I am a big believer in investment-led growth and that is one big area that we need to sustain: Sanjeev Sanyal

I am a big believer in investment-led growth and that is one big area that we need to sustain:  Sanjeev Sanyal

Sanjeev Sanyal, Member, PMEAC, says “generally speaking, the economy is in good nick. The game really is not whether the numbers are good now and whether or not we can compound it over 25 years if we want to be a developed country. The real issue is not whether we are generating good numbers now. … Read more

Lower govt borrowing to prop up growth, moderate inflation, says RBI Governor Shaktikanta Das

Lower govt borrowing to prop up growth, moderate inflation, says RBI Governor Shaktikanta Das

Reserve Bank Governor Shaktikanta Das on Monday said lower government borrowings than the market estimates will free more capital for the private sector resulting in easing of inflation and bolstering growth. “This year’s borrowing is lower than what initially the markets had expected. Lower quantum of borrowing means…it would ensure that much more resources will … Read more

46% of private sector employees concerned about job security in 2024: Survey

46% of private sector employees concerned about job security in 2024: Survey

A survey by AmbitionBox, a platform for company reviews and salary insights, has revealed that 81% of respondents were happy with the hybrid or remote work model in 2023. A substantial 52% of employees expressed a desire for its continuation in 2024, underscoring a widespread reluctance to return to a conventional 5 or 6-day work … Read more

Record fresh capital raised via IPOs this year points to capex revival

Record fresh capital raised via IPOs this year points to capex revival

Mumbai: Fresh capital raised via initial public offerings (IPO) this year has surged to the highest in more than a decade, pointing to the long-awaited revival in capital expenditure by India’s private sector that believes a rapidly expanding economy will soon stretch existing capacities. About half the initial public offerings proceeds of ₹27,435 crore garnered … Read more

Private sector invests Rs 15,164.25 crore in road construction till November this fiscal

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Private sector investment in road construction till November this financial year stood at Rs 15,164.25 crore, Parliament was informed on Thursday. In a written reply to the Lok Sabha, Road Transport and Highways Minister Nitin Gadkari said private sector investment in road construction in 2020-21 and 2019-20 was Rs 12,475.53 crore and Rs 21,925.98 crore, … Read more

Technology is paving way for Digital Transformation in the healthcare industry – ET HealthWorld

technology is paving way for digital transformation in the healthcare industry

By Sandeep Bhambure The COVID-19 pandemic has severely disrupted the healthcare sector in India, bringing to light the social inequities within the industry. It has highlighted the urgent need to address these issues in order to stabilize as well as strengthen the overall system and drive the growth in the healthcare sector. This also accelerated … Read more

Haryana to implement reservation in private jobs from May 1

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Haryana’s private job reservation law which provide 75 per cent employment opportunities in private sector for people belonging to the state will come into force from May 1, said Deputy Chief Minister Dushyant Chautala on Friday while inaugurating the newly constructed flyover near village Bandhwadi on the Gurugram-Faridabad road. The deputy CM stated that after … Read more

Niti Aayog: Only a few PSUs to remain in strategic sectors, says Niti Aayog CEO

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(This story originally appeared in on Feb 04, 2021) NEW DELHI: Niti Aayog CEO Amitabh Kant says there will be a few PSUs in strategic sectors once the public sector policy is rolled out and the Budget for 2021-22 has sent out a strong message about government‘s reformist zeal. Excerpts: There is a huge thrust … Read more

Tax relief for private company staff too for LTA spends on consumer goods

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NEW DELHI: Private sector employees who opt to spend their leave travel allowance on the purchase of consumer goods, along the lines of the latest scheme unveiled for central government employees, will be eligible for tax exemption.“Tax benefit would be available… Mechanism is being examined and a clarification would be issued shortly,” a government official … Read more

Divest governance of PSBs from govt, says former RBI deputy governor NS Vishwanathan

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Privatisation is a bigger political decision and not an economic one alone, Vishwanathan said, adding that a bank holding company needs to be created first. (Representational image) Former Reserve Bank deputy governor N S Vishwanathan on Tuesday said there is a need to separate governance of state-run banks from the government and pitched for doing … Read more