Economy - Page 77

Productivity in British low-paid jobs lags 20 to 30 per cent behind equivalent roles in Germany, France, the Netherlands and the United States.

Hiring activity to be positive in 2019-20: Survey

Almost 58 per cent employers have a positive outlook on hiring, while only 10 per cent of employers said layoffs are on...

4 Jun 2019 5:31 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Business

Finmin in 'quarantine' from Monday as Budget-making exercise begins

The Ministry will be out of bounds for visitors and media as it gets down to prepare the Budget for 2019-20 fiscal year.

4 Jun 2019 3:14 PM IST

UPI has been key in steering the entire ecosystem of consumers, payment processors and banks towards digital transformation and it continued its monumental growth in 2019.

Business

China, India pushing fintech adoption growth: EY

82 per cent said they are aware of peer-to-peer payment systems and non-bank money transfers, according to report.

4 Jun 2019 11:40 AM IST

The needless controversy between the government and the RBI is a direct consequence of economists without any practical experience in administering policies at a high level being inducted to executive positions.

Business

RBI may cut rates, turn 'accommodative' after dismal GDP

Analysts say policymakers should also find ways to boost banks' liquidity to ensure they drop their lending rates too.

4 Jun 2019 10:31 AM IST

The northward movement in petroleum and commodity prices would also add to export growth. The recent depreciation of indian rupee is also supporting exports though its impact varies from sector to sector and from company to company. Ganesh Gupta, President, FIEO

Business

Commerce Ministry to hold meet on Jun 6 to discuss ways to boost...

Board of Trade (BoT) would seek views of all stakeholders on the forthcoming foreign trade policy.

3 Jun 2019 5:48 PM IST

Business

RBI monetary policy panel starts discussions on monetary policy review

RBI has slashed repo rate by 25 basis points (0.25 percentage points) each in last two policy reviews.

3 Jun 2019 4:26 PM IST

$\The issue of GSP has been done in a little bit of haste...It is certainly going to hurt us, especially small item exporters,\ said CII President Vikram Kirloskar. (Photo: File | Youtube screengrab)$ Business

US decision to withdraw GSP incentives taken in haste, will hurt...

CII President Vikram Kirloskar expressed hope that US and India would find an amicable solution to this issue.

3 Jun 2019 3:50 PM IST

Indias sugar output in the last marketing year (October-September 2018) was also a record of the sort at 32.5 million tonne.

Business

Government may provide subsidised sugar to more families; mulls extra...

The proposal is to extend one kg sugar supplies to additional 16.29 crore beneficiary families, would cost Rs 4,727...

3 Jun 2019 2:49 PM IST

Responses were drawn from over 300 manufacturing units from both large and SME segments with a combined yearly turnover of over Rs 3 lakh crore. (Representational image)

Business

India's manufacturing sector growth gains momentum in May: PMI

The upbeat mood among goods producers, coupled with a solid increase in new work, underpinned further job creation in...

3 Jun 2019 11:35 AM IST

The platform will invest in opportunities in the ports sector, and beyond sea ports into areas such as river ports and transportation, freight corridors, port-led special economic zones, inland container terminals, and logistics infrastructure including cold storage.

Business

Removal of trade status will not hinder economic ties with US, says...

Commerce ministry said in relationship, economic ties there are ongoing issues which get resolved mutually from time to...

2 Jun 2019 10:51 AM IST

Can farmers discontent be amended with two months left for the Lok Sabha elections?

Business

Ficci hails govt's decision to extend PM-KISAN scheme to all farmers

The revised scheme will now cover 2 crore more farmers increasing the coverage to around 14.5 crore beneficiaries.

2 Jun 2019 9:51 AM IST

Business

At 5.8 per cent, GDP hits 5-year low; job creation also dips

The data came on the day when Nirmala Sitharaman took charge as the new finance minister in the second innings of the...

1 Jun 2019 6:27 AM IST