Consumer sentiment has been, by far, the most sluggish economic indicator in the post-lockdown recovery story so far
While equity markets react to budget announcements in real time, households we believe, take a little longer to digest it. Households are not as cued in as financial markets are
Union minister Jitendra Singh said abundance employment opportunities will emerge from the jump in capex announced in Budget 2022
At 60.3, the index was at its highest in November 2021 since its fall in April 2020 following the Covid-induced lockdown
In each of the last three months - October, November and December 2021, the unemployment rate has been at 7 per cent or more
The inverse relationship between household income levels and the rate of recovery in consumer sentiments is both disappointing and counter-intuitive. But the data is unambiguous
Change in household income is one of the five components of the Index of Consumer Sentiments
Joblessness is the top concern of Urban Indians in October 2021 while global citizens are more worried about poverty and social inequality, Ipsos What Worries the World global monthly survey has said
Canals have led to an increase in urbanisation and demand for education, but there's been little industrialisation in the areas they irrigate, finds a new study
The index of consumer sentiments scaled up by a handsome 7.9 per cent in September
IBPS Clerk 2021: The recruitment drive will fill 5,830 vacancies in various public sector banks
In August 2021, seventeen months after that draconian lockdown of April 2020, employment continues to remain lower than it was in 2019-20
The run-up to the festival season - especially the next four weeks - holds the key to crossing pre-Covid levels of hiring, say HR experts
Of the more than half a million women who exited the formal workforce and did not join back, two-thirds were under 35 years of age. By comparison, only a third of men under 35 exited formal employment
But, the recovery was incomplete because the employment rate, which is the working age population that is employed, never repaired with its pre-Covid levels
The recent improvement in consumer sentiment is almost entirely a rural India story
The index of consumer sentiments fell by 1.5 per cent in June 2021 after having fallen by 10.8 per cent in May and 3.8 per cent in April 2021
The recovery cannot be investments-led because most enterprises are nursing excess capacities
After the epidemic, we will again cater to the interests of the privileged class and keep the underprivileged quiet with handouts
The unemployment rate touched 14.5 per cent in the week ended May 16, 2021