New Delhi, July 15 (IANS) Both the overall Labour Force Participation Rate (LFPR) and Worker Population Ratio (WPR) in the country registered an increase in June over the same month of the previous year, reflecting a year-on-year increase in employment, the data released by the Ministry of Statistics on Wednesday showed. On a year-on-year basis, the urban unemployment rate (UR) declined from 7.1 per cent in June, 2025 to 6.6 per cent in June, 2026, a reduction of 0.5 percentage points. The overa…
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New Delhi, July 13 (IANS) India’s retail inflation, based on the new Consumer Price Index (CPI) series, was recorded at 4.38 per cent in June this year compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.The commodities that posted the highest inflation during the month were silver jewellery, which saw a 133.21 per cent jump in prices and gold jewellery, which clocked a 36.82 per cent increase in prices. Overall food inflation in Ju…
New Delhi, June 28 (IANS) India’s industrial production clocked a 5.1 per cent growth in May this year compared to the same month of the previous year on the back of a strong growth in the manufacturing sector and a surge in the electricity & gas supply sector during the month, according to the new series data released by the Ministry of Statistics on Monday.The industrial growth rate accelerated in May from 4.9 per cent in April.The manufacturing sector, which accounts for more than three-f…
New Delhi, June 23 (IANS) India needs 7 to 8 per cent growth to become Viksit Bharat by 2047, which needs more investment from the private sector as well as strong export growth, Mahendra Dev, Chairman of the Economic Advisory Council to the Prime Minister (EAC-PM), said on Tuesday.Speaking to reporters on the sidelines of a FICCI India event here, he said that “private sector investment is equally important and also export growth important. Prime Minister Narendra Modi has mentioned about ‘…