The government on Wednesday said that the manufacturing sector will create around 3-4 million jobs during the 12th five year plan between 2012-17.

"Generation of employment is a function of econom

China may need a back-up plan to stop economic growth being cut short by a surprise dip in demand at home and abroad that suggests monetary policy easing steps taken since the final quarter of last ye

India's wholesale price index (WPI) rose a faster-than-expected 7.23 per cent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on Monday

Claiming that the US economy is getting stronger, President Barack Obama, has said it is time that businesses move back their manufacturing from China, as he hit's the campaign trail this week.

"The

Indicating sharp slowdown in the economy, industrial production declined by 3.5 per cent in March mainly on account of contraction in manufacturing and mining output.

Growth in the factory outp

Expressing unhappiness over the contraction in industrial output numbers, Finance Minister Pranab Mukherjee on Friday said slowdown in global demand and investment activity has impacted IIP.

"T

The pace of growth in India's factory sector inched up in April, supported by bulging order books, but slower output growth and increasing price pressures dampened sentiment, a business survey showed

Most Indian firms have recovered business confidence, but stagnancy in reforms, high interest rates and increased raw material costs still remain top concerns, according to a survey by industry lobby,

China's factories stabilised in April as output ticked higher, new business rose from multi-month lows and export orders perked up, though not sufficiently for a private sector survey of purchasing ma

The Indian economy and businesses are passing through difficult times due to lack of reforms and governance, but the sentiments are even worse than the reality, said Adi Godrej, chairman of the Godrej