The IMF on Tuesday trimmed India’s growth forecast by 90 basic points to 6.1 per cent. This is second downward revision in seven months and in total 120 basis points reduction. 100 basis points is equal to one percentage point. read more

In Gurugram, the country’s largest automotive hub, which houses more than a 1,000 automotive manufacturing companies with a 400-plus labour force, more than 40,000 workers, according to labour rights activists, have been affected by the slowdown read more

Minority affairs minister Mukhtar Abbas Naqvi presented the data in the Lok Sabha in reply to a question posed by Trinamool Congress member Prasun Banerjee read more

As part of a pilot project, it will start creating parks in 50 tehsils, for which the government has made a provision of \u20B9300 crore. read more

The data released by the labour ministry on a day when Modi 2.0 Cabinet took charge, showed 7.8 per cent of all employable urban youth being jobless, while the percentage for the rural was 5.3 per cent. read more

Economists regard competitiveness as vital for the long-term health of a country’s economy as it empowers businesses to achieve sustainable growth, generates jobs and enhance the welfare of citizens. read more

We must take this debate beyond national statistics and scrutinise the local business climate across states in India read more

Former CIA acting director Michael Morell, in a podcast discussion with Kurt Campbell and Rich Verma on Thursday, alleged that Pakistan is one of the most dangerous countries in the world. read more

The restructuring of its money-losing business comes as LG, once one of the world’s top three mobile phone makers, has seen its global market share spiralling to less than 3% in the decade that smartphones came to dominate the mobile market. read more

The report did not say how the volunteers will be chosen or persuaded or whether it will be mandatory for some to head to the villages. read more

India will be deeply impacted by the turmoil in the Chinese economy, but this is not on our radar yet read more

The changing nature of work is upending traditional employment globally, and with it, social protection systems. Take for instance, insurance, made possible through mandatory contribution and payroll taxes on formal wage employment. read more

An HT analysis using the reported findings from the Business Standard story and World Bank population projections shows that the total number of workers in India in 2017-18 is 464.01 million. read more

With a large labour force, India is well positioned to capture the market of larger firms exiting China for more economic pastures. While the government must offer a strong commitment and support, the Shenzhen-type special governance zones should have... read more

By the middle of the century, China’s population is expected to drop to 1.36 billion - a fall in the labour force of close to 200 million. The study also predicted a rise in the dependency rate (increase in the proportion of non-working people like the... read more