November’s unemployment rate declines as the agricultural sector creates more jobs in rural areas.

Based on a drop in unemployment in rural areas during the rabi-sowing season, India’s total jobless rate in November dropped to 9.16% from a 29-month high of 10.05% in October, according to data from the Centre for Monitoring Indian Economy (CMIE). While the urban jobless rate increased to 9.39% from 8.44% in November, the rural…

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FDI equity inflow decreased 7.3% in Q2 to $9.54 billion.

According to government data, foreign direct investment inflows into the computer software and hardware, commerce, and construction industries sharply declined during the July–September quarter, resulting in a 7.3% year-over-year decline to $9.54 billion. FDI equity inflows for the April–September period totaled $20.4 billion, a 24% decrease from the previous year. Reinvested earnings and other capital…

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Over the following ten years, CIL plans to invest $54.5 billion in projects involving abated coal.

Speaking on the necessity of implementing abated coal solutions for the energy transition, Michelle Manook, Chief Executive Officer of the World Coal Association, which has since been renamed FutureCoal, said that Coal India Ltd. will invest around $54.5 billion in abated coal projects over the next ten years. The coalition believes that coal is essential…

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