ACTU report: Low wages bad impact on Australians

The Australian Council of Trade Union says that low wages has led to many Australians taking multiple jobs. The secondary jobs are acquired in healthcare, education and social assistance. The reason behind the situation is low wages in their primary ..

2019 National Productivity Week (NPW)

The National Productivity Council (NPC) has started the celebration of its 61st Foundation Day on 12th February with the theme “Circular Economy for Productivity & Sustainability”. NPC observed foundation day as National Productivity Day (NPD) and the National Productivity Week ..

India’s GDP forecast is 7.3% for FY19, as per World Bank’s 2019 Global Economic Prospects report

The World Bank has recently released 2019 Global Economic Prospects report titled “Darkening Skies”, which forecasted that India’s GDP is expected to grow at 7.3% in the fiscal year 2018-19, and 7.5% in the following two years. While, China’s economic ..

William Nordhaus and Paul Romer awarded as 2018 Nobel Prize for Economics

US duo William D. Nordhaus and Paul M. Romer have won the 2018 Nobel Memorial Prize in Economic Sciences for research “about innovation, climate and economic growth”. Laureate Romer was honoured for his work on the endogenous growth theory, which ..

ADB projects India’s GDP growth to 7.3%

According to Asian Development Bank (ADB)’s latest report “Asian Development Outlook (ADO)”, India’s GDP growth has been projected to rise 7.3% in current fiscal year FY19 (2018-19). The report, which was published in April 2018, stated that Indian economy’s growth ..

UN World Economic Situation and Prospects (WESP) report of mid 2018, India’s economy projected to grow 7.6%

As per latest UN World Economic Situation and Prospects (WESP) report of mid 2018, India’s economy is projected to grow 7.6% in fiscal year 2018-19 and 7.5% for FY 18. This is a substantial recovery from the 6.7% growth India ..