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Dev further said the quality of employment is an issue that is why the government is trying to increase employment in the formal sector.
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The expansion in sales was 22.3 per cent in January-March 2021-22 quarter and 60.6 per cent in April-June 2021-22 quarter.
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Indian Railways is targeting at least 50% jump in freight traffic on unused passenger train routes to neutralise revenue losses or even end FY21 with a surplus, according to Railway Board Chairman VK Yadav
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MyHiringClub.com & Sarkari-Naukri.info Employment Trend Survey (MSETS) 2020 indicated that most employers are optimistic about their hiring plans.
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The move by the country's top economic-planning agency appears to be the latest in a government campaign to prevent acquisitive Chinese firms from over-extending themselves with ill-advised deals abroad that could threaten financial stability at home.
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Shanghai-based Fosun said on Tuesday that CEO Liang Xinjun had resigned from all his posts due to unspecified "health reasons", prompting questions over the direction of a diversified company that has made wide-ranging acquisitions around the world.
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At the aggregate level, operating profit grew by 10.2 percent in 2015-16 compared with 5.3 percent in the previous year, boosted mainly on account of sharp contraction in raw material expenses.
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Amid subdued confidence, net balance for business activity among Indian companies is down from 16 percent in February to 15 percent in June -- its lowest in the survey history and the weakest of all four BRIC economies.
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The world's third-largest coal importer wants private companies to contribute about a third of an annual production target of 1.5 billion tonnes by 2020, but the hold up in opening the sector to non-government companies for the first time in over 40 years may mean India will fall well short of that mark.
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"Out of the 319 licences issued to 190 companies, 79 licences of 50 companies have entered production stage," Defence Secretary (Production) A K Gupta said at the 'Make in India' week here today, adding most of these were operational for the past 18 months or so.
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Payrolls processor ADP said private-sector employment rose by 257,000 last month, the largest gain since December 2014, after increasing by 211,000 in November
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Agri-extension services focus on educating farmers about the application of scientific research and new knowledge of agri-practices. At present, farm extensions services are being provided mainly by the public sector.
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The pacts signed were under Rs 10 crore and will provide direct employment to 2,830 people in the state.
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Vaibhav Sanghavi, Managing Director at Ambit Investment Advisory, explains: "We expect earnings to grow by 20% in FY17 and 12% this year. So going by sheer earnings growth, even without a massive re-rating in the markets, cumulatively we will grow 32-33% in two years, which takes the index number from 8500 to 11000."
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The cabinet today cleared the Atal Mission For Rejuvenation of Urban Transformation or "AMRUT." This will replace the UPA‘s Jawaharlal Nehru Urban Renewal Mission. The outlay for this programme which will cover 500 cities will be Rs 50,000 crore.
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The Coal Ministry had earlier received 107 applications from public sector undertakings (PSUs) like NTPC Ltd, Steel Authority of India Ltd (SAIL), Damodar Valley Corp (DVC) and Neyveli Lignite Corp (NLC) for allocation of 43 coal blocks.
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The government, which was initially planning to auction six mines in the first tranche, is targeting to auction 10 blocks now, an official had earlier said.
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In the first phase, state-owned ONGC and OIL have been permitted to explore for and produce shale oil and gas from onland blocks that were allotted on a nomination basis before advent of the New Exploration Licensing Policy in 1999.
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Coal mining licences used to be allocated on recommendations of a panel of top bureaucrats across ministries, but the federal auditor censured the process last year saying it lacked "transparency" and probably deprived the government of billions of dollars of potential revenue between 2004 and 2011.
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India ratified its first major overhaul of company law in more than 50 years on Thursday, seeking to strengthen accounting standards and shareholder rights in a country where many businesses are family-controlled.
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Wealthy investors are shying away from US stocks and putting more money into private companies, real estate and commodities, according to a study.
