis joined the social security schemes run by the EPFO. Similarly the net new enrolments were 15.52 lakh during September 2017 to March 2018.
Money Indians have in Swiss banks down 6% in 2018, record low in 20 yrs
A number of strategies have been deployed by the government to combat the stashed-funds menace, in both overseas and domestic domain, which includes enactment of a new law, amendments to the Anti-Money Laundering Act and compliance windows for people to declare their hidden assets.
India:Manufacturing, infrastructure sectors to add 58,200 jobs in Apr-Sept FY20
“The manufacturing, engineering and infrastructure sector has employed 6.42 crore people as of HY2 of 2018-19. With the electronic manufacturing ecosystem is expected to reach investments worth Rs 26 lakh crore by 2025 the sector is expected to witness an exponential growth in jobs,” Teamlease Services head of industrial, manufacturing and engineering vertical, Sudeep Sen said quoting the report.
FDI inflows to India rose 6% in 2018 to $42 bn, says UN report
Developing and transition economies capture 45 per cent of all innovation-related FDI. Projects in developing Asia are transforming some economies, including Singapore, Hong Kong (China), India and Malaysia, into global hubs of applied research