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Bilal Kuchay - 1 India hasn't - 1 Herald van der Linde - 1 Morgan Stanley - 1 Ridham Desai - 1 Garre - 1 Bernstein - 1 Surendra Goyal - 1
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☆ CNBC's Inside India newsletter: Stocks have 'bottomed out.' Here's what 2025 has in store
  + stars: | 2025-01-09 | by ( Ganesh Rao | ) www.cnbc.com   time to read: +6 min
Fears of lofty valuation multiples alongside trimmed earnings expectations have led to a steady decline for the Nifty 50 . By my count, the Nifty 50 turned negative by the fifth trading day of the year in seven of the past 10 years. Many also believe that Indian equities, after their long slide, are now ripe for picking. Investor interest in India waned at the end of 2024 because of a pullback in Indian equities during that period. The dip in the market is a buying opportunity, he says, and names three Indian stocks to buy for 2025.
Persons: Bilal Kuchay, India hasn't, Herald van der Linde, Morgan Stanley, Ridham Desai, Garre, Bernstein, Surendra Goyal, Nifty, Donald Trump's, Kunal Desai, Desai, Eleswarapu, Pulkit, Goldman Sachs Organizations: Getty, Nurphoto, HSBC, Asia, Herald, Citi, National Statistical Office, Reserve Bank of, HDFC Bank, Indian Commerce Ministry, CNBC, TV18, Trump, BNP Locations: Samastipur, Bihar, India, China, Pulkit Patn
☆ South Korea planned a 69-hour workweek. Millennials and Generation Z had other ideas
  + stars: | 2023-03-18 | by ( Heather Chen Yoonjung Seo Andrew Raine | Heather Chen | Yoonjung Seo | ) edition.cnn.com   time to read: +5 min
The South Korean government was this week forced to rethink a plan that would have raised its cap on working hours to 69 per week, up from the current limit of 52, after sparking a backlash among Millennials and Generation Z workers. South Korean President Yoon Suk Yeol’s senior secretary said Wednesday the government would take a new “direction” after listening to public opinion and said it was committed to protecting the rights and interests of Millennial, Generation Z and non-union workers. “My own father works excessively every week and there is no boundary between work and life,” he said. South Korean people will (remain) vulnerable to deadly overtime work.”Pedestrians in downtown Seoul. Even when the limit was cut to 52 hours, cases of “gwarosa” continued to make the headlines.
☆ India's jobless rate rises to 16-month high of 8.30% in Dec - CMIE
  + stars: | 2023-01-01 | by ( Manoj Kumar | ) www.reuters.com   time to read: +2 min
NEW DELHI, Jan 1 (Reuters) - India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous month, data from the Centre for Monitoring Indian Economy (CMIE) showed on Sunday. The urban unemployment rate rose to 10.09% in December from 8.96% in the previous month, while the rural unemployment rate slipped to 7.44% from 7.55%, the data showed. "Most importantly, the employment rate has increased in December to 37.1%, which again is the highest since January 2022," he told Reuters. The unemployment rate had declined to 7.2% in the July-September quarter compared to 7.6% in the previous quarter, according to separate quarterly data compiled by state run National Statistical Office (NSO) and released in November. In December, the unemployment rate rose to 37.4% in the northern state of Haryana, followed by 28.5% in Rajasthan and 20.8% in Delhi, CMIE data showed.
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