'In times of recovery, we may see a rural-urban divide with the urban pockets affected more by COVID-19, but the MFI business model should encourage banks to handhold them in this hour of crisis,' notes Tamal Bandyopadhyay.
Top Indian IT firms, such as TCS, Infosys, and Wipro, have signalled taking aggressive cost take-out measures, including reduction in sub-contracting costs, travel expenses, freeze in salary hikes, and holding back variable payments, among others.
Every year, during Navratri, the key attraction in Mangaluru is the tiger dance, popularly known as Pili Vesha or Huli Vesha.
Indian women have education, inspiration and perspiration -- but not enough employment, points out Mahesh Vyas.
UEFA president Aleksander Ceferin, who followed FIFA president Gianni Infantino to the podium, directly compared UEFA's revenue to FIFA and the International Olympic Committee (IOC).
The sector will see a minimum of 3-5 per cent of the weight being shed in almost every IT company - particularly the big 20 - because of Covid and not performance-related issues.
'The cost of the lockdown so far is the loss of about 11 million jobs.' 'It is important that a fresh lockdown does not make this worse,' asserts Mahesh Vyas.
As India gets ready to roll out one of the largest vaccine programmes, billionaire Mukesh Ambani on Tuesday said his group is working with authorities to provide technology tools and backbone for mass inoculation against COVID-19. Ambani's telecom venture Jio was rolled out four years back, offering free voice calling and dirt-cheap data. Today, Jio is India's largest telecom operator with over 400 million users, each connected to the internet. At a Facebook event, Ambani said the government's digital push kept the country running even during the pandemic and is now helping in the rollout of one of the largest vaccination programmes.
January 2021 more than recovered the loss of employment of the past three months, notes Mahesh Vyas.
The finance minister did very well for equity market investors but not so with families, reveals Mahesh Vyas.
Satyarup Siddhanta is the youngest mountaineer in the world to climb both the Seven Summits and the Seven Volcanic Summits.
'Project Big Picture' called for the biggest six clubs in the Premier League, along with three other long-term members, to be given 'special voting rights' that would effectively put them in command of the world's most commercially successful league -- and leave the rest as second-class passengers.
Where paneer came to India from... How sambar got its name... Gulab jamun does not have Indian roots...
It is important to increase employment in general. It is even better to increase good quality jobs. Strategically, it is important to move people from farms to factories to improve overall labour productivity. It is important to improve job opportunities for women, for urbanites and for the educated. The Budget does not contain ideas to do any of this, points out Mahesh Vyas.
Bollywood stars join in the festivities.
The festival of 'dahi handi' was celebrated across the metropolis and neighbouring Thane district amid fervour that underscores indomitable spirit of an average Mumbaikar shrugging off the drudgery associated with daily life.
'My five-year-old grandson Arjun enthusiastically helps in jhadoo pocha, putting clothes in the washing machine, drying and then folding them up,' says Dr Veena Adige.
Here's a recap of the events from the past 24 hours.
Those who lost jobs in December were women, graduates, post graduates, salaried employees, observes Mahesh Vyas.
The bomber was killed outside the popular Karnak temple which is the second largest ancient religious site in the world.
Photo sharing website Instagram released its annual list of the most photographed places on its site. Which location topped the list? Read on!
The appraisals being done by most companies this year are harsher than past ones with higher threshold in many metrics. Reduction in headcount has been done across most tier-I and tier-II IT firms along with global technology firms in the country.
Janmashtami, which marks the birthday of Lord Krishna is being celebrated with much fanfare across the country.
The new launches in the affordable category could just be another marketing gimmick to push sales and mop up money.
City hold a 2-1 lead after an impressive performance in Paris last week and Guardiola's men are within touching distance of their first Champions League final.
While salaried jobs are not lost easily, once lost they are also far more difficult to retrieve. Therefore, their ballooning numbers are a source of worry, notes Mahesh Vyas.
'By November 2020, men recovered most of their lost jobs, but women were less fortunate: 49 per cent of the job losses by November were of women.' 'The recovery has benefited all, but it benefited women less than it did men,' notes Mahesh Vyas.
We could be on the brink if our export industries actually start losing jobs, says Shreekant Sambrani.
From North American gamblers to Indonesian housewives and Indian salesmen, all got hooked to Sergey Mavrodi scheme.
The fiscal deficit, as per the survey, deteriorated to 5.8 per cent of the GDP as compared to 3.4 per cent for 2018-19 estimated in the interim Budget.
While taking gold out of the closet to borrow money is no longer taboo in Indian households, the sharp drop in gold prices is hitting the newest loan product on the banking turf hard, explains Tamal Bandyopadhyay.
Some sectors like aviation, hospitality, travel and tourism, and automobile have witnessed zero cash flow since the lockdown began.
Satyam Computer, Pyra-mid Saimira, KS Oils and Kingfisher Airlines are among those companies whose shares have fallen like eggs on the floor.
These companies provide better quality jobs and so it is particularly reassuring to see these jobs grow faster than the overall growth of jobs in India, says Mahesh Vyas.
A career Citibanker, 'Selva' came into the spotlight as the person who rewired the financial behemoth's Indian retail operations.
Every political party loves to use the bait of loan waiver to woo the electorate. If their hearts bleed for the poor, they can always use the party funds to pay off the lenders, suggests Tamal Bandyopadhyay.
'Daredevils', the motorcycle display team of the army's Corps of Signals, today left the audience at the Republic Day parade spellbound by performing breathtaking and intricate manoeuvres.
Former Tata group strategist and member of the now disbanded Group Executive Council, Nirmalya Kumar has said he was fired from his position for "working intensely and extensively" with ousted Tata Sons Chairman Cyrus Mistry.
Few businessmen demonstrate the zeal that he does for innovating for the bottom of the pyramid, says Adi Godrej.
The six winning innovations which include novel design of a rickshaw, a human powered motor, display unit for street vendors, a low-cost cycle for physically challenged would help reduce the drudgery of construction workers and sanitation workers.
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