BUSINESS
CII Summit| 'Special attention should be given to education and social security'
One of the panelists said that school reopening should have been better timed, since the delay has exacted a higher cost from students from disadvantaged sections
BUSINESS
FY23 GDP growth to be higher than consensus estimate of 7.5-8%: Neelkanth Mishra
However, certain parts of the economy are still struggling and need to be looked at, said Mishra who is the Co-head of Asia Pacific Strategy and India Strategist at Credit Suisse and a part-time member of the Prime Minister's Economic Advisory Council.
BUSINESS
CII Summit | Finance Commission Chairman NK Singh calls for review of Seventh Schedule of Constitution
Singh called for the benchmarking of states on several parameters like education, health, and ease of doing business.
BUSINESS
More welfare schemes planned for workers registered on e-Shram: Sources
Workers registered on the site may soon get the benefit of a pension plan and a life insurance scheme
BUSINESS
MSME associations welcome move to study Covid impact, sick/closed units
The government has called for bids to study sick and closed small business units to get more data, which can be used to frame policies and schemes for the sector that was badly hit by the pandemic.
BUSINESS
Travel and tourism industry sees green shoots after Covid-19 shock
Strong pent-up demand, reopening of international borders and easing of domestic restrictions have contributed to the recovery, say tour operators and travel agencies.
BUSINESS
Quality of infrastructure to improve with adoption of QCBS method for procurement: Experts
Another significant reform in the October 29 guidelines by the government deals with delay in payments to contractors. As per the guidelines, 75 percent of the running bill should be released in 10 working days and the balance 25 percent within 28 working days.
BUSINESS
Union Budget 2022-23 | MSMEs bat for reduction in compliance burden, GST rationalisation
The Finance Ministry has sought suggestions on taxation from industry and trade bodies.
ECONOMY
Explained: What is the caste based payment system in MGNREGA, why is the government junking it?
Moneycontrol explains the caste-based disbursal of wages system that has caused tensions on ground level, and what was the earlier system and why is the government scrapping it.
BUSINESS
Explained: Why did the government hike GST rate for garments under Rs 1,000?
While the new tax rates will come into effect from January 1, the Indian textile industry is worried about the planned hike in the tax rate, arguing that such a move will affect 85 percent of the market and will lead to an increase in the prices of 80 percent of the final products.
BUSINESS
Hiring in aviation sector witnesses gradual pickup, to gain momentum from Q4: Experts
The current trends show hiring in the sector is selective and partial to the technical side—for ground maintenance and IT infrastructure
ECONOMY
COP26 Summit: Experts laud India's target to go Net Zero by 2070 but remain unsure on how it will be met
Surprising many, Prime Minister Narendra Modi announced that India will reach the target of net zero carbon emissions in the next 50 years.
BUSINESS
Explained : What is the Bharti Airtel vs Centre GST refund case all about?
In a setback to telecom operator Bharti Airtel Limited, the Supreme Court on October 28 set aside a Delhi high court order and barred the telco from seeking a Rs 923 crore Goods and Services Tax (GST) refund. Moneycontrol explains the case and the Delhi high court order.
BUSINESS
Second COVID wave batters microfinance, lenders positive on outlook
Disbursements declined 73 percent to Rs 23,700 crore in the April-June quarter from Rs 88,500 crore in the fourth quarter of FY21
BUSINESS
Job creation slows in August, shows government payroll data
As per the data released on Monday, new enrolments to EPFO stood at 9.18 lakh in August, down from 9.53 lakh in July. New ESIC enrolments dropped to 13.22 lakh in August from 13.33 lakh in July. Under the National Pension System, fresh subscribers increased during August to 56,827 from 50,118 in July.
BUSINESS
Govt plans to set up expert panel for drafting first National Employment Policy
The NEP seeks to lay out a sector-wise strategy to improve the potential of job creation by drawing investments to employment-intensive sectors, policy interventions and attracting new industries by creating an enabling environment.
BUSINESS
Mudra loan scheme for micro enterprises nears 100 percent disbursal rate
PMMY was launched by Prime Minister Narendra Modi in on April 8, 2015, with the aim of aiding micro entrepreneurs to access credit from the formal financial system.
BUSINESS
EPFO added 14.81 lakh net subscribers in August
First time job seekers have contributed nearly 50 percent of the total net subscriber additions in August.
BUSINESS
Explained: Employment ambit may get extended, what will be the impact
Moneycontrol explains what the present definition of employee is, benefits denied to gig and platform workers, and what the impact of the change in definition will be.
BUSINESS
Travel and tourism industry resumes hiring, momentum to pick up from Q4
Following the lifting of travel restrictions, a steady pace of vaccinations and a pickup in leisure travel, companies in the tourism and travel space have gradually resumed hiring talent.
BUSINESS
Weekly jobless rate surges to 8.86 % after recovery in September
For urban areas, it was 7.50 percent, lower than the 8.62 percent recorded in September, according to CMIE data.
MCMINIS
Festivals, revenge travel may hasten third wave
BUSINESS
Fuel, steel price hikes put MSMEs in a fix; associations demand government intervention
Industry bodies say MSMEs sell at very low margins, and even those margins have been shaved by the surge in input costs. The market is not willing to accommodate the price changes as orders and contracts are pre-booked.
BUSINESS
Delayed payment cases by MSMEs near 1 lakh mark
Cases of dues to small businesses are mounting, with only 12 percent of the amount paid so far
