Arvind Panagariya believes India’s job challenge lies in reallocating capital to labor-intensive sectors rather than creating jobs. He emphasizes that too much capital is tied up in industries like machinery and pharmaceuticals that don’t hire many workers. Panagariya suggests redirecting capital to sectors that generate more jobs per investment, stressing the upcoming budget as a critical policy statement.
NSE, BSE, Groww, other capital market stocks rise up to 3% as Sebi revises CAS framework. What traders must know
SEBI has revised the Closing Auction Session framework, changing market timings, order transfer rules and settlement price calculations for derivatives. The updated rules will take
October 16, 2026