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Sunday, February 22, 2026
TopicCentre for Monitoring Indian Economy

Topic: Centre for Monitoring Indian Economy

India’s unemployment rate likely to soar to highest in a year due to second wave lockdowns

The unemployment rate is estimated to rise to much as 11% this month, while weekly unemployment numbers are now hovering above 14%, said the Centre for Monitoring Indian Economy.

India added 2.1 crore jobs in May, after hitting rock-bottom in April: CMIE

Only 28 crore people had jobs in April, down from 39.6 crore in March. But with partial lifting of lockdown, small traders & wage labourers got employed again.

PM Modi has a new problem: Confidence of Indians in economy drops sharply

Survey by Pew Research finds that 56% of surveyed Indians believe economic situation is good, down from 83% in 2017.

The great Indian middle class, in charts

Three economists, Neelanjan Sircar, Devesh Kapur, and Milan Vaishnav went around India asking: 'Do you call yourself middle class?'

On Camera

Youth Congress, your foolish protest helped the Modi govt climb out of the AI summit hole

In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.

In the West, there’s anxiety. In India, optimism—Rishi Sunak says India poised to be leader in AI

On Wednesday, the former UK Prime Minister Rishi Sunak was speaking in New Delhi at a Carnegie & Observer Research Foundation event on AI.

MoD, IAF agree on some exemptions to HAL for Tejas Mk1A, but no compromise on ‘must-have’ capabilities

IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.

No country is ever fully sovereign. Cold War era taught India its real meaning

India’s fraught neighbourhood places multiple constraints on its strategic choices. It leaves no time to take a deep breath, lean back and reset.