Centre For Monitoring Indian Economy

India's jobless rate rises to one-year high in August: CMIE

The jobless rate increased to 8.28% last month, data from the Centre for Monitoring Indian Economy Pvt. showed Thursday.

Labour participation rate higher in rural India: CMIE

LPR, defined as the number of persons of the labour force employed as a percentage of working age population, is 40.9 in rural India as compared to 37.4 in urban India during the period January to April 2022.

India added 8.8 million jobs in April: CMIE report

Within industry, 3 million jobs were generated in manufacturing, while construction added nearly 4 million opportunities. Employment in the agricultural sector fell by 5.2 million, CMIE data showed.

India sees addition of 16 million jobs in July mostly in agri, construction sectors: CMIE

The number of salaried jobs, which are mostly better quality jobs, fell by 3.2 million in the same month, Vyas said.

Nearly 5.5 lakh jobs lost in October 2020, first sharp spike in jobless rate since recovery began in May: CMIE

October 2020 is the first month that has recorded a fall in employment since May 2020, CMIE said.

COVID-19 impact | 21 million jobs added in May, no increase in salaried jobs: CMIE

The report noted that there was no increase in salaried jobs in May, with the number having seen a marginal decline instead (from 68.4 million in April to 68.3 million in May).

India's May jobless rate at 23.48%: CMIE

Marginally lower from 23.52% in April, according to data released by the Centre for Monitoring Indian Economy (CMIE)

Urban unemployment climbs to 11.24% in August, rural 9.18%

The overall figure for the country stood at 9.84 percent, showed data prepared by BSE in collaboration with the Centre for Monitoring Indian Economy (CMIE), a business information firm.

Wholesale price index will see positive growth in FY17: CMIE

The WPI will get into the "moderately positive" zone in the next fiscal, says Vyas. But this growth should reflect in the topline of corporates in the current fiscal.

Stalled projects rise in Q2 on steel sector distress: HSBC

The impact of the steel sector has been such that the stock of stalled projects increased after falling for five quarters.

Expect FY14 GDP growth at 6.3%: CMIE

Numbers given out by the IIP (Index of Industrial Production) have systematically underestimated growth in the industrial sector, believes Mahesh Vyas, MD & CEO, Centre for Monitoring Indian Economy (CMIE).

See Rs 5 lakh cr investments in India during FY13: CMIE

Mahesh Vyas, MD & CEO of Centre for Monitoring Indian Economy (CMIE) believes the Indian economy is witnessing an increase in the cycle of completion.

Corporate profits to soar 26% in Q3: CMIE

India Inc is expected to post a healthy 25.9 per cent growth in their profits in the third quarter on softening of input prices and lower forex losses, according to economic think-tank CMIE.

CMIE pegs GDP growth a tad down to 6% this fiscal

The Centre for Monitoring Indian Economy (CMIE) has lowered its growth forecast to 6 per cent, from 6.2 per cent projected earlier, for this fiscal, owing to the delay in recovery in industrial sector and the fall in mining, manufacturing and construction segments.

Rupee to touch 51.50 against dollar by March: CMIE

The Government's recent reform measures will boost capital inflows which will propel the rupee to rise up to Rs 51.5 against the dollar by end of the current fiscal, according to the Centre for Monitoring Indian Economy (CMIE).

Profitability of corporate India set to improve: CMIE

Improvement in performance of the manufacturing sector is expected to boost the profitability of corporate India this year, according to Centre for Monitoring Indian Economy (CMIE)."We estimate net profits to have grown by a whopping 111.9 percent in September 2012 quarter compared to the preceding quarter," the CMIE reported.

Major crops-production to dip by 2.3% in 2012-13: CMIE

The poor progress of southwest monsoon is expected to hamper the production of both food and non-food crops and the major crops production is projected to decline by 2.3% in 2012-13.

Major crop production to fall by 2.3% in FY13: CMIE

CME sees major crop output decline by 2.3% in 2012-13, following poor kharif sowing due to weak progress of the south-west monsoon.

CMIE cuts power generation forecast to 10.8% this fiscal

With the country facing challenges of limited availability of water, coal and natural gas resources, the Centre for Monitoring Indian Economy (CMIE) has lowered its forecast for power generation to 10.8% from 13.2% this fiscal.

Corporate profits to grow by 21.6% in FY13: CMIE

India Inc is expected to post 21.6% growth in its profit in the current fiscal on the back of softening of input prices and steady interest rates, according to economic think-tank CMIE.

Steel prices likely to rise by 5.7% in FY13: CMIE

On the back of healthy demand, rise in input costs and hike in excise duty, steel prices are likely to go up by 5.7% this fiscal, according to economic think tank CMIE.

Cement prices are expected to rise by 5.9% in FY13

"With costs expected to continue to rise, cement prices are likely to increase in tandem and remain on the higher side. We believe prices are expected to rise by 5.9% during FY13," Centre for Monitoring Indian Economy (CMIE) said in its monthly review here.