scorecardresearch
Tuesday, July 29, 2025
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

Dhankhar’s resignation: How Modi-Shah’s ‘capable’ BJP has served another strong message to RSS

One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.

Unclaimed deposits worth Rs 67,000 crore lying in banks, 87% in public sector banks alone, Parliament told

SBI holds Rs 19,239 crore in unclaimed deposits, or 26% of the abandoned money in public banking system. PNB, Canara Bank follow.

India wanted a stable, prosperous Pakistan but our peace efforts were mistaken for weakness: Rajnath

Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.