Page 10 - Shiva Rajora/workspace/business Standard Web/video

June services PMI rises on back of new orders, international sales

'Staffing levels' increase at fastest pace since August 2022, according to survey

Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June

A figure above 50 in the index denotes expansion and that below signifies contraction

New base years for national accounts, macro indicators from Jan-Feb 2026

A base year is the reference year whose prices are used to calculate the real growth (minus inflation) in national income

NHRC issues notice TN govt over gender discrimination in Foxconn hiring

NHRC has taken suo-motu cognizance of media reports that Foxconn, a major manufacturer of Apple devices, has systematically excluded married women from jobs at its iPhone assembly plant in Sriperu

Significant progress in SDGs, yet challenges remain: Mospi report

Report highlights gains in health, education; gaps remain in wage equality, waste

16th FC Chair Panagariya calls for permanent data portal for continuity

He said that each finance commission has to start the work on data afresh and a data portal will resolve that issue and bring continuity

Mospi sets up 26-member committee to decide new base year for GDP

The Advisory Committee on National Accounts Statistics to review data sources, align GDP with inflation and industrial indices

EPF withdrawal benefits extended to members with under 6 months of service

The move is expected to benefit more than 700,000 EPS members every year who leave the scheme with less than six months of contributory service

Core sector growth slows to 6.3% in May due to output deceleration

For the first two months of this financial year, growth in the output of the core industries stood at 6.5%

Worker groups demand social security fund for unorganised workers in Budget

The matter was also discussed with the finance minister Nirmala Sitharaman on Monday as central trade unions made representations as part of the pre-Budget consultation

Labour ministry seeks report from Tamil Nadu govt in Foxconn incident

The statement further adds that section 5 of the Equal Remuneration Act, 1976, clearly stipulates that no discrimination is to be made while recruiting men and women workers

Amazon says committed to 'appropriate' action in Manesar Warehouse incident

Amazon India is in constant touch with the relevant authorities and encourages them to visit its facilities to see not just the workplaces but also how the policies are implemented

NPS logs over 110,000 fresh subscribers in April, reveals NSO data

Overall, 937,000 subscribers joined the National Pension System during FY24, 13.6 per cent higher than the 824,700 subscribers logged in the preceding financial year

Informal entities in manufacturing lost 5.4 million jobs in 7 years

Unincorporated enterprises lost 1.8 mn establishments between Jun 2016 and Sep 2023, according to the 2 surveys

Boost enforcement mechanism to prevent child labour: Centre to states, UTs

The labour ministry asked states to make use of the online portal Platform For Effective Enforcement for No Child Labour for complaints

Rs 26 trillion of India's economy formalised in FY16-FY23, says SBI

According to the World Bank data, at 2017 international prices, 44% of India's population spent less than $3.65 per day

Engage NSC more actively for robust surveys: NSC chairman to govt

Tussle between the commission and govt agencies has been going on since its inception in 2006,' says former NSC head

Gains in manufacturing and services sectors push flash PMI to 60.9 in June

The survey also noted that pace of job creation was at its strongest in over 18 years

Fast-track framing of rules under new labour codes, Centre tells states

Till now, a total of 24 states/UTs have formed rules under all four labour codes, and West Bengal, Meghalaya, Nagaland, Lakshadweep, and Dadra & Nagar Haveli are yet to formulate rules

Fresh formal hiring at seven-month high in April, shows EPFO data

Earlier, in Sept 2023, 950,527 fresh formal employees had joined EPF. The EPFO data is considered crucial as only the formal workforce enjoys social security benefits and is protected by labour laws