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The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
'Make in India'presents a huge opportunity for jobs.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
India's manufacturing sector activity hit the highest level in eight months in July, driven by a significant rise in business orders, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index rose from 53.9 in June to 56.4 in July, reflecting the strongest improvement in the health of the sector in eight months. The July PMI data pointed to an improvement in overall operating conditions for the 13th straight month.
The minister further said another industry chamber Federation of Indian Chambers of Commerce and Industry too had contradicted the Assocham study, which had said that in the next 10 days or so about 25 to 30 per cent employees are likely to lose jobs in seven sectors including aviation, information technology, steel, financial services, real estate, cement and construction.
As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of the employers are bullish about hiring prospects in the first half of 2012.
Maharashtra Chief Minister Vilasrao Deshmukh emphasised on Thursday job creation potential of foreign investors operating their plants in the state saying his government was equally concerned with employment aspect just as the volume of investment.
In years past, we often approached the Budget expecting to see changes in direct and indirect taxes. Those days are behind us. The Budget of today seeks to expand the economy and keep it at the forefront of technology, observes Harsh Goenka.
The corporate big-wigs gathered in Davos, for the 44th World Economic Forum Annual Meeting said investors, corporate boards, business schools and accounting rules must change to de-emphasise short-term financial performance.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
The services sector growth in India rose to a three-month high in December supported by favourable economic conditions and positive demand trends, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 56.9 in November to 59 in December, highlighting a sharp increase in output that was the most pronounced since September. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
The earlier forecast expected to see 654 million working Indians overall by the fiscal year ending 2022.
This appears to be a common refrain in Uttar Pradesh's Lakhimpur Kheri Lok Sabha constituency where farmers want better prices for their produce and respite from the stray cattle menace and others want political leaders to talk about job creation instead of issues like the Ram temple and Article 370.
New job creation dropped by over 40 per cent in 2008-09, with 469 companies studied having recruited 1,35,987 employees during the year under review, compared to 2,28,968 in the 2007-08.
Let the governments do what they are doing, let the government do diplomacy but everyone knows that in the long term, Canada's strategic interest and India's strategic interest are absolutely aligned," the high commissioner said.
Leading social networking site LinkedIn had examined the data of over 259 million members' profiles to determine the top 10 most popular job titles that were non existent in 2008.
Sections of our media and elites take Western reports/judgements at face value and are ready to condemn the targets without understanding the deeper power linkages behind such actions, asserts Colonel Anil A Athale (Retd).
Despite the towering image of BRS supremo and Chief Minister K Chandrashekar Rao, along with the party's extensive grassroots network and welfare programmes, the perceived inaccessibility of its leaders contributed to the growing anti-incumbency sentiments.
"It is an honour to be among the select few invited here today to speak to President Obama about the opportunity for organisations to grow and profit while optimising natural resources consumption and minimising environmental impact," said Amit Chatterjee, CEO and founder of Hara Software. Hara builds software that allows companies to track their use of natural resources and their carbon emissions.
United States President Barack Obama on Tuesday vowed to focus on job creation and faster economic growth as the US senate passed the debt ceiling bill to avert a major economic crisis at the last moment.
Hiring prospects in the hospitality sector look bright as a large number of employers are expected to increase their workforce considerably in the coming months, global staffing services firm Manpower says.
Sukanya Verma looks at their eclectic career of over two decades as their latest offering Citadel: Honey Bunny, the Indian leg of the Russo Brothers globetrotting spy universe series, drops on Amazon Prime Video on November 7.
From January-March this year, 64,000 jobs were created in eight crucial sectors of the economy.
Terming it a socially responsible business model for growth, HCL Tech vice chairman and CEO Vineet Nayar said the company would create these jobs for fresh engineers.
Job opportunities across the country grew at an estimated rate of 2.62 per cent every year, the latest quinquennial (once every five years) analysis by the National Sample Survey Organisation (NSSO) showed. The growth of unemployed, at 5.42 per cent per annum, outnumbered the rate of job creation during the survey period between 1999-2000 and 2004-05. Unemployment rate was found to be maximum in qualified graduates in rural and urban parts of the country.
Nearly 31 million Indians are unemployed and looking for jobs. While economic growth has been humming along, the pace of job creation has been poor. A revealing excerpt from Dev Kar's India: Still A Shackled Giant.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
The services sector growth in India rose to a 13-year high in September on sharp increase in new business amid strong demand conditions, and job numbers continued to increase as overall business mood improved, a monthly survey said on Thursday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 60.1 in August to 61 in September, signalling a sharp upturn in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
Over 100 Indian institutions offer semiconductor design curricula, but hardly any of them focuses on manufacturing and process technology, a top official from global memory and storage major Micron Technology said on Thursday. There is significant global demand for such chip engineers, its president and chief executive Sanjay Mehrotra said at the 10th Vibrant Gujarat Global Summit in Gandhinagar. "While more than 100 Indian institutions provide a semiconductor design curriculum, hardly any focus on semiconductor manufacturing and process technology.
'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
Obama is soon expected to sign the bill that was also passed by the House of Representatives.
Factors such as anti-incumbency, voter fatigue, and dissatisfaction among the youth contributed mainly to the poor showing of Bharat Rashtra Samithi in the Telangana legislative assembly election on Sunday.
'It is the first technology in history which is not just a tool, it is an agent.' Yuval Noah Harari on the dangers on AI.
Yadav claimed that his boss Nitish Kumar, with whom he took oath the day before, has issued instructions to the officials concerned to accord "top priority" to job creation.
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