Monday, Oct 18, 2021 | Last Update : 05:35 PM IST

Sangeetha G

In the case of gold and jewellery, the demand has been rising with the start of the festive season. (Photo: PTI/File)

Discretionary goods see rise in festive demand

The demand for discretionary categories has improved month-on-month even in August and is now closer to 2019 levels

12 Oct 2021 7:24 AM

As earnings of low skill workers remain well below 2019 levels, it might take longer than previously expected for India to achieve the goal of reducing extreme poverty to below 3 per cent, said the World Bank. (PTI)

India’s poverty rate to be around 10% in FY22: WB

As labour markets continue to improve, poverty reduction is expected to slowly resume its pre-pandemic trajectory

11 Oct 2021 2:53 AM

The government hopes the venture will generate one lakh direct and two lakh indirect employment per park. (Representional Image)

Textile parks to get over Rs 4,400 crore incentives

Parks will be developed by a special purpose vehicle which will be owned by the state government and the Centre

07 Oct 2021 7:30 AM

The additional funds will support the MFIs with lower grading. (Photo: PTI/Representational)

Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

06 Oct 2021 7:28 AM

The unemployment rate declined from 8.3 per cent in August to 6.9 per cent in September. (Photo: PTI/File)

Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

06 Oct 2021 7:23 AM

The Personal Data Protection Bill requires a copy of sensitive personal data to be stored in India, and further prohibits cross-border transfers of critical personal data. Representational Image (DC File Image)

Data curbs can cost India up to $17 bn by 2025: UN

India has a relatively large digital service industry, with strong links abroad

04 Oct 2021 3:43 AM

GST has helped interstate movement of goods. Representational Image. (DC File Image)

GST: TN, Kerala FMs rue loss of autonomy

The pandemic has brought to light that the GST compensation mechanism is not designed to address systemic risks

30 Sep 2021 4:21 AM

IT/BPO sectors were the major contributor for the job growth. (Representational image)

Jobs grew by average 4 per cent in last 7 years: Labour ministry survey

Around 27 per cent establishments reduced employment during the pandemic

28 Sep 2021 9:18 AM

The FTP provides guidelines for enhancing exports in order to push economic growth and create jobs. (Photo: PTI)

Foreign Trade Policy to be extended till March

On March 31, 2020, the government had extended the Foreign Trade Policy (FTP) 2015-20 for one year till March 31, 2021

28 Sep 2021 9:13 AM

The seven-member panel would submit a report in two months. (Photo: ANI/File)

State ministers to review GST rates

The Group of Ministers looking at rate rationalisation will review the goods and services that are exempted from taxes

28 Sep 2021 8:36 AM

Cities like Bengaluru, Chennai, Hyderabad as well as the Delhi NCR market are the prominent cities. (Photo: PTI/File)

Demand for 3BHK, 4BHK goes up in metro cities

The preference for 3BHK apartments was 25 per cent in Q1 2020

23 Sep 2021 8:07 AM

LocalCircles had recently done a survey of consumers ordering food via aggregators. (Representative Image)

Food from small outlets, garments to pinch more

As per the GST rule changes, food aggregators like Swiggy and Zomato would need to raise their own invoices

23 Sep 2021 7:49 AM

Workers in higher income countries are more likely to hold jobs that match their education level. (Representational Image)

Top 10 per cent workers pocket 70 per cent labour income in India: ILO

In India, 39.6 per cent of employees have a job which matches their education

22 Sep 2021 7:12 AM

Amazon said it would investigate all allegations of corruption and take action. (Photo: AFP/File)

Amazon to probe bribery allegations on its lawyers

The report also pointed to a possible role played by another lawyer

21 Sep 2021 7:36 AM

The gems & jewellery industry too is witnessing a surge in exports. (Photo: PTI/Representational)

Consumption sectors step up hiring in August

Online hiring demand witnessed a positive growth of 24 per cent in August against July

21 Sep 2021 7:33 AM

The increase in gold prices helped limit the decline in sales to single digit levels. Representational Image (PTI)

Jewellery retailers could see 12% revenue growth

Increased spending on wedding and festive jewellery might support sales

17 Sep 2021 3:17 AM

52 firms apply for white goods PLI

The selection of applicants will be done within 60 days

17 Sep 2021 2:02 AM

The new recruitments are for transportation, hub and sorting centres and warehousing facilities in metros as well as non-metro cities. (Photo: PTI/File)

Flipkart to hire 1.15 lakh for festivals

The Big Billion Days require investments for capacity, storage, sorting, packaging, human resour-ces, training, and delivery

16 Sep 2021 7:54 AM

The government has already launched an Rs 18,100 crore PLI scheme for advanced chemistry cell. (Photo: AFP/File)

PLI for auto, drones cleared

The scheme to incentivise advanced automotive technologies for five years will lead to fresh investment of over Rs 42,500 crore

16 Sep 2021 7:18 AM

The Supreme Court concluded that the judgment of the Madras High Court needs to be affirmed and it dismissed the appeals challenging that verdict while the appeals against the judgment of the Gujarat High Court were allowed. — PTI

ITC not admissible for services: SC

Hearing appeals on the contradictory judgements by Gujarat and Madras high courts, SC urged the GST Council to take a policy decision on it

14 Sep 2021 8:43 AM

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