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Don’t miss the latest developments in business and finance.
Cryptos hacked again in $100 million theft of Binance-backed blockchain
Crypto hacked again in $100 million theft of Binance-backed blockchain
Consumer sentiments fall short
Expectations of household incomes a year later turned positive in March 2023 for the first time since April 2020
Labour churns in March
The labour markets have been weak during the last quarter of 2022-23
Consumer sentiments improve
While the relatively richer and poorer households have seen their consumer sentiments spurt, the middle income households have seen slower growth in their sentiments
Employment in agriculture soars in Maharashtra
The largest provider of employment in Maharashtra is the agricultural sector
Consumer sentiments high on expectations
We see a fairly remarkable improvement in the Indian consumer sentiments during the first 10 weeks of 2023
Employment inches up in urban India
There was a marginal improvement in India's labour participation rate to 39.92% in February compared to 39.8% in January 2023
Unemployment rate fell in 2021-22
The rate of unemployment has declined the most for urban women and the least for rural women
Salaried employment rises in Gujarat
This upward trend in salaried employment is certainly a cheery outcome for Gujarat as it suggests an improvement in the quality of jobs in the state
Consumer sentiments improve, but still too low
The recovery in consumer sentiments from the pandemic has been the slowest among all economic indicators
Unemployment rate falls, but still too high
India, incidentally, was the fastest country to report the unemployment rate for the month of January 2023
Education challenges of employment
India suffers from a poorly educated workforce that is confined to poor quality jobs. Most employment is informal and in the unorganised sector
Consumer sentiments to remain buoyant
Small traders and daily wage labourers had recorded a sharp 22 per cent increase in their ICS between June and September 2022
Uptick in female labour force participation
Around 0.28 million women aged 20-29 entered the labour force in this period, according to CMIE's Consumer Pyramids Household Survey data