The stimulus package announced by the government for the revival of the pandemic-hit economy has been found to be "inadequate", according to a Parliamentary panel report. The report of the department-related Parliamentary Standing Committee on Industry on the impact of COVID-19 pandemic on micro, small and medium enterprises (MSME) sector has noted that in the process of economic recovery post-first wave of the pandemic, the second wave has even more vigorously ripped the economy particularly the MSME sector. "The committee observes that the stimulus package announced by the government for the economic revival from the pandemic hit economy has been found to be inadequate as the measures adopted were more of loan offering and long-term measures instead of improving the cash flow to generate demand as immediate relief," it said.
With the number of coronavirus infections declining in the country, industry chamber FICCI has suggested the government to follow a graded approach in unlocking economic activities. The chamber has suggested opening up of economic activities depending upon the positivity rate of COVID-19 cases in that region or district. It has divided regions at four levels - minimal risk, low risk, medium risk and high risk. It has asked for opening e-commerce supplies for both essential and non-essential activities in all districts irrespective of the positivity rate, besides home delivery of alcoholic beverages, logistics, warehousing and all cargo movement.
After conducting an aerial survey of some of the affected areas and attending a review meeting along with Prime Minister Narendra Modi in Basirhat in North 24 Parganas district, she said there is a need to work together at this hour of crisis.
The central bank's tough new rules spell major changes in the competitive landscape for financial services audits.
Nepali labourers are not only the backbone of the state's apple economy but also part of the highly grounded manpower in the orchards, setting an example for other states struggling with the migrant labour question, reports Ashwani Sharma.
These airports are those at Amritsar, Varanasi, Bhubaneswar, Indore, Raipur and Trichy.
The deadline for officers to decide on their career path in the biggest organisational rejig in the central bank's 85-year history ends on January 31. The immediate fallout could be its disruptive impact on the supervisory process for 2020 -- and beyond -- given the manpower shortfall, even as more entities are set to come under closer central bank scrutiny.
The DG of the ITBP said his troops have been provided with special winter clothing and nutritious food as they brave the severe chill in eastern Ladakh where the armies of India and China are locked in a tense standoff for over six months. He said 'strains in bilateral relations are already evident but we are confident these will be sorted out peacefully very shortly'.
Intense showers battered Chennai and other northern regions of Tamil Nadu on Thursday while the depression over Bay of Bengal crossed the coast by evening.
The IMD has issued an orange alert for Mumbai, warning of very heavy rains at isolated places with strong winds on Monday as the very severe cyclonic storm Tauktae is likely to pass close to the Mumbai coast towards Gujarat.
A bench of Justices S K Kaul and M M Sundresh referred to the affidavit filed by the CBI Director in pursuance to the top court's earlier direction asking to apprise it about the steps to be taken to strengthen their prosecution unit, the bottlenecks, and also about conviction rate in matters probed by the agency.
The armed forces have roped in Battlefield Nursing Assistants (BFNA) to help fight the second wave of COVID-19 and have suggested that a similar model can be followed by state governments and hospitals, according to senior officials.
Mementos, the new brand, would be aimed at addressing the need for boutique luxury hotels across various destinations.
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.
Group Commander (coordination) B K Jha was admitted to the Central Armed Police Forces Hospital in Greater Noida after he contracted COVID-19 and breathed his last early morning.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
A greater payment security mechanism for power generation companies to ensure timely payouts for supply of electricity will be in focus in 2022 as stricter rules are on the anvil for 24x7 power supply amid discoms' outstanding dues at a whopping Rs 1.56 lakh crore. Mounting outstanding dues of distribution companies (discoms) to electricity generation companies (gencos) have been a perennial issue affecting the entire value chain in the power sector and are also a hindrance for the ambitious goal of 24x7 power supply across the country even when the payment for coal is made in advance. The situation persists despite the fact that discoms' dues become overdue after 45 days of generating bills and they also have to pay penal interest on the overdue amount in most of the cases to gencos.
