Unemployment in India to increase marginally in 2017-18:
ILO According to recently released World Employment and Social Outlook for 2017, the number of unemployed people in India is expected to rise by 1 lakh in 2017 and another 2 lakh in 2018. The report was released by the International Labour Organisation (ILO) with projections based on econometric modelling carried out in November 2016. The report has clubbed India in the category of emerging nations.
FIPB clears 6 FDI proposals worth Rs 1,200 crore
The Foreign Investment Promotion Board (FIPB) has approved six Foreign Direct Investment (FDI) proposals worth Rs 1,200 crore. Decision in this regard was taken by FIPB meeting headed by Economic Affairs Secretary Shaktikanta Das. It has approved the proposals of, Star Den Media Services, Sanofi Synthelabo India, Idea Cellular Infrastructure Services, Menarini India, Boehringer Ingelheim India and Recipharm Participation.
