Wages account for 1/3rd of country's total income: Report
India | June 26, 2019 23:16 IST"Return on labour (12 per cent CAGR) grew faster than return on capital (10.9 per cent CAGR) during FY12-FY17.
"Return on labour (12 per cent CAGR) grew faster than return on capital (10.9 per cent CAGR) during FY12-FY17.
The government will come out with a national e-commerce policy within 12 months to facilitate achieving holistic growth of the sector.
At a time when the world is witnessing trade wars across nations, India too will be impacted.
Reserve Bank of India Governor Shaktikanta Das had, in the last Monetary Policy Committee (MPC) meeting, said that there is clear evidence of economic activity losing traction while giving the rationale for a rate cut.
Pakistan's chief justice Asif Saeed Khosa lamented that Pakistanis were only hearing "depressing" news these days -- on the state of the economy, politics and even from the cricket field.
Consumer confidence declined in May 2019 due to deterioration in sentiments on jobs, price levels and the economy, according to an RBI Survey.
At the interbank foreign exchange, the domestic unit opened almost flat at 69.70 against the dollar and then it strengthened by 5 paise to quote at 69.67 in early trade.
The total existing-home sales, completed transactions that include single-family homes, townhomes, condominiums and co-ops, fell 0.4 per cent from March to a seasonally adjusted annual rate of 5.19 million in April.
Aamir Khan was spotted at an economy class in a flight. Fans found him sitting at a window seat, unaware that he was being filmed.
Highlighting the economic achievements of the Modi government, Jaitley in his ninth part of 'Agenda 2019' series of blogs said the Central Statistical Organisation (CSO), which handles data management, always maintains an arm's length distance from the government and functions professionally and independently.
He also said the government has maintained the glide path towards achieving the fiscal deficit target of 3 per cent by 2020-21 and eliminate primary deficit.
Obstfeld, 66, -- who is set to retire this month-end -- will be succeeded by Gita Gopinath, the second Indian to be appointed to the position.
In India, MP has the largest reserves of diamond and copper.
Telangana, specifically Jubilee Hills, Hyderabad, is the headquarters of an international non-profit, the Indian Heart Association.
The former finance minister reacted after BJP president Amit Shah asked his party leaders to challenge Chidambaram and others from the opposition for an open debate on the government's economic policies based on facts and figures.
The immediate challenge for the Khan-led government is to arrange finances to fill about a USD 10 billion gap that is arising due to higher outflows than estimated inflows.
The Indian economy grew at 8.2 per cent in the first quarter of 2018-19 on good show by manufacturing and farm sectors.
The policy is valid for a period of 10 years, or till a new trade and export policy is announced.
US President Donald Trump cheered the numbers, holding an impromptu press conference outside the White House to tout the "amazing" growth and said "this is just the beginning".
Prudent macroeconomic and fiscal policy-making will help economies across the region prepare to respond to external shocks, ensuring that growth in the region remains robust.
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