India's unemployment rate rose to 6.1% in 2017/18 fiscal year, the statistics ministry said on Friday.The same figure was leaked to a newspaper in January, which said it was the highest since 1972/73. The rural rate 5.3% while the urban was at 7.8%. The survey had become a political issue ...
India lost its spot as the fastest growing major economy to China, clocking a disappointing 5.8% in the January-March quarter as a chill in domestic and global consumer demand hit manufacturers and service providers.The sub-6 percent growth of Q4 is the slowest in five years.It was also the slowest in ...
In the first budget, the government can sketch out the plans for the next five years. This does not have to be a budget just about 2019-20. It can also be a budget for the next five years, said Swaminathan Aiyar, Consulting Editor, ET Now, in an interview with ETNOW. ...
Hyderabad: NCC Limited Friday said it may lose Rs 6,100 crore worth of works awarded by the Andhra Pradesh government if the YS Jagan Mohan Reddy-led new government decided to cancel all the works awarded before April 1, 2019."We understand that the new government is considering to cancel work orders ...
Marking a slight departure from the government's target, the fiscal deficit for FY19 is at Rs 6.45 lakh crore, which translates to roughly 3.4% of GDP.Indis's fiscal deficit was at Rs 8.51 lakh crore at the end of February 2019, touching 4.52% of the GDP.There are also reports that ...
by Vrishti BeniwalNirmala Sitharaman, who became India's first woman finance minister in nearly five decades, isn't a novice at the job.She had a brief stint as a junior minister in the Finance Ministry in 2014, while handling the trade portfolio. She subsequently moved on to a full-time role as defense ...