scorecardresearch
Monday, November 4, 2024
TopicCMIE

Topic: CMIE

Consumer confidence at 4-yr high as India sees growth momentum, but rural sectors need sustained push

Urban consumers are more optimistic about current economic conditions, while those in rural India are more so about expectations of 1-yr ahead income, economic & business environment.

‘37.4% unemployment in Haryana’ — CMIE stands by report as Khattar, opposition bicker

Congress has been criticising BJP govt over rise in joblessness. CMIE MD-CEO says sample size of households is more than twice that of the official survey.

No longer main source of funds for private sector, how banks’ role in the economy is changing

Companies increasingly looking to raise funds from market, while banks focus more on personal loans. Reasons for shift include NPA crisis & higher trust among households, say experts.

Why consumer confidence is on the rise in India & how this optimism can be sustained

CMIE’s consumer sentiments & RBI’s consumer confidence indices show improvement. If initial signs of inflation easing are sustained, consumer confidence will see marked turnaround.

Journey from Didi-o-Didi to ED-o-ED & why retirement comes before employment

The best cartoons of the day, chosen by the editors at ThePrint.

India urgently needs Right to Work. We are in a Great Depression in slow motion

According to CMIE data, 6 crore Indians have stopped looking for work because they see no opportunity on the horizon. It’s bad news.

Consumer sentiment declines in November for the first time since May, CMIE data reveals

According to CMIE's survey, the Index of Consumer Sentiments dropped from 52.5 in October to 51.8 in November due to fall in incomes and loss of jobs.

Indian households remain under duress with income still below pre-Covid levels — study

The research paper, posted on the Chicago Booth website, raises doubts on whether India is seeing a V-shaped recovery.

Investor sentiment still low. But green shoots in bank loans, GST collections, power usage

Double-digit growth seems optimistic. Modi govt needs to more than double its expenditure to compensate for the losses and avert GDP decline. It's fanciful at best.

India added 7 crore jobs in June — mostly daily wagers, farmers and small businesses

About 12 crore jobs were lost due to the lockdown in April, but things are gradually improving. However, only 39 lakh new salaried jobs have been created.

On Camera

Trudeau is nursing snakes in his own backyard. Misguided Sikhs in Canada are losing the plot

By turning a blind eye to the snakes in his own backyard, Trudeau is setting the stage for a disaster of epic proportions for his country, his people, and the world at large.

Watch CutTheClutter: Flattening INR-USD rate, and debate on pros and cons of a ‘strong’ rupee

In Episode 1544 of CutTheClutter, Editor-in-Chief Shekhar Gupta looks at some top economists pointing to the pitfalls of ‘currency nationalism’ with data from 1991 to 2004.

India carries out 1st patrol in Depsang since disengagement with China, to take things ‘slow’

While there are patrolling points (PP) 10, 11, 12, 12A and 13 in the Depsang Plains, the patrol in the region Monday was carried out to only one point as decided by India and China.

Xi wanted to teach India about imbalance of power. We should take a budgetary lesson from it

While we talk much about our military, we don’t put our national wallet where our mouth is. Nobody is saying we should double our defence spending, but current declining trend must be reversed.