All the key economic indicators have been on a downward swing for quite some time. If this slide is not checked India may slip into recession sooner than later. In this first part of a two-part series, the article looks at what the major economic indicators are telling about the state of Indian economy

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Real wage in China is likely to grow at 2.9 per cent, down from 3.2 per cent last year and 4.2 per cent the year before. Meanwhile, Japan is expected to see a real-wage growth of 0.6 per cent

Ratul Puri will however remain in jail as he was also arrested in another case - the one related to bank fraud

India's unemployment rate remains high for the month of November 2019 at 7.48% amid lowest labour participation rate of just 42.37%

As the economy goes into a tailspin, jobs across industries are becoming a casualty

Why the Sensex is on fire even as the economy hurtles downhill

Out of 64.27 lakh people who trained under Modi government's ambitious Pradhan Mantri Kaushal Vikas Yojana (PMKVY), only 14.43 lakh people got placements. This indicates that only 22.45 per cent have secured placement under PMKVY, which was launched by Prime Minister Narendra Modi in 2015

An improvement in exports to the US, the key market for Indian drug manufacturers, drove the growth in overall exports from India

Moreover, the IIP estimates for August 2019 have undergone the first revision and those for June 2019 have undergone the final revision in the light of the updated data received from the source agencies

India's tech services sector is struggling to keep up revenues. Recently, Cognizant said it would remove 10,000 to 12,000 mid-to-senior level employees

The data showed the service sector is the only industry that is \"driving the growth jobs in the non-farm sectors, while employment growth in construction has decelerated along with a fall in manufacturing employment during 2011-12 and 2017-18\"

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Coal minister Pralhad Joshi directed Coal India to take necessary steps to achieve its goal 10,000 recruitments and assured all possible help from the ministry in this regard

The unemployment rate for the month is highest since August 2016, reflecting an overall economic downturn in the country

The Trump administration rejects over 25 per cent of H-1B visa applications; Nirav Modi files bail application citing anxiety and depression; India's employment figures show an increase as compared to last year and more news on News Blast.

Job growth improves in May-August; low-skilled jobs dominate: CMIEDespite ongoing economic slowdown, India's employment figures have remained steady during recent months. Employment in India increased by 25 lakh from May to September 2019, according to a Centre for Monitoring Indian Economy (CMIE) survey. As per CMIE data, an estimated 40.49 crore persons were employed in India during May-August 2019, compared to 40.24 crore people employed during these months a year-ago. This tra...

Cognizant plans to simplify the way it works, lower its cost structure and fund investments. The company would remove 10,000 to 12,000 mid-to-senior level employees from their current roles.

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