India can look for another year of solid economic performance: CEA V Anantha Nageswaran

India can look for another year of solid economic performance: CEA V Anantha Nageswaran

Enthused by higher than expected GDP number in the fourth quarter of FY23, Chief Economic Adviser V Anantha Nageswaran on Wednesday said India can look for another year of solid economic performance. India’s economy grew by 6.1 per cent in the January-March quarter of 2022-23, pushing the annual growth rate to 7.2 per cent on … Read more

Unemployment declines further to 6.8% in Q4 FY23: PLFS

Unemployment declines further to 6.8% in Q4 FY23: PLFS

A better than expected economic activity in the fourth quarter and a strong services sector-led growth contributed to urban unemployment declining further to 6.8% from 7.2% in the previous quarter. The unemployment rate for both males and females aged 15 years and above declined to 6.8% in Q4FY23, way below 8.2% during a similar period … Read more

India’s economy seen growing 9.2 pc in FY22 on upbeat rural sector, uptick in credit demand: BoB

India’s economy seen growing 9.2 pc in FY22 on upbeat rural sector, uptick in credit demand: BoB

India’s economy is expected to have grown at 9.2 per cent in the fiscal ended March 2022, after having contracted by 7.3 per cent in the previous financial year, aided by resilience in the rural economy, uptick in bank credit and rising GST collections, a note by Bank of Baroda said. As per government’s advance … Read more

ESIC scheme adds 15.26 lakh new members in December

ESIC scheme adds 15.26 lakh new members in December

Around 15.26 lakh new members joined the ESIC-run social security scheme in December 2021 against 10.39 lakh in the previous month, official data showed on Friday, giving a perspective on formal sector employment in the country. The latest data is part of a report released by the National Statistical Office (NSO). Gross new enrolments with … Read more

Unemployment rate in January-March quarter of 2020-21 cools to 9.3%

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Unemployment rate in urban India in the January-March quarter of 2020-21 cooled down further to 9.3% and inched closer to the pre pandemic level of 9.1% in the corresponding quarter of 2019-20 after touching an all-time high of 20.8% in the first quarter of 2020-21. The unemployment rates had stood at 13.2% in the July-September … Read more

NSO Ended Pegasus Contract With UAE Over Dubai Leader’s Hacking

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The Israeli-based NSO Group ended its contract with the United Arab Emirates to use its powerful “Pegasus” state spyware tool because Dubai’s ruler was using it to hack the phones of his ex-wife and some close to her, her lawyers told England’s High Court. Sheikh Mohammed bin Rashid al-Maktoum, vice president and prime minister of … Read more

Government hiding on Pegasus issue, responsible for Parliament logjam: Congress

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Accusing the BJP dispensation of being responsible for the logjam in Parliament, the Congress on Thursday said the government was “avoiding” discussion on the Pegasus snooping issue in both the Houses as it has “much to hide”. It also accused the BJP MPs of “collectively insulting” Parliament by their behaviour in the meeting of the … Read more

Turn Off, Turn On: Simple Step Can Thwart Top Phone Hackers

As a member of the secretive Senate Intelligence Committee, Sen. Angus King has reason to worry about hackers. At a briefing by security staff this year, he said he got some advice on how to help keep his cellphone secure. Step One: Turn off phone. Step Two: Turn it back on. That’s it. At a … Read more

Amnesty urges moratorium on surveillance technology in Pegasus scandal

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Allegations that governments used phone malware supplied by an Israeli firm to spy on journalists, activists and heads of state have “exposed a global human rights crisis,” Amnesty International said, asking for a moratorium on the sale and use of surveillance technology. In a Friday statement, the NGO warned of “the devastating impact of the … Read more

Pegasus Spyware: Algeria Launches Probe Into Targeting Claim

Algeria on Thursday expressed “deep concern” following press reports that it may have been the target of the Israeli-made Pegasus spyware as it launched a probe. The foreign ministry denounced what it termed an  “inadmissible, systematic attack on human rights and fundamental freedoms” and singled out neighbouring Morocco for “spying on Algerian officials and citizens”. … Read more