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Category Archives: Economy

Economists React to Strong Jobs Report: United State

DOMESTIC JOB GROWTH rebounded last month after a lackluster April, as the unemployment rate ticked down to its lowest level in more than 18 years, according to a report published Friday by the Bureau of Labor Statistics. At 3.8 percent, the national unemployment rate is

Odisha CM launches 19 industrial projects worth Rs 2,675 cr

Odisha Chief Minister Naveen Patnaik on Monday launched 19 industrial projects with an investment of Rs 2,675 crore, which will create employment opportunities for 8,953 persons. The Chief Minister performed the ground-breaking ceremony for 12 new industrial projects and inaugurated seven projects through video conferencing

Fuel on Fire in India

India stands at the crossroads of one of the biggest fuel crisis since Independence. Fuel prices, both diesel and petrol, have sky-rocketed with public crying for respite from all quarters. Sensing great opportunity for political mileage, the oposition stands united in slamming the government over

India’s growth rate highest among BRICS nations

India has been recording the highest growth rate amongst the Brazil, Russia, India, China and South Africa (BRICS) economies, a KPMG report said here on Thursday. According to the report titled “India Soars Higher”, in spite of some reformative steps that slowed the growth momentum