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Searched Tag: rbi data
Govt Role Key To Limit Oil Price Impact RBI Highlights In Paper.

India must stay vigilant amid rising global oil prices: RBI

July 24, 2025, 06:49 PM - 3 min read

While active government intervention has contained spillover to domestic oil prices, policymakers need to remain vigilant and cautious of the direct and indirect impact of evolving global crude price dynamics through continuous assessment, given India’s increasing dependence on crude oil imports.

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PLFS Shows India’s Unemployment Rate Falls To 3.2 Per cent.

Employed people in India up to 64.33 cr from 47.5 cr

July 24, 2025, 06:31 PM - 3 min read

India’s employment landscape has shown a marked improvement in recent years, with the number of employed people rising to 64.33 crore in the financial year 2023-24, up from 47.5 crore in 2017-18, Union Minister Shobha Karandlaje informed Parliament on Thursday, citing Reserve Bank of India (RBI) data.

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India saw a 6% increase in employment in FY24, up from 3.2% in FY23, according to data from the Reserve Bank of India (RBI). This growth brought the total number of jobs to 64.33 crore, an increase from 59.67 crore in FY23.

Job growth up but quality concerns persist: RBI data

July 9, 2024, 12:21 PM - 2 min read

The RBI stated on Monday that it is using a provisional estimate of productivity for the entire economy for the first time in FY24 based on available data. Despite the reported growth in jobs, the quality and distribution of these jobs raise concerns, especially with the formal sector employment remaining significantly low.

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