The Union government has ordered the complete withdrawal of the counter-terrorist commando force NSG from VIP security duties and handing over its nine "high-risk" VIPs to the CRPF by next month, official sources said Wednesday.
Only 13 per cent employers in India have hiring plans in the July-Septermber quarter, says a survey.
The strike by the Maharashtra State Road Transport Corporation (MSRTC) employees for salary hike and other demands entered the second day on Wednesday, which continued to cripple the services and cause inconvenience to lakhs of passengers, especially ahead of the Ganesh festival.
The July-September quarter (Q2) results for 2024-25 (FY25) from the largest listed consumer electrical solutions companies, Havells India and Polycab India, followed similar trends, demonstrating robust revenue growth while falling short of profitability expectations. Both companies witnessed overall growth in the 16-30 per cent range, but margins declined by 130-290 basis points (bps) year-on-year (Y-o-Y). Although brokerages are bullish on long-term prospects and have raised revenue projections, earnings forecasts have been revised downward due to margin pressures.
Out of 24,230 IIT and NIT grads, about 8,000 students didn't find any takers during campus placement drives this year.
'In the case of a road accident, prevention is the only answer.' 'There's no cure to death or disability when the accident happens, and when it's due to reckless or negligent driving, it's worse because it's avoidable.'
He made the announcement after Maharashtra minister and member of Maratha quota sub-committee Shambhuraj Desai, Shiv Sena MP Sandipan Bhumre met him at his native Antarwali Sarati village in Jalna district and discussed the issue.
In a recent report published by the Confederation of Indian Industry and the Boston Consulting Group, has estimated India would face 'talent gap'-- the lack of right skills for the job required -- of more than 5 million by 2012, as existing educational institutions do not impart employable skills. The report titled, 'India's demographic dilemma' brings out the fact the $1.1-trillion economy will have a shortfall of 750,000 skilled workers over the next five years.
The existing strategies are based on one-size-fits-all approach.
According to the ManpowerGroup Employment Outlook survey released on Tuesday, that covered 5,131 employers across India, a net 19 per cent of employers are anticipating an actual rise in their staffing numbers, while 52 per cent expect no change and 28 per cent are not sure about adding to their existing staff strength.
According to the Employment Outlook Survey released on Tuesday by workforce solutions major ManpowerGroup, 41 per cent of the surveyed Indian employers are expected to add on to their staff levels in second-quarter of this calender year.
'What's sad today is that there are so many people who cannot find work, not because the country is devoid of that opportunity, but because we are not doing enough in the country.'
However, the Indian government and companies need to focus on understanding the skill sets they would need in the future and train the country's young population accordingly to maintain the supply-demand balance of the job market, Manpower Group President (Global Corporate and Government Affairs) David Arkless told PTI in an interview in Davos.
As per the survey, 7 per cent of employers anticipate an increase in payrolls, 3 per cent forecast a decrease and 54 per cent expect no change.
Indian employers have robust hiring intentions for the next three months, with 49 per cent of companies planning to add more staff in the January-March quarter, as employers are positive about achieving sustained post-pandemic recovery, a survey said on Tuesday. According to the latest ManpowerGroup Employment Outlook Survey, hiring sentiment in India is the strongest reported in eight years, improving by five percentage points in comparison with the prior quarter and by 43 percentage points when compared with this time one year ago. The survey of 3,020 employers noted that 64 per cent expect to increase their staffing levels, 15 per cent anticipate a decrease and 20 per cent do not anticipate any change, resulting in a seasonally adjusted Net Employment Outlook of 49 per cent.
State Bank of India (SBI) is planning to recruit over 15,000 people in 2024-25, increasing the strength of those in the field for marketing. The recruits will be also for deployment in the bank's operations subsidiary and expanding the branch network. The operations subsidiary - State Bank Operations Support Services - became functional last year.
According to the Manpower Employment Outlook Survey released today by ManpowerGroup, the hiring pace for the upcoming quarter has rebound from both, last quarter and a year ago at this time.
The encouraging news, however, is that India features among the top four countries out of 44 nations that projected a positive hiring trend.
'India has a skill shortage of 56%.' 'This is a very interesting paradox -- the unemployment rate is 6% to 7%, and at the same time 20% of those qualified are unemployed.'
'The jungles of Doda covers about 250 km.' 'Sleeper cells are providing active help to the terrorists.' 'The terrain and situation is such that it is not possible to keep track of every inch.'
This is expected to benefit subcontractor firms such as Manpower Group, Randstad, Adecco, Kelly Services, Allegis Global Solutions and a host of other boutique staffing firms which supply skilled manpower to technology companies in the US.
The plan to relieve NSG from VIP security tasks has been in the making since 2012 when NSG commanders foresaw an event where simultaneous terror attacks could be witnessed at one time on multiple centres in the country and the commandos will have to be rushed in different directions.
Several deaths were reported across the country due to rain-related incidents like lightning strikes and drowning.
The parliament duty group of the CRPF wound up its entire administrative and operational paraphernalia -- vehicles, weapons and commandos -- from the complex on Friday and its commander, a deputy inspector general-rank officer, handed over all the security points in the complex to the incoming CISF group, the sources said.
According to ManpowerGroup's survey of more than 37,000 employers in 42 countries and territories, employers in Japan report the greatest talent shortages globally (81 per cent), followed by Peru (67 per cent) and India (64 per cent).
'There is a behavioural shift and conservativeness with companies cutting down on manpower and rationalising the number of people.'
According to a global Talent Shortage Survey, Indian employers are finding it difficult to fill in positions in IT, accounting and administrative assistance.
Severe skilled, unskilled shortage threatens to pull emergency brakes on India's industrial engine.
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
According to several industry sources in the know, expenses towards deploying contractual staffer, which used to account 10 per cent of the overall billable employee cost at IT firms, has fallen to around 3 per cent. IT firms typically use the contractual workers from staffing solutions providers or subcontractors.
On July 25 and 26, the regulator's team carried out the surveillance of Air India in the areas of internal audit, accident prevention work and availability of required technical manpower.
The 1.4% decline projected for 2025 is driven by a 5.6% (72,000) dip in the strength of railway employees to 1.2 million by next year.
Indian employers have the most optimistic hiring plans for the October-December quarter, driven by government's increased focus on ease of doing business.
Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.
Globally, however, India's position is still better than other developed nations like Australia and Japan.
Indian employers reported the strongest hiring plans while the weakest Asia Pacific forecast was reported in mainland China.
Retirement fund body EPFO recorded a net addition of 17.21 lakh members in September, according to payroll data released on Monday. Month-on-month comparison of payroll data shows an increase of 21,475 net members over August 2023, a labour ministry statement said. Year-on-year comparison of payroll data reflects an increase of 38,262 net members over September 2022.
Ahmedabad airport recorded thrice the number of private chartered/VIP flights in the build-up to the final of the ICC Men's Cricket World Cup as compared to the average four-day period. The airport, which usually operates around 64 chartered flights in a span of four days, is set to handle 205 such flights between November 17 and 20, as celebrities and other VIPs descended to watch the India-Australia match.
Opportunities for job seekers are expected to grow even better in 2015 with employers in India being most optimistic on hiring, says a report.
India slips to second place on hiring outlook