BUSINESS
Govt developing roadmap to start work on 100 industrial clusters
The plan is in its initial stages; industrial clusters are expected to help aid job creation.
BUSINESS
MC Analysis | Divorce turns more frequent, flattens rural-urban divide: Survey
Divorce rates are on the rise in urban and rural India as divorces become more common than they were seven years ago
BUSINESS
MC Daily Monsoon Tracker: Reservoir levels remain at 13% above normal as India stays rainfall surplus
Punjab, Himachal Pradesh, Nagaland and Bihar are the only states with lower water capacity compared with normal reservoir levels
BUSINESS
India climbs one spot to rank 39 in Global Innovation Index 2024 rankings
India secured the top position among lower middle-income countries.
BUSINESS
Nearly half of India's population will reside in areas prone to flooding: Moody's
622 million people or 44 percent of the population in India will be prone to inland flooding, another 48 million were prone to coastal flooding.
BUSINESS
Rural-urban, male-female income inequality rose in 2023-24: PLFS data
In 2023-24, income for the salaried class was 44.2 percent higher compared with rural areas, while the difference was just 36.2 percent for urban areas
BUSINESS
Finance Ministry bats for REITs, e-commerce in August economic review
E-commerce has become a dominant player in India’s service sector growth, says ministry
BUSINESS
Centre’s H2FY25 borrowing at Rs 6.61 lakh crore, in line with Budget target
The government had budgeted Rs 14.01 lakh crore of gross borrowing for FY25 in the Budget presented on July 23
BUSINESS
Capex survey to capture data from companies comprising 80% of the output of sector: MoSPI secretary
The government will start work on the first annual capex survey from October
BUSINESS
MC Analysis | Are Indians working less? Work week comes down to 42.3 hrs from 46.8 hrs in 6 yrs
People in urban Delhi and Dadra and Nagar Haveli and Daman and Diu have a longer work week than rest of the country. Chandigarh is working more than it used to in 2018-19
BUSINESS
City dwellers to splurge Rs 1.85 lakh cr, but top-tier may spend less this festive season: LocalCircles
Comparison of spending trends with the 2022 pan-India survey shows a slowdown in spending at top tier of people looking to spend Rs 50,000 and more
TRENDS
MC Daily Monsoon Tracker: Rainfall surplus below 6% for fifth straight day
Rainfall deficit widens further to 29 percent for the farm state of Punjab and remains a high 28 percent for Bihar
BUSINESS
Formal job creation picks up in the first four months of FY25
New subscriptions to all three social security schemes rose for the first four months, as there was a pickup in job creation
BUSINESS
Targetting $100-billion annual FDI in coming years: DPIIT secretary
Foreign delegations are extremely gung-ho about investing in India, says Amardeep Singh Bhatia, DPIIT secretary
BUSINESS
OECD revises India’s FY25 growth forecast upward to 6.7%
Inflation is also projected to be higher at 4.5 percent compared with 4.3 percent projected in May
BUSINESS
The evolution of Make in India: 2014-2024
Job and export benefits have begun showing over the past three years
BUSINESS
Delhi witnessed highest gains in urban unemployment reduction; AP in salaried job addition
AP, Kerala and Karnataka have done better in adding salaried jobs in urban areas over the last seven years. Rajasthan’s urban unemployment increased, with the share of people in salaried jobs shrinking compared with 2017-18
POLITICS
Can BJP break into Jammu and Kashmir National Conference’s stronghold?
26 seats that go to polls today have traditionally been a stronghold of the JKNC. It had won 40 percent of seats in the region in 2014 and 75 percent in 2008
BUSINESS
ADB retains India's FY25 growth forecast at 7%
The multilateral institution expects inflation to grow faster at 4.7 percent compared with 4.6 percent in its April report
TRENDS
MC Daily Monsoon Tracker: Rain surplus remains above 5% as the monsoon enters last leg
Since June, 27 states have received normal or above-normal rainfall, while nine states are still seeing a shortfall
BUSINESS
Number of million-plus cities to jump 50% in 2024: SBI Research
The number of elderly people is also set to rise, with the elderly population crossing 150 million, an increase of 46 million from 2011
BUSINESS
Moody’s Analytics raises India’s 2024 GDP forecast to 7.1%; economy likely to grow 6.5% in 2025
Moody's lowered india's Inflation forecast to 4.7% for 2024 from 5% projected in June
BUSINESS
Women in salaried jobs in India down to a seven-year low: MC Analysis
The number of women in regular wage/salaried jobs in urban areas fell to the lowest level of 49.4 percent in seven years
BUSINESS
Unemployment rates decline across social and religious groups
Job gains among male scheduled castes, scheduled tribes, and other backward classes outpaced those of their female counterparts between 2017-18 and 2023-24
