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The government hopes the venture will generate one lakh direct and two lakh indirect employment per park. (Representional Image)

Textile parks to get over Rs 4,400 crore incentives

Parks will be developed by a special purpose vehicle which will be owned by the state government and the Centre

07 Oct 2021 7:30 AM

The additional funds will support the MFIs with lower grading. (Photo: PTI/Representational)

Sa-Dhan seeks additional Rs 7.5K crore credit guarantee

The guarantee cover was available up to March 31, 2022 or until the guarantees for Rs 7,500 crore loans were used up

06 Oct 2021 7:28 AM

The unemployment rate declined from 8.3 per cent in August to 6.9 per cent in September. (Photo: PTI/File)

Services, jobs in expansion mode

Post-loosening of pandemic restrictions, the services sector continued to expand in September

06 Oct 2021 7:23 AM

The FTP provides guidelines for enhancing exports in order to push economic growth and create jobs. (Photo: PTI)

Foreign Trade Policy to be extended till March

On March 31, 2020, the government had extended the Foreign Trade Policy (FTP) 2015-20 for one year till March 31, 2021

28 Sep 2021 9:13 AM

The seven-member panel would submit a report in two months. (Photo: ANI/File)

State ministers to review GST rates

The Group of Ministers looking at rate rationalisation will review the goods and services that are exempted from taxes

28 Sep 2021 8:36 AM

Cities like Bengaluru, Chennai, Hyderabad as well as the Delhi NCR market are the prominent cities. (Photo: PTI/File)

Demand for 3BHK, 4BHK goes up in metro cities

The preference for 3BHK apartments was 25 per cent in Q1 2020

23 Sep 2021 8:07 AM

LocalCircles had recently done a survey of consumers ordering food via aggregators. (Representative Image)

Food from small outlets, garments to pinch more

As per the GST rule changes, food aggregators like Swiggy and Zomato would need to raise their own invoices

23 Sep 2021 7:49 AM

Workers in higher income countries are more likely to hold jobs that match their education level. (Representational Image)

Top 10 per cent workers pocket 70 per cent labour income in India: ILO

In India, 39.6 per cent of employees have a job which matches their education

22 Sep 2021 7:12 AM

Amazon said it would investigate all allegations of corruption and take action. (Photo: AFP/File)

Amazon to probe bribery allegations on its lawyers

The report also pointed to a possible role played by another lawyer

21 Sep 2021 7:36 AM

The gems & jewellery industry too is witnessing a surge in exports. (Photo: PTI/Representational)

Consumption sectors step up hiring in August

Online hiring demand witnessed a positive growth of 24 per cent in August against July

21 Sep 2021 7:33 AM

Students with their parents, arrive to appear for NEET exam at Thakur College at Kandivali, in Mumbai. (PTI Photo)

A K Rajan Committee finds NEET useless

If NEET continued for a few more years, the health care system of Tamil Nadu would be very badly affected

21 Sep 2021 12:32 AM

The new recruitments are for transportation, hub and sorting centres and warehousing facilities in metros as well as non-metro cities. (Photo: PTI/File)

Flipkart to hire 1.15 lakh for festivals

The Big Billion Days require investments for capacity, storage, sorting, packaging, human resour-ces, training, and delivery

16 Sep 2021 7:54 AM

The government has already launched an Rs 18,100 crore PLI scheme for advanced chemistry cell. (Photo: AFP/File)

PLI for auto, drones cleared

The scheme to incentivise advanced automotive technologies for five years will lead to fresh investment of over Rs 42,500 crore

16 Sep 2021 7:18 AM

She said that that liquidity is no longer a major concern for the economy. The Bank-NBFC-MFI channel has been de-clogged and from October 15 there would be a special drive to provide credit to those who need it. — PTI

Finance Minister: DFI to be operational soon

The budget had allocated Rs 20,000 crore to capitalise the Development Finance Institution

14 Sep 2021 8:53 AM

The Supreme Court concluded that the judgment of the Madras High Court needs to be affirmed and it dismissed the appeals challenging that verdict while the appeals against the judgment of the Gujarat High Court were allowed. — PTI

ITC not admissible for services: SC

Hearing appeals on the contradictory judgements by Gujarat and Madras high courts, SC urged the GST Council to take a policy decision on it

14 Sep 2021 8:43 AM

Hiring of temporary staff has gone up and this year's hiring would be better than last year, but not as good as pre-pandemic years. There is no slump for the manufacturers. But retailers are cautious. — Representational image/AP

Retailers still cautious about festive season hiring

Retail stores usually hire more hands for in-store promotions and installations during the festive season

13 Sep 2021 8:40 AM

The survey analysed data from 1,300 companies. (Photo: PTI/Representational Image)

Salary hikes to keep pre-Covid range next year

In 2019, the actual salary hike stood at 9.3 per cent and it had dipped to 6.1 per cent in 2020

08 Sep 2021 9:09 AM

Through the Tamil Nadu Slum Clearance Board, the project will construct housing units in nine different locations and relocate about 6,000 households vulnerable to natural hazards to safer locations. — PTI

Tamil Nadu to get $150 million ADB fund for housing

Tamil Nadu’s housing shortfall accounts for 6.66 per cent of the national deficit

07 Sep 2021 2:01 AM

Gold prices in the international market are 12 per cent lower than their record high levels of $2,072 per ounce. — DC Image

Gold imports double in August

At 121 tonnes, gold imports in August were highest in five months and almost double of 63 tonnes imported in the same month last year

07 Sep 2021 1:51 AM

DMK, allies to hold black flag stir on Sep 20 in Tamil Nadu

The move is part of the proposed nation-wide joint agitation of the Opposition parties between September 20 and 30

06 Sep 2021 2:51 AM

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Mohan Guruswamy