Tag: Soumya Kanti Ghosh

Core sector output growth slows to 4.9 % in November

New Delhi: The eight core industries recorded a year-on-year growth in output of 4.9 per cent in November 2016, slower than the previous two months – that is, a 6.6 per cent increase in October and 5.01 per cent in September. Output in electricity and coal posted healthy growth rates of 10.…

Demonetisation Effect | 400,000 jobs to suffer; e-Commerce to be worst hit

With demonetisation set to reduce India’s economic growth by 1% over the next one year, the job market is likely to see over 400,000 job cuts. You should worry if you work in the e-commerce sector, since firms could handover around 200,000 pink slips in the next one year. “Cash on delivery being …