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The Economic Times Economic survey 2024: India’s unemployment drops to 3.2%, but 78.5 lakh non-farm jobs needed each year until 2030

The Economic Survey 2024, presented by Union Finance Minister Nirmala Sitharaman, offers a comprehensive view of India's labour market improvements and future needs. Despite a notable drop in the unemployment rate and significant strides in female labour force participation, the survey underscores the pressing requirement to generate 78.5 lakh jobs annually in the non-farm sector until 2030.

The Economic Times India Inc profits rose but not hiring; AI is last thing a lower-middle economy needs, says Economic Survey

The Survey said corporate capex's focus on Dwellings, other buildings and structures’ and not machinery is not a healthy mix.

The Economic Times Economic Survey 2024 lays medium-term growth strategy for Viksit Bharat by 2047

The Economic Survey 2023-24 sets a clear and ambitious plan for India’s economic future. By addressing immediate challenges and focusing on strategic growth areas, India can pave the way for a prosperous, inclusive, and sustainable future, aligning with the broader goal of becoming a developed nation by 2047.

The Economic Times FM Nirmala Sitharaman underlines steps taken on enhancing ease of biz, raising IBC staff strength

Nirmala Sitharaman informed the Parliament that the issue of NCLT and NCLAT appointments were being taken up seriously and would be done speedily.

The Economic Times Economic Survey: FM Sitharaman decriminalizes 63 offences to boost business

The Economic Survey, an annual document prepared by the Department of Economic Affairs, provides a comprehensive assessment of the current economic situation and outlines prospects for the short-to-medium term.

The Economic Times Economic Survey 2024 Warns: AI's impact on Indian job market

In the recently presented Economic Survey 2023-24, the government addressed the question of AI's impact on employment. The survey stated that the advent of Artificial Intelligence casts a huge pall of uncertainty as to its impact on workers across all skill levels – low, semi, and high.

The Economic Times Economic Survey 2024 highlights India's manufacturing aspirations amid complex China dynamics

While India is poised for significant growth and aims to bolster its manufacturing sector, the Economic Survey 2023-24 highlights the complex and challenging landscape shaped by China's entrenched position in global supply chains.

The Economic Times Economic Survey 2024: Indian economy poised for 6.5-7% growth in FY25, addresses employment, inflation, and inequality challenges

Economic Survey 2024 forecasts a robust 6.5-7 per cent growth in FY25, highlighting strong post-Covid recovery and stable economic footing despite global challenges.

The Economic Times Budget 2024 will lay foundation for dream of Viksit Bharat by 2047: PM Narendra Modi at the start of Parliament’s Budget session

Budget 2024 expectations: This Budget is an important budget for Amrit Kaal. Today's budget will decide the direction for the next 5 years of our term, said PM Modi. Finance Minister Nirmala Sitharaman will present the first full Budget of the newly elected NDA government on July 23, 2024.

The Economic Times Joe Biden withdraws from US presidential race, endorses Kamala Harris as Democratic presidential nominee

US President Joe Biden has announced his decision to'step down' as the Democratic Party's Presidential candidate in the upcoming elections, following concerns about his mental stability and lack of confidence to beat Donald Trump. Biden's term ends on January 20, 2025, and he has endorsed his colleague and current Vice President Kamala Harris as his pick to run for the US Presidency.

The Economic Times Early birds report muted profit growth for April-June

The first-quarter results season shows double-digit revenue growth, but profit growth slows down. Banks and finance companies lead the way with strong performances. Stay updated as more companies announce their results in the coming weeks.

The Economic Times The economic impact of India's crypto legislation on the global market

This has been driven by India’s Cryptocurrency and Regulation of Official Digital Currency Bill, 2021, which is yet to be tabled but is becoming an era-appropriate necessity. Presently, cryptocurrencies are taxed at 30% on the earnings, while a further 1% is deducted from earnings

The Economic Times Budget 2024: Economic Survey to be presented today, a day before Budget

Budget 2024: Nirmala Sitharaman will present the Economic Survey before Budget 2024-25. GDP forecast rose to 7.2%, IMF predicts 7% growth. Inflation at 4.5%, retail inflation up. Fiscal deficit pegged at 5.1%. Capital expenditure increased by 11.1%, no tax hike before elections. RBI's repo rate combats inflation. President grants pre-budget permission before parliamentary debates.

The Economic Times Nirmala Sitharaman set to make history with seventh consecutive Union Budget

Budget 2024: Finance Minister Nirmala Sitharaman will present her seventh paperless budget on July 22 during the Monsoon Session. Engaging with economists, MSMEs, trade unions, and the CII, the focus is on capital expenditure and employment growth. Farmers seek higher agriculture allocations. Six bills, including Bhartiya Vayuyan Vidheyak 2024 and the budget for Jammu and Kashmir, will be presented.

The Economic Times Unease spreads through D-Street over ‘regulatory risks’

Investors on Dalal Street are concerned about regulatory risks as authorities discuss curbing speculative trading. With the budget approaching, there is debate over potential tax changes on equities. Market shows mild signs of worry, but experts suggest a relief rally if current tax structure remains unchanged.