unemployment benefits

A new book challenges India's growth narrative, highlighting a 'lost decade' of jobless growth. With millions of young Indians unemployed and a significant return to agriculture, the country faces a narrowing demographic dividend window. Experts warn of potential social conflict and a credibility crisis for the current economic model.

Indian markets mirrored global trends as US stocks dipped, pressured by rising oil prices and Treasury yields, despite Nvidia's stellar earnings. While AI enthusiasm cooled, a resilient US economy and strong export data from Japan offered some bright spots. However, concerns over geopolitical tensions and inflation persisted, impacting investor sentiment.

Actor Vijay's new party, TVK, has made a significant electoral impact in Tamil Nadu with a welfare-focused manifesto. Promising women's safety, youth employment, and transparent governance through technology, TVK challenges established parties. Key initiatives include monthly aid for women, free LPG, and skill development programs, aiming to reshape the state's political landscape.

What began in 2011 as a movement against the Left Front’s stagnation had, by 2026, come full circle. Mamata Banerjee had once represented disruption and hope. Over time, her regime became associated with a different vocabulary. Words like “cut money”, “syndicate control”, and “tolabazi” became shorthand for everyday governance failures. This was not merely opposition rhetoric, it was a lived experience. From construction projects to small household repairs, local syndicates were perceived to control economic activity.

nthropic CEO Dario Amodei keeps predicting that AI will trigger mass unemployment on a global scale. But with an Anthropic IPO reportedly targeting a $900 billion valuation, his warnings may be doing double duty—as both public service and investor pitch. Anthropic's own labor research shows the reality is far more gradual. And voices from Sam Altman to Meta's Yann LeCun are increasingly pushing back.

Home Minister Amit Shah unveiled major BJP promises for West Bengal, including implementing Uniform Civil Code, banning triple talaq, and ending polygamy. He also pledged financial aid for women and unemployed youth, and a crackdown on cattle smuggling. Shah highlighted national security achievements and vowed to expel illegal infiltrators if the BJP wins.

In this interview, economist Ajit Ranade explains why the anger in Noida ran deeper than one wage hike. At the heart of it, he argues, are stagnant incomes, contract labour, rising prices, and a factory economy built on persistent insecurity

Aam Aadmi Party's rising star Raghav Chadha has dramatically exited the party, along with six other Rajya Sabha members on Friday. The seven MP's announced their merger with BJP claiming that AAP "has now completely deviated from its principles, values, and morals". This move signals a significant internal rupture and an existential moment for the AAP, following Chadha's removal as deputy leader.

Elon Musk has proposed a "Universal HIGH INCOME" system, suggesting government checks to combat AI-driven job losses. This idea aligns with OpenAI CEO Sam Altman's proposal for a public wealth fund, despite their rivalry. Critics, however, warn of reduced work incentives and increased government reliance.

Prime Minister Modi declared "women's welfare is Modi's guarantee," accusing Congress and Trinamool of obstructing women's reservation law amendments. He highlighted BJP's promises for women, including financial aid, free healthcare, and vaccination, while criticizing Trinamool's alleged "anti-woman" and "anti-tribal" stance and religious reservation agenda.

The May 2026 Visa Bulletin signals increasing demand for India's EB-5 Unreserved category, pushing its Final Action Date to May 1, 2022, and warning of potential retrogression or unavailability. However, EB-5 Reserved categories remain current for Indian investors, offering a promising alternative for new applicants.

Elon Musk has again proposed universal high income, suggesting government checks could offset AI-driven job losses. He believes this won't cause inflation, as AI-produced goods will outpace money supply increases. Musk envisions a future free from poverty, where saving money becomes unnecessary due to ample income. However, his ideas have drawn skepticism regarding dependency and fairness.

The UAE has significantly expanded its Nafis programme, extending benefits until 2040 to boost Emirati employment in the private sector. Key changes include removing the cap on child allowances, offering targeted salary support for children of Emirati mothers and wives of Emirati citizens, and focusing on future job sectors.

Union Home Minister Amit Shah announced that a BJP government in Bengal will introduce a Uniform Civil Code within six months of taking office. The party's manifesto also promises monthly financial assistance for women and unemployed youth, along with job reservations for women and strict measures against infiltration.