Batting for holding of simultaneous elections in the country, a parliamentary committee on Tuesday said this will reduce the burden on the exchequer, expenditure of political parties and also ensure that human resources are optimally utilised.
The images show city lighting on April 30 (before the storm) and on May 5, 2019, two days after Fani made landfall.
Tech is also being used to stem resignations, which have recorded a rise amid COVID-19.
Named after Satyajit Ray's famed detective, the Feluda test, which is priced at Rs 500 and can deliver a result in 45 minutes, is able to differentiate SARS-CoV-2 from other coronaviruses even if genetic variations between them are minute.
Modi said people, especially those involved in 'blue collared' jobs, would prefer to get employment near their homes. He suggested that artificial intelligence can be used help employers meet skilled workforce.
The activities of the two secretariats over the years have increased many folds which involve manpower planning, judicious and prudent financial management, transfer, postings of senior officials, meeting the grievances of the officials and staff, reveals Rup Narayan Das.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
A 26-year-old Sikh-American officer in the US Marines who has been allowed to wear the turban - the first person in the 246-year history of the elite force allowed to do so, but with a few limitations, plans to sue the Corps if he is not granted full religious accommodation, according to a media report.
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.
The employees said in a joint memorandum that they are feeling "demotivated due to shortage of manpower in lower cadres and huge stagnation in officers cadre right at this moment".
"The Indian Medical Association has requested all its 3.5 lakh members in 1,800 local branches to voluntarily come out to get vaccinated first to show the world that these vaccines are safe and efficacious," it said.
IOC chief said he believed more than 80 per cent of residents of the Olympic Village would be vaccinated or booked for vaccination ahead of the Games
Even as Chinese troops continue squatting on territory that we claim as our own -- this was the lowest allocation for defence in percentage terms since the 1950s, reveals Ajai Shukla.
The situation that developed in eastern Ladakh last year required acclimatisation of a large number of IAF personnel and stretching of equipment to limits, but the force is "much better prepared" now in case there is a "long haul", Chief of Air Staff Air Chief Marshal V R Chaudhari said on Thursday.
Days after the Supreme Court observed that the 'success rate' in cases taken up by the Central Bureau of Investigation is perceived low, the agency has informed it that it has achieved the conviction rate of about 65-70 per cent, and would try to raise it to 75 per cent by August 2022.
Forty-nine migrant workers have been inducted by the state government as members of its 'COVID-19 Warriors Club' to assist the coronavirus patients.
He said companies with a good strategy, technology, capital, liquidity and a motivated team will emerge as winners after the crisis.
A circular-cum-advisory issued by the state Directorate of Health Services last week said the second wave of the pandemic is likely in January-February, and asked officials concerned to ramp up COVID-19 testing in the state.
It is worrisome that salaries are consuming as much expenditure as equipment.
Jammu and Kashmir and Odisha on Tuesday recorded their first cases of the Omicron variant of COVID as the count of the new strain in 14 states and union territories crossed 200 even as the Centre said there is a need to 'activate' war rooms, take 'pro-active' action and consider night curfews.
'The contestants won't be able to hug him but Bachchan sir will be doing an 'elbow hi'. Physical distance hasn't disturbed the content.'
With the increased death rate in the ongoing second wave of Covid-19, domestic cement companies are in no better condition than they were in the April-June quarter of FY21 when the country faced nationwide lockdown. "This wave has had high death rate which has impacted the business. "We are in no better situation than last (year) April. "Deaths of drivers, dealers, contractors and also employees have hit the industry really very hard since April (FY22)," M Ravinder Reddy, director of Bharathi Cements said.
The search committee will forward the names to the selection committee comprising the Prime Minister, the Chief Justice of India or his nominee, Lok Sabha Speaker, the leader of the largest opposition party and an eminent jurist.
