Resilience or stress?
Financial Express Lucknow|December 27, 2024
Employment in informal manufacturing enterprises is not back to pre-demonetisation levels

The official narrative on the findings of National Statistical Office's latest Annual Survey of Unincorporated Sector Enterprises (ASUSE) 2023-24 is that it indicates robust recovery from the disruption caused by Covid-19. Key metrics such as the number of establishments, workers, wages, and productivity show significant year-on-year growth although this partly reflects the fact that the favourable base effect created by the pandemic is still playing out.

Even so, this has implications for the India growth story as it depends on the health of the vast number of unincorporated non-agricultural enterprises – which are not legally registered as companies – that belong to the informal sector. These enterprises are not just stand-alone entities but also support the incorporated or formal sector by acting as suppliers and services providers, thereby forming an integral part of the domestic value chain. These small businesses contribute 28 to 30% of the nation's output of goods and services or GDP and 40% of employment.

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Financial Express Lucknow

Assocham calls for eliminating coal cess

INDUSTRY BODY ASSOCHAM has pitched for the removal of coal cess stating that the move will support power-intensive industries like aluminium and maintain competitiveness of the domestic industry.

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1 min  |
January 20, 2025
Financial Express Lucknow

We are living in a 24x7 economy

A FEW DAYS AGO, L&T chairman SN Subrahmanyan's comments on the 90-hour work week, and \"how long can you stare at your wife\", followed by company's HR head Sonica Muraleedharan's subsequent clarificatory statement, have sparked widespread public debate.

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3 dak  |
January 20, 2025
Financial Express Lucknow

Chennai Express charges ahead

Refined, familiar, and the fastest Creta ever produced, with more than 400 km real range

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2 dak  |
January 20, 2025
Financial Express Lucknow

LTIMindtree hopeful of sustaining growth momentum going ahead

FY26 TO OUTPERFORM FY25, SAYS MD & CEO

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1 min  |
January 20, 2025
Financial Express Lucknow

Skilling shouldn't be on a budget

● Focus on women, migrant workers, infrastructure

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2 dak  |
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Financial Express Lucknow

A big display for entertainment

• A budget phone that provides a hasslefree experience

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1 min  |
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Financial Express Lucknow

The promise and perils of agentic AI

● Guardrails are needed for its safe and responsible use

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2 dak  |
January 20, 2025
Financial Express Lucknow

Trump Holds Victory Rally Ahead of Inauguration

Mukesh, wife Nita to attend the event

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1 min  |
January 20, 2025
Financial Express Lucknow

Protesters storm court after it extends Yoon's detention

HUNDREDS OF SUPPORTERS of South Korea's arrested president, Yoon Suk Yeol, stormed a court building early on Sunday after his detention was extended, smashing windows and breaking inside, an attack the country's acting leader called \"unimaginable\".

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1 min  |
January 20, 2025
Financial Express Lucknow

These Men in Blue break boundaries for the disabled

ON JANUARY 7 this year, a 17-member Indian cricket team was given a warm send-off for a four-nation Champion Trophy tournament in Sri Lanka.

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2 dak  |
January 20, 2025