Job Growth in Rural India Lowers Unemployment to 5.2%

India’s unemployment rate dropped to 5.2% in July 2025, according to the latest Periodic Labour Force Survey (PLFS) released by the Ministry of Statistics and Programme Implementation (MoSPI). This decline signals encouraging signs of recovery in the labour market, particularly driven by rural employment gains. The survey paints a mixed but hopeful picture of India’s … Read more

SBI Launches Collateral‑Free ₹4 Lakh Loan for Agniveers

On India’s 79th Independence Day (August 15, 2025), the State Bank of India (SBI) launched two significant financial initiatives aimed at empowering defence personnel and enhancing digital banking. These include a collateral-free personal loan scheme for Agniveers—the youth recruited under the Agnipath scheme—and a revised fee structure for Immediate Payment Service (IMPS) transactions. This move … Read more