Those hardest hit by the second wave of the pandemic have been blue-collared workers, doctors and healthcare workers, law and order and municipal personnel, individuals eking out daily livelihood, and small businesses. And there should be more measures taken to alleviate their pain, the Reserve Bank of India (RBI) said on Monday. The report also indicated that the RBI's growth numbers might have to be revisited as the central bank's real GDP growth projection of 26.2 per cent given in the MPC's resolution of April 7 for the first quarter of 2021-22, were "made before the full fury of the resurgence." Nevertheless, the "resurgence of COVID-19 has dented but not debilitated economic activity in the first half of Q1: 2021-22.
'The real problem of joblessness and democratic politics is happening here in India. And it is happening now, right before us.'
Chief executives in the real estate, consumer products, automobiles, construction, and textile sectors said they were all expecting workers to re-join in the next 45-60 days, which would help them ramp-up production from July.
'The prospects for both India and the global economy is that we are headed towards a very difficult time.' 'I see very uncertain at least 8-10 months for both India and the rest of the world.'
Foxconn means serious business in India. Its delegation to India was led by its Chairman Young Liu who met Prime Minister Narendra Modi.
Successful inroads in new markets could drive Escorts' national share above the current 11 per cent, reports Ajay Modi.
United States President Barack Obama has said he used to get up every morning before sunrise for studies during school days but was an "irresponsible" student.
Mera Job is a marketplace for both lower end white collar jobs and skilled blue collar workers.
Gujarat Chief Minister Narendra Modi has started preparing the ground to rescue Indians who are expected to be deported from Saudi Arabia as it goes ahead with its new job law, Nitaqat. Sheela Bhatt reports
The first -- and only -- United States vice presidential debate between Mike Pence and Kamala Harris is over. It was a far more civil affair than last week's debacle between US President Donald Trump and former US Vice President Joe Biden. The tone for much of the 90 minutes was a marked contrast to last week's chaotic and bitter slam-fest between their running mates.
Prime Minister Narendra Modi's success at courting Indians abroad have been as much a result of his old contacts as efforts by a dedicated arm of the BJP abroad. Archis Mohan reports
You have to make yourself visible and create opportunities for yourself, advises Gaurav Goyal, co-founder, Scalenut.
Why are the poor turning Right instead of turning toward far-Left parties, ponders Pranab Bardhan.
A lowdown on how this career portal launched by the Government of India will change your search for jobs forever
'The confidence of the Opposition will go up and alliances will be easier to form if it becomes apparent that the BJP is losing ground in the north of India,' says Aakar Patel.
'I did not bother to collect my diploma certificate because the course was a waste of time and more or less useless. It would be instructive for me to describe it because manufacturing is seen as the way out for India's great unemployment problem. It is? I do not think so,' says Aakar Patel.
Last year, it was not just the economy that slowed hiring. Employers were also unable to complete the verification process because of the lockdowns, resulting in delays in hiring and an increase in discrepancies between an employee's professed abilities and the reality. The experience is driving many companies to automation. In a recent EY survey, 56 per cent of the companies said they'd automated their processes, while 72 per cent felt technology could be leveraged to digitise employee records.
Many things could play spoilsport for the Indian economy.
'The harmful side effects of what we call 'management toxicity' are affecting more and more Indians,' note Jeffrey Pfeffer and M Muneer.
'In the current scenario e-commerce delivery is flourishing, driving demand.'
'Please mention my phone number in your article: +97-144479988.' And if you know of a person who is stuck in a UAE jail, then tell his relatives to call me.' 'I will help them for sure.'
The resurgence of COVID-19 has dented but not debilitated economic activities in the first half of Q1 of the current fiscal even though caseload of infections is much higher than before, according to an RBI article. The ferocity of the second COVID-19 wave has overwhelmed India and the world, the article said, adding that war efforts have been mounted to stop the surge in its tracks. "The impact of the second wave on the real economy seems to be limited so far in comparison with the first wave. Evidently, the localised nature of lockdowns, better adaptation of people to work from home protocols, online delivery models, e-commerce and digital payments are at work," the article on the state of economy authored by RBI Deputy Governor M D Patra and other officials said.
'Almost exclusively, their interest was in the work that we were doing that they thought of as being "anti-national". One of them even used that specific word,' says Aakar Patel.
The tall claims that the state administration, particularly Modi's highly charged PR machinery has created to hardsell the state, and in turn Modi himself, are not reinforced by the numbers
Narendra Modi's pay-off from relaxing labour laws would be huge.
While Indians are increasingly using mobile platforms and technology for various financial transactions and purchases like bill payments, ticket bookings, entertainment, travel and banking transactions, cross border mobile remittance is yet to see the light of the day.
'When you don't have food to eat, will you be worried about the virus or the next meal?'
Clinton win potentially disrupts a string of expected primary losses this month that had threatened to weaken her even as she turned her focus to her likely matchup against Republican Donald Trump in the general election.
To young professionals I would say, work hard, play hard and not be constrained by fads like WLB, says Sudhir Bisht.
On Hrishikesh Mukherjee's 91st birth anniversary on September 30, we bring back a Rediff Special done on the brilliant filmmaker in December 2002.
'If 25 black men had been executed illegally in the US in one day, the government would have fallen and the population would have rallied to the victims. In India, those of us who did not applaud the police only yawned,' says Aakar Patel.
'Job opportunities will be available in pharma, retail, medical, virtual business operating sectors, IT sector, telecommunications, infrastructure development, healthcare sector and e-commerce.'
After five weeks of lockdown, migrant workers' patience ran out and so did the money, which forced them to leave Mumbai on bicycles.
A recent research found that those in high-stress jobs with little control over their workflow die younger or are less healthy than those who have more flexibility and discretion in their jobs and are able to set their own goals.
Wishing him, President Droupadi Murmu said the work for nation-building under his incomparable hardwork, dedication and creativity continue to advance.
'If we chose to do the right things, it is possible to avoid job losses at a mass scale,' ABB MD Sanjeev Sharma tells Raghu Krishnan.
'Fashion changes fast and if you are not keeping up you're getting left behind,' design diva Anita Dongre tells Pavan Lall.
The economics behind the surprising popularity of Donald Trump and Bernie Sanders.
"The RSS is trying to change the nature of India. Other parties haven't tried to capture India's institutions," he said.
