The unemployment rate in India increased to 5.6%in May, while the rural areas were sharper. Air India’s tragic crash added to the boeing fighting in the middle of the hard competition of Airbus’s opponent. And the conflict of Israel and Iran has caused oil prices to top.
Unemployment increases in urban rural India
The unemployment rate in India increased to 5.6% of 5.1% in April in May, according to the latest report on regular labor survey (PLF) published by the Ministry of Statistics. The rise was due to rural and urban unemployment. Rural unemployment increased by 60 basis points to 5.1%, while urban unemployment increased by 40 basis points to 6.9%. An increase in unemployment can be attributed to seasonal patterns, especially in rural areas where activity can rise in June due to sowing kharif. Urban unemployment may require careful monitoring.
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Oil spikes in the middle of the conflict but the fuel has a buffer
The escalation conflict between Israel and Iran has led to an increase in oil prices, while Brent Crude Futures is currently around $ 75 per barrel, unlike the recent minimum of USD for a barrel in May. While rising oil prices could affect the growth of India and the current account deficit, it is unlikely because the government has a bumper to reduce excise duty on gasoline and diesel. The recent trend shows that gasoline and diesel prices have remained stable despite volatility of oil prices.
Wholesale inflation throws at 14 months
0.39%: This is the Indian wholesale level of inflation for May, 14 months minimum, led by declining food prices, fuel and key production items. The wholesale food inflation dropped to 1.72%, with sharp deflation in vegetables, pulses and potatoes. This comes after retail inflation has released a six -year minimum of 2.8%, which indicates a wide price stability. A favorable base, lower prices of global commodity and hope for normal monsoon are expected to maintain inflation in the coming months.
Boeing’s Blues give the Airbus the edge
The recent Air India crash has joined the problem running of the boeing, which seriously hindered its operations and profitability. Between 2015 and 2025, Boeing recorded 467 accidents and 1,458 deaths compared to 246 Airbus accidents and 564 deaths – with enthusiasm of similar fleet sizes, Hownialives.com showed. Boeing’s reputation has taken repeated hits from 737 Max Crash in 2018 and 2019, which led to grounded aircraft, questions and losses. Meanwhile, Airbus remained a low key, but consistent, provided more aircraft and showed permanent profits.
Indian business balance is improving
In May, the Indian business deficit narrowed sharply to $ 21.9 billion from $ 26.4 billion in April, driven mainly by lower imports. The export of goods was $ 38.7 billion, which is slightly from $ 38.5 billion in April. Imports, on the other hand, fallen sharply to $ 60.6 billion out of $ 64.9 billion in April. The decreasing raw and gold import also supported the gap in the narrowing. While the Indian trade balance improved from the previous and year -on -year period in May, exports were 2.2% lower year -on -year.
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Hindustan Zinc Capacity Plan
£12 000 crore: This is the size of the new extension plan from Hindustan Zinc LTD to increase its metal capacity. According to the Mint report, the company plans to add a capacity of 250 kilometers per year (KTPA). This would be the first phase of his ambitious plan to double the performance of metals in the next few years. To achieve its goals, the Board of Directors approved an investment in the addition of a new melting plant in its integrated complex zinc complex in Debari in Rajasthan.
Year Apple forget
Apple Worldwide Developers Conference (WWDC) 2025 was to show innovations. Instead, it emphasized the deeper struggle of society. Apple shares fell by almost 20%this year, which meant the worst performance among large technology companies, the analysis showed how it was. The iPhone creator faces persistent problems from stagnant sales, regulatory heat in its trading service, to a reduced Chinese market. While the opponents are pushing forward in AI, Apple lags and relies on partners such as Openi. Overall weak innovations and global pressures made 2025 a difficult year for a technological giant.
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Graph of the Week: Nuke Check
Nine countries, including the US, Russia, Great Britain, France and India, organized by around 12,241 nuclear weapons collectively, with about 3,912 deployed and 2,100 on a high operational warning, showed the Stockholm report of the International Research Institute. The US and Russia own almost 90% of all nuclear warheads.
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