In general white-collar workers, and workers in advanced economies in general, are projected to be at a greater risk than blue collar workers in developing countries.
The proposed bill is quite ambitious in its scope and will significantly modernise the legal framework governing the sector.
India’s market cap soared to $4.33 trillion, establishing the country as the world’s fourth largest stock market, replacing Hong Kong.
“There are approximately 4,000 claims remaining to be decided but a majority have been decided. This has given substantial relief to a number of MSMEs. Also, this makes them eligible for further credit, for further supply,” he said.
The average rise in annual prime residential prices was recorded at 2.1 per cent across the 46 markets in the 12-month period ending September 2023. This is the strongest growth rate recorded since Q3 2022 and reflects 67 per cent of cities seeing growth on an annual basis, it said.
India’s antitrust body has appointed three new members to oversee cases, including a former government official from the commerce ministry and a former interim compliance officer of WhatsApp, reported Reuters quoting sources.
Governor Das advised NBFCs and HFCs to remain alert to avoid any complacency during good times.
Analysts do not expect any adverse asset quality trends during the quarter
Small savings schemes play a crucial role in government finances as Centre and some states borrow against the National Small Savings Fund.
The IMF said it expects global economic growth to slow to 2.9 per cent in 2024 from an expected 3 per cent this year. The forecast for next year is down a notch from the 3 per cent it predicted back in July.