The labour ministry had circulated the draft rules on the Wage Code Bill last year but held back its finalisation and implementation
Nirmala Sitharaman says Centre has no more announcements to make; rules out any cut in income tax rates
Nirmala Sitharaman, who had over the last week announced an economic package to help revive the economy, said how the coronavirus and the lockdown has hurt revenues is yet to be completely assessed.
For India's $5 trillion dream to materialise, high quantity investments are in order; govt must acknowledge this reality
For India to reach the $5 trillion economy target, it needs to grow at 9 percent per annum, which is out of the question now
India is facing a "Great Slowdown" with its economy headed for intensive care unit primarily due to a "second wave" of the twin balance sheet crisis at banks, former Chief Economic Adviser Arvind Subramanian has said
India should focus on structural reforms, clean-up of banks and labour reforms: IMF Chief Economist Gita Gopinath
With economic growth slowing to a six-year low, IMF Chief Economist Gita Gopinath says the government should undertake structural reforms such as bank clean-up and labour reforms to address the slowdown in domestic demand
Economy is in intensive care with no quick relief in sight; can cutting personal tax, raising GST offer a magic cure?
Arvind Subramanian's speech at Bangalore does not really highlight any new issues.
Bank credit growth lowest since October 2017, supply-demand situation may normalise by June 2020; all this and more on Moneycontrol Pro
Non-food credit, or bank loans other than to the Food Corporation of India for their crop procurement operations, is now growing at its slowest pace in two years.
Labour reforms: Govt to merge 13 central laws into single code; passage of Bill likely in Budget session
The government will push the Occupational Safety, Health and Working Conditions (OSH) Code in the Budget session of Parliament for approval, said Labour Minister Santosh Gangwar on Wednesday
IIP contracts for second consecutive month: Economy goes into a tailspin; $5 tn target is distant dream unless out-of-box measures are taken now
The signs of further weakness in the Indian economy are emerging from every high-frequency data indicator.
Viral Acharya says govt needs to undertake heavy disinvestment program, reduce its reliance on bond markets
The Indian government needs to reduce its reliance on bond markets and undertake a heavy disinvestment programme along with urgently implementing land, labour and agricultural reforms, former RBI Deputy Governor Viral Acharya said
Core sector growth shrinks 5.2% in September: With economy showing more signs of stress, Q2 GDP set to be damp squib
The core sector contributes 40% of the weight of Index of Industrial Production (IIP) hence that number for the month too is expected to take a hit.
Economic slowdown: Here are five more reforms Finance Minister Nirmala Sitharaman can look at to kick-start growth engines
There are at least five big reforms that need doing, can quickly get-off the ground, and which will have lasting positive effects on growth
Core sector growth in negative zone for first time in 4 years: Economy is slowing, but here are four ways government can arrest slowdown
There is a likelihood that there will be some revival in the consumer spending in the next two months on account of the festive season demand, which could offer some relief to the economy.
MPC swings from ‘neutral’ to ‘accommodative’, but the RBI show is a non-event until banks play their part
In the backdrop of falling growth and cooling inflation, it was clear that a rate cut was on the cards.
The economy is undergoing cyclical downturn at present which has seen a dip in growth to the 7% levels
Most exit polls have predicted a sweeping victory for the BJP-led National Democratic Alliance (NDA), which is expected to win over 300 seats in the election
Labour Day 2019: Not just vanishing private investments, high cost of labour too is killing India's job market
There is no major mention of labour reforms in the BJP manifesto, even the Congress manifesto which speaks GST reforms and job creation has paid no significant attention to labour law reforms
Land, labour, financial sector reforms needed to improve manufacturing, boost economic growth, says Chief Economic Adviser
The share of manufacturing in the economy has grown just 1.5 percentage points in the last three years to 18 percent, and good exports have shown little sign of a pick up in the last five years.
Bharat Bandh: Central trade unions go on 2-day nationwide strike; Left parties begin protest in Assam and West Bengal
Various trade unions and farmers' and teachers' associations across the country have started the tw0-day nationwide strike. The Left parties have called affiliate unions to participate in the strike to protest against the Narendra Modi government.
CMIE data shows 11 mn jobs lost in 2018: Labour reforms need of the hour, but no political party is serious about it
According to a report by the Centre for Monitoring Indian Economy (CMIE), job losses, and the number of unemployed people in the country have been steadily rising