The issue of rising unemployment and job losses has become a major embarrassment for the government. In the run up to the elections in 2014, PM Modi had promised his govt would create 2 crore jobs every year.

Refusing to comment on the leaked details of the NSSO survey, Niti Aayog Vice Chairman Rajiv Kumar said the official employment report will be released by March after collating quarter-on-quarter data.

Suppression of unpleasant employment data will not help; proper analysis of such data and strategic planning will do.

On Tuesday, two non-governmental members of the NSC, PC Mohanan and JV Meenakshi, had stepped down amid 'disagreements' with the government over the functioning of the commission.

SBI likely to own 15% stake in Jet Airways, Etihad 40%, say reportsJet Airways creditor State Bank of India is likely to own 15 percent of the airline if the cash-strapped carrier's plan for a debt-for-equity swap is approved, Indian TV channels reported on Tuesday. With debts of about $1.14 billion, Jet has been hit by fierce competition from other low-cost carriers, a weaker rupee and high oil prices. It owes money to banks, pilots, vendors and lessors, some of whom are considering taking b...

PC Mohanan, who was the acting chairman of the NSC, and JV Meenakshi, an NSC member, stepped down from the National statistical commission on Monday.

Union minister Piyush Goyal has been handed the additional charge of Ministry of Finance, Reliance Communications (RCom) saw its net loss widen in the third quarter of the current fiscal, Microsoft's Bing search engine goes offline in China. This and other news on News Blast

Ma says he hires anyone he thinks could be his boss in the next 4-5 years.

WEF 2019: Urbanisation to be big driver of Indian economic growth, says KantUrbanisation will be a big driver of economic growth in India going forward, supported by favourable macroeconomic factors, accelerated infrastructure building and continuing reforms, NITI Aayog CEO Amitabh Kant said at an event on the sidelines of the World Economic Forum Annual Meeting in Davos. He also said the Indian economy may even exceed the IMF growth forecast of 7.5 per cent for the country.Pension fund regul...

\"The best minister in the government should be given the responsibility of the human resource development ministry,\" said former RBI governor Raghuram Rajan.