Urban unemployment rate had fallen to 7.21% for the week ended April 4 from 8.84% for the week ended January 31. India’s unemployment rate galloped to a 15-week high of 8.58% for the week ended April 11, largely due to a sudden 260 basis points rise in the urban unemployment rate to 9.81% over the
Economy
The momentum in credit growth picked up in October 2020 and has registered positive growth on a financial year basis since November. Agri credit growth hit a nearly four-year high of 10.2% year on year (YoY) in February 2021, the Reserve Bank of India (RBI) said in its monetary policy report for April 2021. This
Maharashtra is expected to produce 105-107 lakh tonne of sugar, while production in UP is expected to touch 105 lakh tonne at the end of the season. After a gap of nearly five years, Maharashtra has overtaken Uttar Pradesh (UP) in sugar production. The state crossed the 100 lakh tonne-mark by the end of March,
Breadcrumb Trail Links News Economy Yet almost 20% of firms in Bank of Canada survey do not expect sales to return to pre-pandemic levels in the next 12 months Author of the article: Bloomberg News Theophilos Argitis and Erik Hertzberg Publishing date: Apr 12, 2021 • 18 minutes ago • 2 minute read • Join the