India's hiring rate has recovered moderately from 10 per cent in April to 35 per cent in May 2021, but the aftermath of the second COVID-19 wave has left professionals in India increasingly vulnerable to the economic uncertainty, as per LinkedIn data. India's hiring rate on LinkedIn dropped from 50 per cent in March 2021 to 10 per cent in April 2021. The hiring rate witnessed a modest revival to 35 per cent in May 2021, as localised curfews gradually lifted and economic activity partially resumed.
Concerned over inflationary pressures in the economy, the Reserve Bank of India (RBI) is bringing down surplus liquidity in the system rapidly. It has fallen to pre-Covid levels and almost 2 per cent of banks' net demand and time liabilities (NDTL). NDTL shows the difference between the sum of demand and time liabilities (deposits) of a bank (with the public or the other bank) and the deposits in the form of assets held by the other bank.
With Scooters India shutting down, the brand that launched the PSU in India finally rides into the sunset.
Replacing refined sugar with dates, honey, stevia can help you stay healthy.
Formula One world champion Max Verstappen won the inaugural Miami Grand Prix for Red Bull on Sunday, slashing Ferrari rival Charles Leclerc's overall lead from 27 to 19 points after five races.
India has emerged as a favoured location for captive technology units of Walmart, Lowes and Daimler.
The Tatas have the know-how to quickly close deals which can otherwise get caught in legal wrangle. In 2018, on the day the National Company Law Tribunal declared Tata Steel as the winner of the bid for bankrupt Bhushan Steel, Bhushan promoter Neeraj Singhal was planning to file for a stay order. He did get the case listed for the following day, but the judge did not admit it, deferring it until the following week. The Tatas used the narrow window of 48 hours to close the deal and take control of the company.
Tech Mahindra was the top loser in the Sensex pack, shedding over 3 per cent, followed by NTPC, IndusInd Bank, Kotak Bank and Reliance Industries. NSE Nifty fell 185.60 points to 17,671.65.
The sweeping economic sanctions on Russia - the second largest producer of crude oil - following its invasion of Ukraine late last month can cull global and domestic growth along with the added pains of higher inflation and currency depreciation, RBI Deputy Governor Michael Patra has said. And if the war lingers on, it can even lead to deglobalisation and even a recession, he added. The ongoing war has only added a whole new dimension to the outlook, and in fact, a weighty downside, Patra said in a lecture at the industry lobby IMC on Friday evening.
The tourists had resumed on 30-1 on Monday and then lost four wickets for 13 runs before Rizwan and Fawad Alam stopped the rot with a cautious partnership of just 28 runs in 17 overs.
Infosys has tried to bring stability to the troubled company, which was struggling to maintain its growth momentum in the changing dynamics of technology industry.
International Cricket Council (ICC) chief executive David Richardson revealed that a clampdown down on bouncers is unlikely despite the passing of Australian batsman Phillip Hughes last Thursday.
For nearly an hour on Monday, Prime Minister Narendra Modi sought to reach out to the Indian community to share his vision for the country at the SAP Arena in San Jose, California.
Falling for the sixth straight session, the BSE Sensex plunged 1,114.82 points or 2.96 per cent to close at 36,553.60 on Thursday, tracking a heavy selloff in global markets. The market capitalisation of BSE-listed companies stood at Rs 1,48,76,217.22 crore, down by Rs 11,31,815.5 crore in six sessions. Since September 16, the 30-share BSE benchmark index has fallen by 2,749.25 points.
On Saturday, Sen had become only the fifth Indian after Prakash Nath (1947), Prakash Padukone (1980, 1981), Pullela Gopichand (2001) and Saina Nehwal (2015) to reach the final of the prestigious tournament after outwitting defending champion Lee Zii Jia in a gruelling semi-final.
The entrepreneur is endlessly curious. He will not give you copybook answers. He is in constant search of all the things he can do better than others, says Bill McDermott.
The organisers of Modi's Silicon Valley event will have only a few hours to get the stage ready after the Shark Tanks' ice hockey game at the SAP Centre ends.
