Business

Mumbai: Majority of blue-collar jobs in India pay within the salary range of Rs 20,000 or less per month, suggesting that a substantial portion of the workforce is grappling with financial strain, struggling to meet essential needs such as housing, healthcare and education, a report...

New Delhi: India has been a laggard among G20 nations in terms of employment generation and the country needs to create an additional 148 million jobs by 2030 given the population growth, IMF's First Deputy Managing Director Gita Gopinath said Saturday. India on an average...

New Delhi: India will need to undertake more reforms to be able to continue on the path of raising economic growth and to make sure that enough job creation happens in the country, IMF deputy managing director Gita Gopinath said Saturday. Addressing an event here,...

New Delhi: India is open to exploring more ways to increase its collaboration with the International Monetary Fund (IMF), Finance Minister Nirmala Sitharaman said during a meeting with IMF's First Deputy Managing Director Gita Gopinath Saturday. During the meeting, Gopinath congratulated the Finance Minister on...

New Delhi: The government has invited bids for the empanelment of entities for providing artificial intelligence services on cloud under the Rs 10,372-crore India AI mission, which was approved by the Cabinet in March this year. The empaneled agencies, like data centers and cloud service...

New Delhi: Riding on overall economic growth, Indian startups raised more than $395 million in at least 20 deals this week, a massive about 350 per cent jump from $113 million secured last week in 22 deals. Hospitality and travel-tech company Oyo led the funding...

New Delhi: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export...

New Delhi: After Prime Minister Narendra Modi, during his Independence Day address to the nation, said the country is on its way to become the third-largest economy with big reforms across sectors, Dr Gita Gopinath, Deputy Managing Director of the International Monetary Fund (IMF), has...

New Delhi: The government has slashed windfall tax on domestically produced crude oil to Rs 2,100 per tonne, from Rs 4,600 per tonne with effect from Saturday. The tax is levied in the form of Special Additional Excise Duty (SAED). The SAED on the export...

Mumbai: The Reserve Bank Friday tightened norms for Non-Banking Financial Company – Peer to Peer Lending Platforms (NBFC-P2P Lending Platform) to improve transparency and compliance. As per the revised master direction issued by the RBI, a P2P platform should not promote peer-to-peer lending as an...