India's Jobless Rate Stood at 5.6% in June, Government Says
The overall unemployment rate in urban areas inched up to 7.1% from 6.9% in May, while it was 4.9% in rural areas, the government said. Youth unemployment for those aged between 15-29 years was at 15.3% in June, compared to 15% the previous month, according to the survey.
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Forbes
an hour ago
- Forbes
Trump Approval Rating Reaches Low Point In Latest Survey
President Donald Trump's net approval rating dipped to its lowest point of his second term in the most recent Economist/YouGov survey, though a second poll this week showed a slight improvement from last week. President Donald Trump speaks to the press before boarding Marine One on the South Lawn of the White ... More House on Friday April 25, 2025. The Washington Post via Getty Images July 15 -14 net approval rating: Trump's net approval rating dipped to its lowest point of his second term in Economist/YouGov polling, with 41% approving and 55% disapproving, according to the survey of 1,506 registered voters (margin of error 3.1)—consistent with his lowest approval rating of his first term, according to Economist/YouGov polling. July 14 -3: Trump's approval rating improved two points, to 47%, while his disapproval rating also improved two points, to 50%, in Morning Consult's weekly survey of 2,201 registered voters with a two-point margin of error. July 2 -16: Trump's approval rating stands at 40% in a Yahoo/YouGov poll of 1,597 U.S. adults conducted June 26-30 (margin of error 3.2), a four-point decrease from the groups' March poll, while 56% disapprove. Trump's -16 net approval rating is three points worse than it was at this point during his first term, according to YouGov data, while former President Barack Obama had a +14 net approval rating and former President Joe Biden had a +7 approval rating halfway through their first years in office. June 30 -3: Trump's disapproval rating improved from 53% to 50% in Morning Consult's weekly poll compared to its survey last week, while his approval rating increased from 45% to 47% (the survey of 2,202 registered voters was conducted June 27-29 and has a two-point margin of error). The rating was Trump's best since May and coincides with an uptick in respondents' approval of his handling of national security issues since last week, following a cease-fire agreement between Israel and Iran. June 23 -16: Trump's approval rating dipped one point, to 41%, in a Reuters/Ipsos survey of 1,139 U.S. adults taken June 21-23 from its June 11-16 survey, with 57% disapproving (the latest poll has a 3-point margin of error). The poll also found a plurality, 45%, of U.S. adults surveyed do not support the airstrikes on Iranian nuclear facilities over the weekend, while 36% support them and 19% said they were unsure. June 17 -13: An Economist/YouGov poll found 54% of voters disapprove of Trump's job performance, while 41% approve (the survey of 1,512 U.S. adults was conducted June 13-16 and has a 3.3-point margin of error). 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June 16 -12: Trump's approval rating remained stagnant at 42% in a Reuters/Ipsos poll taken June 11-16, compared to the groups' May poll, but his disapproval rating increased two points, to 54%, in the latest survey of 4,258 U.S. adults (margin of error 2). June 16 -4: Trump's approval rating declined one point, from 47% to 46%, in the latest Harvard CAPS/Harris survey, compared to the groups' poll taken last month, while 50% of respondents said they disapprove of his job performance (the online survey of 2,097 registered voters was conducted June 11-12 and has a 2.2-point margin of error). Trump's approval rating in the Harvard CAPS/Harris poll has dropped every month since February, when he had a 52% approval rating. Trump's approval rating for nine separate issues also declined from May to June, with less than half of voters saying they approve of each of them, with tariffs and trade policy receiving the lowest marks (41%) and immigration receiving the highest (49%). 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Gizmodo
an hour ago
- Gizmodo
Tesla Arrives in India With Cars Priced for the 1%
The wait is over. Tesla has finally launched in India. The all-electric carmaker has officially opened up sales in the world's third-largest auto market, hoping that a foothold in this fast-growing economy could help counteract the company's recent global slump. On Tesla's newly launched India webpage, customers can now place orders. But the offering is limited: Tesla is only selling the Model Y SUV, available in two variants—Rear-Wheel Drive with a base price of ₹59,89,000 ($69,647) and Long-Range Rear-Wheel Drive priced at ₹67,89,000 ($78,950). For comparison, the same Long-Range Model Y costs just $44,990 in the United States. That's before applying the $7,500 federal EV tax credit available to eligible U.S. buyers, which can bring the effective price down to $37,490, less than half of what Tesla is charging in India. That price tag is simply out of reach for most Indians. As of 2025, the average annual salary in India is approximately ₹3,58,000, or about $4,186, according to Payroll data. That means the base Model Y costs more than 17 times what an average Indian earns in a year. The sticker shock raises tough questions: why is Tesla entering a price-sensitive market with a product that's so clearly unaffordable for the vast majority of potential buyers? Tesla hopes a policy shift could change that. 'Tesla hopes that India's current high automotive import tax of 70%-100% will be reduced to around 10% in the near future, which will enable them to not only lower the cost of the Model Y for the consumer, but also enable them to import cars from Giga Berlin instead of Giga Shanghai,' explained Sawyer Merritt, a Tesla investor and close watcher of the company, on X (formerly Twitter). NEWS: Tesla has officially launched orders of the Model Y in India! The first ever Tesla car deliveries in the country will start this quarter (Q3 2025). Starting prices:• Model Y RWD: $69,700 (USD)• Model Y LR RWD: $79,000 (USD) FSD also costs $7,000 USD in India. Model Y… — Sawyer Merritt (@SawyerMerritt) July 15, 2025The first deliveries are expected in the current third quarter. Tesla CEO Elon Musk has long identified India—and its 1.46 billion citizens—as a strategic priority. In 2023, he called India more promising than any other country in the world but warned that sky-high tariffs had made entry impossible. That's now changing. India has recently begun offering tax breaks on imported electric vehicles to foreign automakers that agree to build local factories and make significant domestic investments. But according to Indian media reports, Tesla currently has no concrete plans to build a factory in India. The Model Ys that are now for sale will be imported from Tesla's Shanghai Gigafactory in China. Meanwhile, Tesla's global sales have taken a hit. In the second quarter of 2025, Tesla reported a 13.5% drop in global deliveries, part of a broader slowdown in the electric vehicle market as consumer demand cools in the U.S. India's electric vehicle market, while growing fast, remains small. In 2024, just over 100,000 EVs were sold in the country, representing less than 3% of total car sales. Tesla's launch in India also comes amid broader trade talks between India and the United States. With former President Donald Trump threatening steep new tariffs on countries like India, officials in New Delhi have been working to secure a bilateral trade agreement. Last month, the Indian government also gave the green light for Musk's Starlink satellite internet service to operate in the country, a move some analysts see as part of a broader economic opening to the Musk empire.