Infosys Senior Vice President Sanjay Rajagopalan has resigned from his post, a month after Vishal Sikka stepped down as the company's MD and CEO.
'No one realises that people with 90 days waiting period are shopping around which naturally increases the cost of hiring.'
Kidambi Srikanth created history as he became the first Indian man to enter the World Badminton Championships final after edging compatriot Lakshya Sen in a thrilling semi-final, in Huelva, Spain on Saturday. Srikanth rallied after losing
Peter Gartenberg, SAP India Managing Director tells about the changes taking place at SAP globally
ICICI Bank was the top gainer in the Sensex pack, rising over 3 per cent, followed by ITC, SBI, HCL Tech, Axis Bank, Bajaj Finserv and Tech Mahindra. NSE Nifty advanced 32 points to 15,856.05.
Travis Head smashed a T20-style century to put Australia firmly in control of the first Ashes Test on Thursday as England were hit by an injury crisis during a miserable day two in the field at the Gabba.
For almost 60-minutes, Prime Minister Narendra Modi spoke extempore at the SAP Center in San Jose and he left a crowd of 18,500 in awe.
Defending champion PV Sindhu suffered a straight-game defeat to Tai Tzu Ying while Srikanth assured himself of a medal.
Infosys on Tuesday said it has formed a long-term partnership with Daimler AG for a technology-driven IT infrastructure transformation. After the receipt of all regulatory approvals, Daimler AG will transform its IT operating model and infrastructure landscape across workplace services, service desk, data centre, networks and SAP Basis together with Infosys, a statement said. "As a part of this partnership, automotive IT infrastructure experts based out of Germany, wider Europe, the US and the APAC region will transition from Daimler AG to Infosys," it added. The companies, however, did not disclose the number of people who will transition as part of the deal.
Indians are eager consumers of digital advertising and are five times more willing to share personal data with companies when they are delighted by their digital experience.
Former India captain Shantha Rangaswamy said that Mithali Raj took the right decision by retiring from T20 Internationals as it will help her focus more on the 2021 ODI World Cup.
She was among the key executives brought in by Sikka from SAP and was overseeing large deals
Do not consume fresh fruits, date palm and other poorly washed fruits/half consumed fruits, says Dr Dr Usha Manjunath.
Thomas Delaney and Kasper Dolberg starred in the match as Denmark defeated the Czech Republic 2-1
"Throughout our history we've learned this lesson -- when dictators do not pay a price for their aggression, they cause more chaos. They keep moving. And, the costs and threats to America and the world keep rising," Biden said addressing the joint session of the Congress in his first State of the Union.
ONGC was the top loser in the Sensex pack, shedding around 5 per cent, followed by Sun Pharma, PowerGrid, Bajaj Finance, IndusInd Bank, Dr Reddy's and Maruti. On the other hand, Reliance Industries, Titan, HDFC Bank and ITC were the gainers.
Modi congratulated the Indian Americans.
'A strong foreign exchange reserve is the best safety net against global spillovers.'
Satyam Computer Services Ltd said on Monday it has signed a strategic partnership agreement with Denmark-based NNIT, a leading consultancy firm in IT operations.
Scandent Solutions Corporation's wholly-owned subsidiary Scandent Group, USA has acquired US-based Nexplicit, a leading SAP services provider with a strong focus on entertainment and high-technology manufacturing industries
IIT Roorkee has so far seen the highest domestic salary rise Rs 80 lakh, up by a third from Rs 60 lakh last year.
'It doesn't help to transpose the Hindi heartland model on Bengal. Bengalis don't understand its dynamics. They won't comprehend the impact of Modi's dip in the Ganga because Bengal's political culture is different. Even in the Ramakrishna Mission Ashrams, Christ is worshipped on Christmas. It's difficult to polarise Bengal religiously'
According to the survey carried out by IDC recently, India scores the highest (8.5) on the happiness quotient of its banking citizens, followed by Indonesia (8.33), New Zealand (8.27) and China (7.93).
