Sequentially, the UR for people aged 15 and above remained steady at 5% for the secondstraight month NEW DELHI: India’s unemployment rate (UR) fell to 5% in Sept, compared with 5.2% a year ago, even as the labour force participation rate (LFPR) improved in the country, particularly in rural areas, according to the monthly periodic…
Reliance Jio Infocomm chairman Akash Ambani and non-executive director Isha Ambani at the IPO announcement in Mumbai Thursday MUMBAI: In the biggest reshuffle in the country’s corporate rankings in decades, Reliance Industries (RIL) Group is all set to overtake Tata Group as India’s most valuable conglomerate, once Jio Platforms lists.The proposed listing, at an estimated…
Foreign inflows lift India’s BoP surplus (representative image) India’s overall balance of payments (BoP) recorded a surplus of $45.4 billion in August 2026, compared with a deficit of $5.6 billion in the same month last year, as foreign currency inflows, particularly non-resident Indian (NRI) deposits, rose sharply, according to Reserve Bank of India (RBI) data.The…
The man said that he had invested the entire Rs 1.95 crore from the sale in purchasing another residential flat at a different location. (Image for representative purpose only) You buy a flat and after some years the housing society gives it for redevelopment. You then sell the redeveloped flat within days of getting it…
Representative image (India-China trade rebounds as New Delhi looks to rebuild bilateral ties) India’s bilateral trade with China rose nearly 29 per cent year-on-year to $91.76 billion in April-September 2026-27, making Beijing India’s largest trading partner in the first half of the financial year, according to commerce ministry data.Two-way trade between India and China stood…
Even as restructuring and layoffs happen, some jobs in the IT sector are getting paid well – and across levels whether entry or senior. Till a few years ago, software engineers in India were commanding high salary premiums and the IT sector was a reliable source of employment. While still employing lakhs, the artificial intelligence-led…
India’s overall exports touch $242.6 billion in Q2, highest ever for the quarter (representative image) India’s merchandise exports rose 23.04% year-on-year to $44.40 billion in September 2026, up from $36.08 billion a year earlier, according to data released by the Ministry of Commerce and Industry on Thursday.The merchandise trade deficit narrowed to $30.21 billion from…
The much-awaited India-US trade deal has cleared its first phase and moved to the legal drafting stage, commerce and industry minister Piyush Goyal said on Thursday.He said that the pact would be operationalised once India gains a competitive advantage over its peer countries. The minister further expressed hope that the process would be completed soon.“US…
US Ambassador to India Sergio Gor on Thursday said the two countries had wrapped up the major items on their trade deal agenda, with negotiations moving at an “incredible pace”. Drawing a comparison with the India-EU trade pact, Gor highlighted the speed of the US talks, saying a deal was announced within weeks of his…
Kospi tumbles over 7% as tech stocks lose steam South Korea’s stock market hit a rough patch on Thursday, with the benchmark Kospi plunging 7.49% as technology stocks came under heavy selling pressure. The rout spread across Asian markets, prompting the country’s exchange operator to trigger a five-minute trading halt on programme sell orders after…
