Job-growth

Manufacturing industries clock 7.4 pc job growth in India, highest in over a decade

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Manufacturing industries clock 7.4 pc job growth in India, highest in over a decade

New Delhi: The total estimated employment in manufacturing industries showed a robust growth of 7.4 per cent in the fiscal 2022-23 over the previous year, according to the latest government data. The employment rose to 1.84 crore in 2022-23 from 1.72 crore in 2021-22 — highest-ever increase in the sector in more than a decade, … Read more

U.S. inflation ticked up in February, driven by higher rent and gas prices

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U.S. inflation ticked up in February, driven by higher rent and gas prices

U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June interest rate cut from the Federal Reserve. The consumer price index (CPI) rose 0.4 per cent last month after climbing 0.3 per cent in January, the Labour Department’s Bureau of Labour Statistics … Read more