Unemployment rate for persons aged 15 years or above declined to 3.1 per cent in 2023, the lowest in the last three years, as per a report of National Sample Survey Organisation under the statistics ministry. According to Periodic Labour Force Survey (PLFS) for calender year 2023, the unemployment rate came down to 3.1 per cent in 2023 from 3.6 per cent in 2022 and 4.2 per cent in 2021. Joblessness, or unemployment rate, is defined as the percentage of unemployed people in the labour force.
In the past 10 years, over 500 PSB officers have died by suicide. When targets are overwhelming, senior management and customers are both impatient, and there is constant fear, not every banker has the resilience to survive and thrive, warns Tamal Bandyopadhyay.
Over 25 crore workers across India are set to strike against new labour codes and privatisation, potentially disrupting banking, postal, and other essential services.
Trading activity of foreign investors and crude oil prices would also remain in the limelight during the week, experts noted. "This week brings a series of important economic data releases from India and the United States, which are likely to influence market sentiment and central bank outlooks.
Any industrial policy is only as good as how it is applied and the other reforms that support it. This was as true 40 years ago as it is now, points out Debashis Basu.
Gold prices are likely to remain under pressure in the coming week as investors await key US macroeconomic data for cues on the Federal Reserve's potential direction on interest rates, which in turn will influence the trajectory for the precious metal, according to analysts. Market sentiment has tilted away from safe-haven assets like gold amid fading geopolitical tensions and improving risk appetite towards riskier assets such as equities, they said.
Kejriwal claimed that the BJP has ruined Gujarat in its 30-year rule. The Congress has failed as an opposition because it helps the BJP retain power, he said.
'Gen Z was devoid of love stories with sad endings like Heer Ranjha, Laila Majnu or Romeo Juliet; they have never seen something like this in their lifetime.' 'Saiyaara is a rooted love story.'
A surge in violent crimes, including targeted killings, has raised concerns about law and order in Bihar. Police attribute the rise to the widespread availability of illegal firearms and ammunition.
Despite facing financial constraints, Kerala has been able to invest in welfare schemes and targeted programmes.
'People are fed up with rising crimes and poor law and order.' 'Modi must have got feedback and decided not to touch the 'jungle raj' issue as it will backfire.'
Prime Minister Narendra Modi led-NDA government in its third term must tackle the problem of unemployment in the country, especially in the unorganised sector and in small and medium enterprises, former NITI Aayog Vice Chairman Rajiv Kumar said on Monday. Kumar also emphasised that the government now must finalise the four labour codes as it has been delayed beyond expectations. "We must recognise that post-COVID economic recovery has been a K-shaped recovery.
'There are still plenty of jobs out there -- but not enough people with the right skills to fill them.'
INDIA bloc parties are set to raise issues such as the Pahalgam attack, US President Trump's claims of brokering a ceasefire, and concerns over electoral roll revisions in Bihar during the Parliament's Monsoon session.
Dr Karan Gupta offers guidance on how to pick the right international course and university.
The unemployment rate for women was last this low around Diwali in 2022. The unemployment rate has dropped for women from 14.9 per cent in December 2023 to 11 per cent in January 2024, according to data from the Centre for Monitoring Indian Economy (CMIE). It was higher in January 2023 at 13.5 per cent.
Shinde was speaking in the presence of Union Home Minister Ami Shah at the inauguration ceremony of the 'Jairaj Sports and Convention Centre' built by the Shree Poona Gujarati Bandhu Samaj in Pune's Kondhwa.
'If we're smart about it, we can use AI to amplify human potential, not replace it. But time is running short.'
'What is going on is the under counting of the migration population in urban areas.' 'It has been going on in the last few censuses.'
'There are tall personalities who have utilised Mumbai and Maharashtra for their career growth, but they never thought it is their responsibility to learn Marathi.'
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
There are challenges galore before him, and it is not going to be easy. In the next four years, he has to conjure a system that changes the optics about him and the BJP both nationally and internationally so that he can ride back on his own, claim the top slot, and not have to lean on a coalition, asserts Ramesh Menon as Modi 3.0 completes a year in power.
'When manufacturing or even services cannot generate the kind of employment they are looking for, they prefer to be unemployed rather than under-employed.'
