The nature of household labour is such that it doesn’t directly come under contractual labour, which is influenced by monetary exchange. Yet household labour is essential for the survival of the economy. The contribution of this segment is rarely recognised in terms of GDP and its economic value i...
There is good news for employers who faced problems in transferring the provident fund accounts of their employees who chose to shift to other companies. Previously, the process to transfer the employee’s provident fund was cumbersome but with the newly introduced ‘Form 11’, issued by EP...
Richard Thaler, a behavioural economist has won the Nobel Prize in economics this year for his pioneering work in this field. The Royal Swedish Academy of Sciences, which awarded the £845,000 prize, praised Thaler for incorporating psychological assumptions into analyses of economic decision-making...
India signed an agreement with Bangladesh providing $4.5 billion credit line for infrastructure projects. The loan was announced during Bangladesh’s Prime Minister Sheikh Hasina’s visit to India in April and is perhaps the biggest Line of Credit (LoC) provided by India to any country. After the ...