-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...

-The Hindu Centre may fix a format which would include details such as designation. The Centre will soon make it mandatory for companies with more than ten workers to give appointment letters to employees at the time of joining — a move that would benefit millions of workers in the informal sector. An absence of legislation on the issue makes it difficult for workers, including those who are employed informally or via contractors...

-Business Standard Large green patches, apart from recorded forests, to get protection. Clarity to help industry In a move that is expected to have far-reaching consequences for protection of forests while ensuring ease of doing business for Mining Sector, realty sector and industry, the Union environment ministry has defined what constitutes a forest under the Forest Conservation Act 1980 (FCA). The legal definition, pending since 2006, will help in identifying areas where development...

-The Telegraph New Delhi: Official statistics suggest the juggernaut of India's economy has started to roll at a clattering pace. But some analysts stayed cautious, keeping in mind the low investment levels. The Central Statistical Organisation (CSO) today said the gross domestic product (GDP) - the broadest measure of the economy - had grown at a robust 7.9 per cent in the fourth quarter (January-March 2016), which enabled the government to fulfil...

-The Indian Express Mining has the distinction of being the most dangerous profession in India. Industry insiders concede that official numbers could be much lower than the actual deaths that take place deep inside the mines. Progressive improvements in the safety standard of India’s coal mines notwithstanding, every ten days last year there was a mining fatality in the country. And every third day last year, on an average, there was...