The Congress president tagged a Business Standard story which cited a report which said the unemployment rate is highest in 45 years.
The Reserve Bank of India's interest rate decision, macroeconomic data and global trends will drive investors' sentiment this week, with markets hoping to continue the positive momentum after ending FY24 on a buoyant note, analysts said. In addition, the trading activity of foreign investors, the rupee-dollar trend and the movement of global oil benchmark Brent crude would also influence trading in equity markets. The 30-share BSE Sensex climbed 14,659.83 points or 24.85 per cent in the 2023-24.
The Congress' top leadership will deliberate on the Lok Sabha election results and chalk out its future strategy at a crucial meeting of the party's working committee on Saturday.
But, the Wall Street Journal said that the US labour market is operating with millions fewer jobs than in February, the month before the coronavirus pandemic struck the country's economy.
'What matters is policies, not personalities like Priyanka, Rahul or Modi.'
In nearly 100 seats, the BJP stands almost no chance of winning. In 200 seats, it is a direct fight between the BJP and the Congress where the BJP has an upper hand. In 243 seats, the BJP is pitted against regional parties and it is not going to be easy. That is why 400 seats may end up as a pipe dream, states Ramesh Menon, author of Modi Demystified: The Making of a Prime Minister.
Moody's Analytics said that the reduced political stability and the need for consensus building that is inherent with a coalition government, might erode investor confidence in the near term.
Capital dumping is being used by foreign e-commerce firms to subsidise and engage in predatory pricing, oil-to-telecom conglomerate Reliance Industries (RIL) has told the Associated Chambers of Commerce and Industry of India (Assocham) in an internal document. The document alleges that this is leading to massive unemployment and financial distress among small merchants and kirana stores. It consists of various recommendations and proposed changes that deal with Press Note 2 of 2018 (PN 2), which RIL wanted Assocham to present to the government, according to sources.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
Samajwadi Party chief Akhilesh Yadav said his party would oppose the Centre's move to bring a bill in Parliament to amend the 1995 law governing Waqf boards, and accused the BJP of trying to snatch the rights of Muslims.
The Uttar Pradesh cabinet has decided to put a couple of riders on the unemployment dole announced by Uttar Pradesh Chief Minister Akhilesh Yadav. Sharat Pradhan reports
Gandhi said farmers asked him during his Bharat Jodo and Bharat Jodo Nyay yatras about why they were not getting the benefit of loan waivers like billionaire industrialists or MSP (minimum support price) for farm produce.
'If people don't see you, they might be hesitant, but once they see you, they are confident that this is the person they will vote for,' says political debutant Shambhavi Choudhury, 25, alumnus of the Lady Sriram College and the Delhi School of Economics.
According to a UN Report, 205 million people were unemployed in 2010.
Zimbabwe has the world's highest unemployment rate of 95 per cent as of 2009.
Most economists were of the view that the NSSO should release the data, as any move to withhold it will dent the image of country's statistical system.
Rashtriya Janata Dal leader Tejashwi Yadav on Thursday asserted that 'something major' will take place, after Lok Sabha results are out, in Bihar where Chief Minister Nitish Kumar seemed to be 'not going along well' with ally Bharatiya Janata Party.
Premlata Singh, wife of Union minister Birender Singh, was commenting on the gang rape of a 19-year-old woman in Haryana's Rewari city.
The Opposition on Tuesday termed the Union Budget as a 'kursi bachao budget' driven by political compulsions and claimed that it ignored opposition-ruled states in a bid to 'appease' Bharatiya Janata Party's allies.
Polling station officials had to refuse Johnson's attempt to vote in South Oxfordshire on Thursday when he arrived without the necessary photo ID, CNN reported, citing PA media.
Unemployment rate is increasing all across the world due to the economic crisis and global uncertainty.
'My mother feels it will be tough and emotional for her to enter an assembly which has essentially been reduced to a municipality now.' 'My opinion is that even if it is a municipality one cannot cede that space to the BJP.'
Indian National Developmental Inclusive Alliance (INDIA) MPs, including Congress president Mallikarjun Kharge, Congress Parliamentary Party chief Sonia Gandhi and Leader of Opposition in the Lok Sabha Rahul Gandhi, staged a protest in Parliament premises on Wednesday over the alleged discrimination against opposition-ruled states in the Union Budget.
He argued that if inflation is low, stable and moving towards the 4 per cent target, why has the RBI not revised downward the bank rate fixed in June 2023?
The BJP-led National Democratic Alliance's (NDA) slim majority in Lok Sabha may delay more far-reaching economic and fiscal reforms that could impede progress on fiscal consolidation, Moody's Ratings said on Wednesday. NDA securing a majority in the general elections will give a historic third term for Narendra Modi as Prime Minister of India. "We expect policy continuity, especially with regards to budgetary emphasis on infrastructure spending and boosting domestic manufacturing, to support robust economic growth.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
'It feels like Assam is good just as a tourist spot and not a place to earn and live.'
July has some interesting content on OTT, with quite a few original shows and movies premiering in the digital space.
The current political scenario in the state was like chikhal (wet, slippery mud) with party lines blurring and people must ensure politicians are held accountable for their deeds, Thackeray said.
'Elections are fought to win.' 'In our party, the leadership takes the final decision, and our leaders are very clear about it.'
'The life of his political career is dependent on success in this constituency.'
The unemployment allowance would be given for a period of two years from the date of announcement of the result or till he/she becomes employed/self-employed whichever is earlier.
Ranveer Singh never said this, and he does not have any relation with any political party, his father said in the complaint.
The best-case scenario is that the BJP will top out at around 50 seats in UP -- a drop of 12 from the 62 it had won in 2019. Taken in tandem with Maharashtra and Karnataka, this is what is likely to put paid to the BJP's ambitions of a third term for Modi, argues Prem Panicker.
The party's national executive meeting chaired by its president and Bihar Chief Minister Nitish Kumar flagged price rise and unemployment as "burning issues"
"Now after 20 years, the Madrasa Education Act has been declared unconstitutional. Obviously there has been some mistake somewhere. Our lawyers could not present their case properly before the court," he said.
'He fears that the youth tide has gone against him and he will be swept away in the next assembly election in the state.'
India's unemployment rate fell to a six-year low of 3.2 per cent in the July-June 2022-23 period, down from 4.1 per cent in the same period the previous year, according to the latest annual Periodic Labour Force Survey (PLFS) report. The report, released by the National Statistical Office (NSO) on Monday, showed a decline in unemployment rates in both rural and urban areas during the 2022-23 period to 2.4 per cent and 5.4 per cent, respectively, from 3.2 per cent and 6.3 per cent in the 2021-22 period. The unemployment rate for rural women (1.8 per cent) was lower than that for rural men (2.7 per cent) in 2022-23; in urban areas, the rate was higher for females (7.5 per cent) compared to males (4.7 per cent).
Religion and economic barriers continue to define love in modern India, discovers Preshth Bhardwaj.
Niti Aayog vice-chairman Rajiv Kumar debunked claims of jobless growth, saying how can a country grow at an average of 7 per cent without employment.
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