Skift
2 hours ago
- Skift
Air India to Bring Back Some International Flights – But Makes Other Cuts
Air India is trying to regain its footing after a major crisis. But this is still a period of uncertainty for the airline and its partners. Skift's coverage of the Air India crash is offered free to all readers. Air India said Tuesday it is bringing back parts of its international schedule that it had cut after the crash involving flight AI171 – but it is also making adjustments elsewhere, including reductions on certain routes. The airline had previously reduced its long-haul flights by around 15%, citing the need for extra safety checks and the impact of global airspace restrictions. Air India plans full restoration of services by October 1. Increased Frequencies From August 1 until September 30, Air India is launching a new thrice weekly service between Ahmedabad and London Heathrow, replacing the earlier Gatwick connection. The key routes seeing restored frequencies include Delhi-London Heathrow, which will now be back to 24 weekly flights from July 16, as well as Delhi-Zurich, which is increasing from 4 to 5 flights weekly from August 1. The airline is bringing back its Delhi-Amsterdam operations – currently operating five flights a week – to its seven-day schedule starting August 1. The airline will also fully reinstate its Delhi-Tokyo (Haneda) to seven times a week while the Delhi-Seoul (Incheon) services will get back to five weekly by September 1. The Delhi-Chicago route will also increase to four flights a week in August. The Amritsar–Birmingham service is scheduled to return to three flights a week beginning September 1. Further Reductions The airline will further reduce the Bengaluru–London Heathrow route to just four times a week from August 1. There are also frequency reductions on key New York routes. The Delhi-New York JFK service will reduce from daily to six flights a week, effective July 16, while Mumbai-New York JFK will also shift to six weekly flights, starting August 1. Flights from Delhi to Newark Liberty Airport will drop from five to four per week, also beginning July 16. The airline will reduce the Delhi–Paris service from 12 flights a week to 7, effective August 1. Similarly, Delhi–Milan will drop from four to three flights weekly, with the change taking effect July 16. Routes at Their Previously Reduced Levels. On the Delhi–Birmingham route, the airline continues to operate two weekly flights, down from its previous frequency of three. The Delhi–Copenhagen route continues at three flights per week, down from five. Delhi–Vienna also remains at three weekly flights, reduced from four. The Delhi–Washington Dulles service continues to operate three times a week, down from five. Similarly, Flights between Delhi and San Francisco remain reduced, operating seven times a week, down from the earlier 10-weekly schedule. The Delhi–Toronto route also continues to run daily, down from 13 flights a week. Service to Vancouver from Delhi is currently running four times weekly, a reduction from its previous daily schedule. In Australia, Delhi–Melbourne and Delhi–Sydney routes both remain cut back to five flights a week, down from daily service. No frequency increases are currently scheduled. Air India recently reinstated its Delhi–Nairobi service, operating three times a week through August 31. However, this route will again be suspended for the month of September. Operations That Remain Suspended Some routes are still suspended entirely, such as Amritsar–London Gatwick, Goa (Mopa)–London Gatwick, Bengaluru–Singapore, and Pune–Singapore, with no service planned until at least October. On June 12, Air India Flight AI171, a Boeing 787 Dreamliner, crashed shortly after takeoff in Ahmedabad en route to London Gatwick. Of the 242 passengers on board, only one survived. On Saturday, India's Aircraft Accident Investigation Bureau (AAIB) in a preliminary report said an unexplained fuel supply cutoff caused both engines of Air India Flight AI171 to shut down seconds after takeoff. Following the accident, the Indian aviation regulator DGCA ordered detailed inspections across Air India's 787 fleet. In addition to the safety reviews, the airline also faced complications from restricted airspace over Pakistan and the Middle East, and night flying limits in parts of Europe and East Asia. The combination of longer detour routes and fewer available aircraft made it difficult to maintain its usual schedule. Related
