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.
Q3 results today: Vedanta, Nestle among 134 companies to announce earnings on Friday
The third quarter earnings results will be announced by 134 companies, with key players such as Nestle India, IndusInd Bank, Sun Pharma, ONGC, Vedanta, and