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Industries

Industrial output contracts 0.1% in August: Govt data

New Delhi: India's industrial production contracted 0.1 per cent in August, mainly due to poor showing by the mining and power generation sectors, according to official data released Friday. The factory output, measured in terms of the Index of Industrial Production (IIP) witnessed a growth...

Tax

State gets Rs 8,068cr tax devolution from Centre

Bhubaneswar: The Union government Thursday said it has released tax devolution of Rs 1,78,173 crore to state governments, including Rs 8,068 crore to Odisha, as against the normal monthly devolution of Rs 89,086.50 crore. The advance instalment was released in view of upcoming festive season...

Unemployment

US jobless claims hit 258,000, most in a year

Washington: The number of Americans filing for unemployment benefits last week jumped to its highest level in a year, which analysts are saying is more likely a result of Hurricane Helene — and the Boeing machinist strike — than a broader softening in the labour...

 

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