The 30-day moving average unemployment rate has been rising since the middle of November, crossing 8% at the end of the month. According to different indices, job growth remained unequal, while inflation for industrial employees continued to climb, indicating a potential deterioration of the labour situation. Already, low rural salariesRead More →

Recently, the data centre industry has garnered investments from a plethora of firms, including announcements from industrial conglomerates such as Adanis and Hiranandanis. MUMBAI: Kotak Alternate Assets, administered by Kotak Investment Advisors Limited (KIAL), has launched the Kotak Data Centre Fund, which would invest heavily in the data-driven digital economy,Read More →

Moody’s Investors Service stated on Tuesday that India’s pattern of gradual fiscal reduction will continue, adding that the country will witness excellent revenue performance and debt stablisation in the future. According to Moody’s Investors Service Senior Vice President Christian de Guzman, India’s sovereign rating of ‘Baa3′ balances its strength ofRead More →