Indian financial system on path to swift restoration: Finance Ministry report

Indian financial system on path to swift restoration: Finance Ministry report

[ad_1] Strategic reforms and the speedy vaccination drive has positioned the nation on the trail to swift restoration by enabling the financial system to “navigate the ravaging waves” of the COVID-19 pandemic, in accordance with the Finance Ministry‘s Monthly Economic Review. Sustained and strong development in agriculture, sharp rebound in manufacturing and business, resumption of … Read more

Core knowledge factors to robust restoration in infra & financial system, say consultants

Core knowledge factors to robust restoration in infra & financial system, say consultants

[ad_1] India’s core sector development accelerated to 11.6% in August, lifting the general output 3.9% larger over the pre-pandemic ranges of August 2019, knowledge launched on Thursday confirmed. Experts mentioned the info pointed to a robust restoration within the infrastructure sector and the financial system after the second wave of the pandemic. A 6.9% contraction … Read more

Restoration in labour market partial, says CMIE

Restoration in labour market partial, says CMIE

[ad_1] India’s swift restoration after the Covid-19 lockdowns appears exhausting and discriminatory as incremental enhancements in job era have diminished drastically and salaried jobs have witnessed higher job losses than another sector, the Centre for Monitoring Indian Financial system stated. Additional, the labour market restoration appears to be partial because the labour pressure participation charge … Read more