Formal sector

Formal sector's direct overseas investment plunges 67 per cent to USD 754 million in February 2022

Of the total invested amount during the last month, USD 237.84 million was in the form of equity infusion, USD 230.06 million as loan and USD 285.72 million by way of issuance of guarantee.

published on : 10th March 2022

Labourer acquitted in 2020 murder case for lack of evidence

Among the evidence presented in court was a cement block found at the footpath near the Metro Station as well as a shirt, allegedly worn by the accused at the time of the offence. 

published on : 31st January 2022

Formal sector may see subdued profit growth, margins for third quarter of FY 2023

Rating agency Crisil estimates that earnings before interest, taxes, depreciation and amortisation (EBITDA) margins likely dropped 100-120 basis points (bps) year-on-year.

published on : 12th January 2022

Finance minister Nirmala Sitharaman nudges formal sector to invest more, take risks 

Talking about India's dependence on imports, even on essential items like PPE kits, Sitharaman said the private sector has to walk the extra mile to support growth momentum.

published on : 18th November 2021

Work from office to help in recovery of informal sector 

Moreover, the sector discounts the theory that companies find it more convenient if employees work from home, as they can save money on overheads.

published on : 16th September 2021