News: The government may raise the minimum wages in the country by as much as 25% and also make them binding on all states, a move aimed at improving the lifestyle of the poor and giving an indirect boost to the rural economy. A senior government official said that the ...

News: Prime Minister Narendra Modi is likely to announce a financial package for Jammu & Kashmir on August 15 on Independence Day. “If everything goes well, the announcement will be made on August 15. It may well be over Rs 1 lakh crore,” said a senior member of the PDP-BJP ...

News: India is expected to witness “stable growth momentum” while mixed trends are anticipated in other major developing and developed countries, Paris-based think tank OECD said. Neighbouring China as well as Brazil are projected to see a loss in growth momentum, according to the Organisation for Economic Cooperation and Development ...