scorecardresearch
Wednesday, May 8, 2024
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

Met Gala is the new aspirational red carpet for Indian celebrities. Move over, Cannes

This year, at the Met, Isha Ambani wore one of Rahul Mishra’s creations, which is a sari in name only. It marked his label’s debut at what is fashion’s biggest stage.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.