Page 2 - Cmie

At over Rs 6 trillion, capex on new projects sees 44% jump in Q3

The data also showed a 49.9 per cent year-on-year drop in completed projects, and an 87.5 per cent decline in stalling rates

Rural sentiments upbeat in November

The consolidation of consumer sentiments in November rests upon an expectation that the economy will do well in the near- and medium-term future

Smart pickup in good jobs

The estimated 0.7 million additional jobs created by listed companies may easily more than offset the recent layoffs seen in tech companies

Urban unemployment rate drops for fifth quarter to 7.2%: NSO survey

The unemployment rate among men and women has been estimated at 6.6 and 9.4 per cent, respectively

Indian govt to give additional funds for rural schemes to ease pain: Report

The additional funds will be used to bulk up job and affordable housing schemes in the fiscal year ending March 2023

Rural pain pushes India's unemployment rate up to 7.7% in October: CMIE

The report said the decline in employment was mostly in rural India and mainly in non-agricultural rural India and the daily wage labourer segment was the most hit as it shrunk by nearly 15 million

Unemployment rate rose to 4-month high of 7.77% in October: CMIE data

Among the 25 states for which data is available with the CMIE, six states registered the unemployment rate in double digits

Fresh formal job creation falls below 1-million mark in August: EPFO

The unemployment rate shot up to 8.3 per cent, which was the highest, compared with the rates in the past 12 months

Best of BS Opinion: Headwinds from the West, Xi's China syndromes & more

Here is the best of Business Standard's opinion pieces for today

When data faces reality

The employment reality is grimmer than what the household survey data tell us. This is true for Chhattisgarh as much as it is for Uttar Pradesh. And, also for other states

Festive cheer lifts consumer mood

While consumer expectations grew in both rural and urban regions, the rate of increase was much higher in urban than in rural areas

56 mn Indians may have turned poor in 2020 due to pandemic: World Bank

"The global goal of ending extreme poverty by 2030 is likely to be missed: by then, about 600 million people will remain in abject poverty. A major course correction is needed," Indermit Gill said.

Capex on new projects declines further in Q2 amid higher borrowing costs

Higher global borrowing costs are expected to affect growth prospects

Haryana's superior quality of employment

Haryana is a rich state with a relatively high per capita income. People here are therefore apparently less willing to take up informal employment in the unorganised sector

Employment fell in August 2022

This rise in the unemployment rate reflects the inability of the economy to provide adequate jobs at a time when the demand for jobs from people increased

Households hesitant to spend

Rural India's steep fall in willingness to spend on consumer durables and urban India's scepticism regarding their future well-being is worrisome

Unemployment rate drops for fourth straight quarter, lowest in 4 yrs: PLFS

This is the lowest unemployment rate recorded in the last 4 years, from the time NSO launched India's first computer-based survey in April 2017

AAP's promise of private sector jobs for locals in Gujarat: Status check

Similar laws by Andhra Pradesh and Haryana have been challenged in courts, with critics arguing that they violate Article 16(2) and (3) of the Constitution

Rural stress

Most of the souring of sentiments emanated from rural India. It is likely that the principal reason for this is the behaviour of the southwest monsoon

Education as disguised unemployment

As the labour market is unable to absorb new labour, the composition of the workforce (those who are employed) is increasingly ageing