'These are the two core skill sets that are required for any job, in any profession.'
Average employee salaries in India are set to increase by 9 per cent in 2026, with a renewed focus on short-term incentives and skills-based systems, a report said on Wednesday. According to Mercer's Total Remuneration Survey 2026, organisations in India are shifting toward broader, more holistic value propositions and the top factors influencing salary increases include individual performance, inflation and the organisation's competitiveness in the job market, among others.
A new survey of school children by IT major TCS has found that the next generation is embracing digital world as true digital natives and shifting their academic and social life online.
Market downturns or regulatory shifts can reduce liquidity, making it harder to buy or sell assets when needed.
Jobs requiring AI skills carry a significant wage premium, with some roles offering up to a 25 per cent increase in wages, notes Manoj Nagpal, vice president, professional services, OpenText, an information management company.
Quiet vacationing is a valuable tool to manage stress and maintain well-being during busy periods. It's not a replacement for a full vacation but a way to cope with breaks.
'The focus needs to shift towards the ability to collect payments, particularly in tier-3 to tier-4 areas where acceptance is still lacking.'
Even as cyber threats continue to rise in India - the second-largest global active internet user base - the country is currently facing a big skill gap in the cybersecurity domain and represents just six per cent of global cybersecurity jobs, finds a report. As of May 2023, the industry had about 40,000 open opportunities, indicating the growing demand for skilled cybersecurity professionals. However, the demand-supply gap stood at 30 per cent, projecting a major skill challenge in the industry, finds the study by tech staffing firm TeamLease.
Following a gap of several months, global brands like Walmart have started lifting orders from Tiruppur's garment makers, leading to growth in knitwear exports in January after five months. Knitwear exports from Tiruppur increased 1.5 per cent in dollar terms and 11.6 per cent in rupee terms in January. According to the Tiruppur Exporters' Association (TEA), global majors have started placing more orders from the region.
Prime Minister Narendra Modi on Friday expressed hope that G20 will draw inspiration from the vibrancy of the Indian economy and work towards bringing back stability, confidence and growth on the global landscape.
'The Indian economy and the Indian financial sector today remain resilient and much better placed.'
The RBI refuses to classify a cryptocurrency as an asset since it doesn't have future cash flow and its value is always fluctuating because of speculation. There is also no consumer protection, observes Tamal Bandyopadhyay, and hence the e-rupee trial run.
The world's top brands across sectors might lose between $93 billion and $223 billion because of a data breach, a first-of-its-kind study by Interbrand and Infosys, called 'Invisible Tech, Real Impact', has found. This represents 4-9.6 per cent of their cumulative value. The study gains significance in the backdrop of yet another massive hack, this time of Microsoft's email software, which is estimated to have affected at least 60,000 known victims globally, according to Bloomberg. The study found that there is a long-term impact of data breaches on brands across sectors.
'Given the emerging trends, it may be time for India to embrace digital banking,' notes Pradipta Bagchi.
Even if 5G is not launched by operators this year, the handsets market will certainly witness a strong supply ecosystem for 5G ready smartphones in 2021.
India, with the right blend of the physical and the virtual, can emerge as the global nerve centre of complex modern multinational supply chains in the post COVID-19 world.
If you are serious about your future, here are some MBA programmes and short courses you can consider, advises Arun Jagannathan is co-founder and CEO, CrackVerbal.
There is a high demand for IT professionals who can envision, design and develop applications for the future.
Kodak has said it hopes to emerge from Chapter 11 in the third quarter of this year.
Software services industry may have to relook its cost structure to maintain a higher margin.
India accounted for 2.2 per cent of the revenues of Infosys.
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