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Friday, May 1, 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

India’s real estate will meet the reality of agentic AI

New Delhi: The outsourcing industry, India’s largest white-collar employer, is a juggernaut that has all but stopped moving. The dollar revenue at the top...

Adani’s giant copper plant hits technical setbacks in first year

The 500,000 tonne-per-year plant produced just 94,000 tonnes of refined copper from April 2025 to February this year.

Indian drone tech company ideaForge signs MoU with Japanese firm to develop next-gen AI powered drones

By pairing Indian drone engineering with Japanese semiconductor expertise, the two firms aim to develop more advanced autonomous systems tailored to both defence & commercial use.

Trump, Netanyahu’s Iran gamble: The regime change rebound

American objectives are unmet. They neither have muscle nor motivation to resume the war. As for Iran, the regime didn’t just survive, it’s now led by more radical individuals.