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FDI growth story to ‘Go Well’ in 2021 too
Foreign direct investment equity inflows into India crossed the $500 billion milestone between April 2000 to September 2020, strengthening the country’s credentials as an investment destination.
About 29 per cent of the FDI came through the Mauritius route. It was followed by Singapore (21 per cent), the United States, the Netherlands, Japan (each 7 per cent) and the United Kingdom (6 per cent). The other big investors have been from Germany, Cyprus, France and Cayman Islands.
World Bank, govt ink pact for $500-mn project to develop green highways
COVID-19: India records 23,950 new cases
The number of people who have recuperated from the disease surged to 96,63,382 pushing the national recovery rate to 95.69 per cent, while the COVID-19 case fatality rate stands at 1.45 per cent.
The COVID-19 active caseload remained below 3 lakh for the second consecutive day.
There are 2,89,240 active cases of coronavirus infection in the country which comprises 2.86 per cent of the total caseload, the data stated.
Hiring, better appraisals back on India Inc agenda amid Covid-19 pandemic
The pandemic emerged the biggest inflection point for the Indian job landscape. For corporates, work-from-home and remote workers became the new normal, while for professionals, online learning and digital skills took centre stage.
“Yes, the market is showing positive signs of recovery with almost all industries showing growth in hiring but with caution. Overall, the intent to hire recovered smartly from 11 per cent during the lockdown period to 18 per cent for HY (half year), and this number is growing,” said Deval Singh, business head, mobilization (hiring), at TeamLease Services.
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