Consumer sentiments jump by record 6.7% in March: CMIE
Consumer sentiments shot up by 6.7% in the week ended March 26, 2023, which is exceptionally high, and comes on the back of its surge in rural India, the Centre…
Total number of employed could breach pre-Covid levels in October: CMIE
Total number of employed in India could breach the pre-Covid levels in October as consolidation in employment rates in the month so far could lead to marginal expansion in overall…
Employment situation improves in June as economic activity picks up pace: CMIE
Of the 22.7 million jobs lost during the second wave of the pandemic, nearly 7.8 million have recovered in June after economic activity started picking up, taking the total employment…
Unemployment rises to 14.5% in May, highest since last year’s lockdown
The unemployment rate shot up to 14.5% in the week ended May 16, 2021, the highest in the last one year, compared to 8% in April, the Centre for Monitoring…
Consumer sentiment index falls 3.8% in April, sharpest drop since May 2020: CMIE
The raging second wave of Covid-19 has resulted in a 3.8% dip in the index of consumer sentiment in April, the sharpest fall since May 2020, said the Centre for…
Unemployment rate likely to be 8% compared to 6.5% in March in India: CMIE
The unemployment rate in India has shot up in the first two weeks of April and the monthly unemployment rate is likely to be close to 8% compared to 6.5%…
Higher income households to drive revival in consumer spending, says CMIE
Higher income households, with higher savings and better sentiments, will drive the revival in consumer spending in India, the Centre for Monitoring Indian Economy said. “India’s revival in consumer spending…
View: How jobs were impacted due to lockdown
Losses in salaried jobs are difficult to recover. These are not like informal jobs, or even like gigs. SynopsisWhile salaried jobs have taken the biggest hit during the lockdown, it…
Hit by Covid, professionals are coming out of their comfort zones to re-evaluate career choices
Communications professional Mohita Bahadur; and Delhi-based media professional Samapti DasFor the past one year, Delhi-based politician-cum-entrepreneur Harish Khurana had been busy running a 1,000-sq-feet casual dining restaurant. In March, he…