Swaminathan Aiyar and Maneesh Dangi discuss the global shift from manufacturing to services, highlighting the challenges that tariffs and mechanization pose for job creation in manufacturing. In India, manufacturing struggles despite support measures, while the services sector thrives. The political reluctance to reduce non-wage costs hinders formal employment growth in the manufacturing sector.
Rs 23,000 crore outflows! Is the September FII rout indicating a worse end to 2026?
Foreign investors have resumed selling Indian equities in September, with FPI outflows crossing Rs 23,000 crore through September 19. Higher crude prices, elevated US bond