'I believe Sonam's mother kept things from us. She didn't tell us the whole story, and she would have known that Raj had an affair with Sonam. Had Sonam's father and brother known about Raj, they would have fired him from their factory. I think there are more than five people in the case'
There is no confusion or dispute in the 'Mahagathbandhan' over Tejashwi Yadav being the main face for the Bihar chief minister's post, Congress leader Kanhaiya Kumar said on Friday while asserting that the CM will be from the Rashtriya Janata Dal if the alliance gets a majority in the upcoming polls.
Tough times don't last, but tough people -- and smart financial strategies - do, says Ramalingam Kalirajan
'Let's see how this love story shapes up in the run up to the municipal corporation election.'
'When you do some job for a few hours, you are hardly earning enough to survive.'
'Is it right and proper for the US authorities to allow people like Subrahmanya Swamy [sic] go round the country preaching murder, violence, overthrow of the duly elected Government of India?' A fascinating excerpt from Sugata Srinivasaraju's The Conscience Network: A Chronicle of Resistance to a Dictatorship.
A handwritten feedback letter purportedly written by BRS leader K Kavitha to her father and former Chief Minister K Chandrasekhar Rao, highlighting both the negative and positive aspects of the party's recent meeting, has sparked discussions in Telangana's political circles. While the authenticity of the letter has not been confirmed, Kavitha's letter suggests that the party might be aligning with the BJP. She also criticized KCR for his silence on key issues such as 42 per cent reservation for backward classes, Scheduled Castes categorisation, and omission of Urdu from his address at the BRS Silver Jubilee event.
The gangster saga Nayakan not only earned Mani Ratnam's reputation as a great director, the dubbed version of the film also did well in Mumbai, so much so that Feroz Khan's Hindi remake, Dayavan, starring Vinod Khanna, could not compare, recalls Deepa Gahlot.
India's unemployment rate is at a record low and the country's labour market is undergoing a structural transformation, a report said on Tuesday. In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment. "India's unemployment rate is at a record low, India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher educational attainment emerging as key enablers," the report said.
The unemployment rate shot up to a record 10.9 per cent in the week that ended on December 18, points out Mahesh Vyas.
In 2019, out of the 1,440 minutes in a day, Indian youth spent 148 minutes on employment-related activities, which increased to 158 minutes in 2024.
A proposal to change the name of Mount Abu, Rajasthan's only hill station, to "Aburaj Teerth" and ban non-vegetarian food and alcohol consumption in public has sparked protests from local businesses, who fear severe economic consequences. They argue that the name change will cause confusion and the restrictions will drastically reduce tourist numbers, impacting livelihoods.
From the Sensex firms, Eternal, Mahindra & Mahindra, Maruti, Bajaj Finance, Tata Steel, Bharti Airtel, Bajaj Finserv, Asian Paints, Power Grid and State Bank of India were among the laggards. Kotak Mahindra Bank, Axis Bank, Titan, HCL Tech, Tata Motors, Infosys and Tata Consultancy Services were the gainers.
The Delhi High Court has ruled that qualified women with an earning capacity should not claim interim maintenance from their husbands, stating that the law does not promote idleness. The court dismissed a woman's plea for maintenance from her estranged husband, highlighting her education and potential to earn. The court encouraged her to actively seek employment, stating she had the capability to become self-sufficient.
India's economic growth forecast for 2025 has been revised downward to 6.3 per cent, and despite a projected moderation, the country remains one of the fastest-growing large economies, supported by resilient consumption and government spending, the United Nations has said.
Two years after ethnic violence erupted in Manipur, thousands of Internally Displaced Persons (IDPs) continue to live in overcrowded camps, struggling to rebuild their lives and facing an uncertain future. Despite the sacking of the Chief Minister and the imposition of President's rule, peace remains a distant hope. While hill-based Kukis demand a separate administration, Meiteis seek implementation of the National Register of Citizens (NRC) and deportation of those they consider illegal immigrants. The IDPs, grappling with severe psychological distress, feel forgotten by the government and are forced to depend on the mercy of others for basic needs.
An overwhelming proportion of the unemployed declare their nature of occupation as students. In the quarter ended December 2021, 77% of the unemployed who were actively looking for jobs were students. This syncs well with another data, that 77% of the unemployed are between 15 and 24 years of age, reveals Mahesh Vyas.
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