India's unemployment rate surged to a one-year high of 8.3 per cent in August as employment sequentially fell by 2 million to 394.6 million, according to data from the Centre for Monitoring Indian Economy (CMIE). During July, the unemployment rate was at 6.8 per cent and the employment was 397 million, the CMIE data added. "The urban unemployment rate is usually higher at about 8 per cent than the rural unemployment rate, which is usually around 7 per cent.
rediffGURU Ulhas Joshi recommends five factors you need to look at to evaluate the performance of two schemes.
'Given that debt AIFs, by nature, target a higher portfolio return, it is likely to attract investors like HNIs, family offices, etc, looking for a higher yield debt product.'
The number of cybercrime incidents in 2021 has gone up by 18.4 per cent since 2019, but the number of such cases against women has risen at a significantly steeper 28 per cent, data released by the National Crime Records Bureau showed. Of the 52,974 incidents reported in 2021, 10,730 - 20.2 per cent - were reported as cases of crime against women, the data revealed. Cybercrimes against women primarily include instances of cyber blackmail, threatening, cyber pornography, posting/ publishing of obscene sexual materials, cyber stalking, bullying, defamation, morphing, and creation of fake profiles.
After a dip in 2020, the number of economic offences rose 19.4 per cent to 174,013 cases in 2021, according to the Crime in India report by the National Crime Records Bureau. The data shows that there was a marginal dip in the pendency of cases in 2021 at 96.6 per cent compared with 96.8 per cent in 2020, but this was still three percentage points higher than 93.6 per cent recorded in 2019. Economic offences include all offences of criminal breach of trust, counterfeiting, forgery, cheating, and fraud.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
Stock markets this week would take cues from global trends, the announcement of domestic macroeconomic data such as GDP numbers and foreign fund movement, analysts said. Besides, monthly auto sales and Purchasing Managers' Index (PMI) data for manufacturing and services sectors would also influence trading in the market, they added. Benchmark BSE Sensex tumbled 1,538.64 points or 2.52 per cent last week amid concerns that the US Federal Reserve might raise interest rates further to curb inflation.
Rediff.com gives an opportunity to select the best performer from the current government whom you think has fared better in 2016.
'We like certain stocks from banking, insurance, retail, hospitals and capital goods.' 'Though some of these stocks may seem expensive, they will compound well over the long term, thus justifying their current multiples.'
Investors' wealth has soared by Rs 8,58,979.67 crore in three days of market rally, with domestic bourses climbing in tandem with global equities amid abating concerns over the economic impact of the Omicron variant. The 30-share BSE benchmark Sensex jumped 384.72 points or 0.68 per cent to close at 57,315.28 on Thursday. During the day, it gained 559.96 points to 57,490.52. In three days, the index has gained 1,493.27 points.
A parliamentary panel on Friday questioned top Twitter officials over a whistle-blower's revelations on its India operations, and gave them a dressing-down as their replies on issue of data security and privacy were "not satisfactory", sources said.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances