-The Hindu BMS chief Hiranmay Pandya said workers face low wages, lack of job security and social security benefits, and had to suffer poor working conditions this year On the second day of the Asia Pacific Regional Meeting of the International Labour Organisation (APRM of ILO), representatives of workers and employers from India on Wednesday highlighted the employment situation in the country. While employers hailed the Union government’s steps to “help” workers...

-The Hindu Business Line Under-invoicing of imports is just one part of the story. Data asymmetries have many other factors. The trade data mismatch of India and China has attracted wide coverage from both electronic and print media. This mismatch is attributed to ‘under-invoicing’ by Indian importers for the imports originating from China. There is mismatch of $12 billion with China reporting its exports to India over $103 billion. Indian agencies, on the...

-Financial Express SEA has stated that the ban on futures trade has deprived importers of hedging their price risks in rupee-denominated soya oil and crude palm oil futures on Indian exchanges. The Solvent Extractors’ Association (SEA) of India, a body of edible oil manufacturers, on Monday demanded lifting of ban on futures trade in soya oil and crude palm oil (CPO) on the commodity exchanges imposed on December, 2021, to ensure risk...

-Press release by International Labour Organisation dated 12 September, 2022 Latest estimates show that forced labour and forced marriage have increased significantly in the last five years, according to the International Labour Organization, Walk Free and the International Organization for Migration. GENEVA (ILO News): Fifty million people were living in modern slavery in 2021, according to the latest Global Estimates of Modern Slavery. Of these people, 28 million were in forced labour...

-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...