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Urban unemployment rate unchanged at 6.4% in Q3FY25

Urban unemployment rate unchanged at 6.4% in Q3FY25

Unemployment rate in urban areas during the third quarter (October-December) of FY25 remained unchanged at 6.4 per cent compared to the preceding quarter, according to the latest quarterly Periodic Labour Force Survey (PLFS) data released by the Ministry of Statistics

RBI may cut interest rate by 25 bps on Feb 7

RBI may cut interest rate by 25 bps on Feb 7

The RBI is likely to reduce the key interest rate by 25 basis points this week after keeping it on hold for two years, complementing the Union Budget initiatives to push consumption-led demand, though the sliding rupee continues to be