By June 2025, financial freedom will be just an ATM away. Pleasantly surprised? But there's more, says Ramalingam Kalirajan
India's unemployment rate is at a record low and the country's labour market is undergoing a structural transformation, a report said on Tuesday. In the new report, the economists at the country's largest lender SBI also pitched for a "reinterpretation of old fashioned rhetoric" while looking at a subject like employment. "India's unemployment rate is at a record low, India's labour market is undergoing a deep structural transformation with self-entrepreneurship across all echelons and higher educational attainment emerging as key enablers," the report said.
A 24-year-old Indian man who went to Canada in 2022 to pursue higher education was shot dead in his car in Vancouver city, police said on Sunday.
'The government should come back as a job creator as it did in the 1960s and the 1970s.'
Finance Minister Nirmala Sitharaman on Tuesday announced income tax relief for the middle class, a Rs 2 lakh crore outlay for job creation schemes over the next five years and a spending splurge for states run by her party's new coalition partners as she unveiled the Modi 3.0 government's first budget after the general elections.
What students expect from the Budget.
More than 50 per cent of SIP accounts come from semi-urban and rural areas.
The Supreme Court on Tuesday dismissed the Punjab government's appeal against a high court verdict quashing its decision to expand the definition of 'NRI quota' for admissions in undergraduate medical and dental courses in the state. "This fraud must come to an end now," the apex court said.
In two years, the start-up Overqualified Housewives has helped over 6,000 women across India find flexible-job roles across India from salaries ranging between Rs 8,000 to Rs 80,000, making them financially independent.
'It seems to be a hasty step ahead of the election.'
Always interesting, DMK politics is going to get even more absorbing in the days to come, predicts Aditi Phadnis.
'Tamil Nadu will never allow the Centre's three-language policy'
Indian students planning to study abroad this year have to pay higher fee, fund their quarantine stay and also compete for on campus work opportunities.
The share of women employed in regular salaried jobs in urban India hit a fresh low in the January-March quarter (Q4) of 2023-24 (FY24). In the same period, the share of women engaged in self-employment went up. An analysis of the latest quarterly Periodic Labour Force Survey (PLFS) data showed the share of women in regular wage work among all employed women stood at 52.3 per cent in Q4FY24, down from 53 per cent in the previous quarter.
Ask rediffGURU and PF expert Nitin Narkhede your mutual fund and personal finance-related questions.
Given the prevailing employment market, uncertainty in the United States and the exorbitant expenses associated with studying abroad, it would be prudent for your son to acquire professional experience in India initially, advises rediffGURU Pananjay Tiwari.
Chief Minister-designate Mohan Yadav, an OBC leader and three-time Bharatiya Janata Party MLA, started his political career when he was a student and rose to become higher education minister of Madhya Pradesh where he announced to make Hindu epic Ramcharitmanas as an optional subject in colleges in 2021.
Springing a surprise, the Bharatiya Janata Party on Monday picked Mohan Yadav, a leader of Other Backward Classes (OBC) and a three-time MLA, as the next chief minister of Madhya Pradesh, state party president VD Sharma said.
'If the FYUP is making the child employable, then we will have to ensure that learning on the job is integrated.' 'And also ensure that by the time they end FYUP they are completely employable.'
Then 18, Talash crossed the border into Pakistan after Taliban's takeover of Afghanistan in 2021 before settling in Spain as a refugee the following year. The International Olympics Committee changed break-dancer Talash's life forever by including her in its refugee squad for the Paris Games.
Do you have financial planning queries? Ask rediffGURU Anil Rego.
Retail investors have become a force to reckon with in the last 10 years with their ownership of Indian equities rising 800 basis points, or 8 per cent, to 23.4 per cent during this period, suggests a recent note from Morgan Stanley. This number, Morgan Stanley said, is set to rise in the next few years as Indian households are still underinvested in equities. India's demographics, policy framework, investor education and modest positive real rates, it said, will fuel the 'equity cult' in India.
United States Secretary of State Hillary Clinton, in opening the first-ever US-India Higher Education Summit at Georgetown University in Washington, DC, -- which she co-chaired with Minister of Human Resource Development Kapil Sibal -- declared that while collaboration in this sphere is a driving force in the strategic dialogue between Washington and New Delhi, whether it will ultimately succeed or not depends on those outside government -- academia, researchers, and business
An average Indian couple spends around 2x on weddings versus education (pre-primary to graduation).
'These allegations need to be treated with utmost seriousness.'
Credit card spending reached Rs 2 trillion in October, a 14.5 per cent rise from September, largely driven by festival season purchases. However, the volume of outstanding credit cards increased only marginally during the same period. The spike in spending comes at a time when nearly all major credit card issuers are calibrating their growth in the segment due to visible signs of stress.
The fallout from the Justice K Hema Committee report on harassment and abuse in the Malayalam film industry intensified on Monday as a case was filed against well-known filmmaker Ranjith, and several female actors stepped forward with disturbing accounts of the mistreatment they faced at the hands of their various male counterparts.
The Supreme Court on Monday agreed to consider a plea of the Tamil Nadu government against the refusal of Governor RN Ravi to appoint senior DMK leader K Ponmudi as a minister in the state cabinet.
'The border deal offers a hedge for India against Trump's unpredictability when it comes to his approach to competition with China.'
Higher education policy may be at the core of the Tamil Nadu assembly polls next May, with a potential to break the ties between the ruling AIADMK in the state and the BJP counterpart at the national level, says N Sathiya Moorthy.
An analysis of the affidavits of all the 90 winning candidates by the Association for Democratic Reforms and Haryana Election Watch show a slight rise in the number of crorepati MLAs, from 93 percent in 2019 to 96 percent this time.
Being driven to abandon Indian middle-class values, asks Ajit Balakrishnan.
'After his warm and affectionate farewell speech, the Chief of Staff of the formation asked me, "So, now you are off to Coorg to look after your coffee estates?"' For the last time, in Army uniform and much to his surprise, I replied, "Sir, I am not from Kodagu.".'
Indian parents are willing to make tremendous sacrifices when it comes to educating their children.
There was a protest in the university demanding Gandhi's resignation as the chancellor and the students decided to walk down to her residence and paste a memorandum demanding her resignation on the door.
Suddenly, the legendary advertising line -- a diamond is forever -- is losing its shine.
The second-year BSc (Honours) in Mathematics student had returned from Delhi in March this year after those staying in the hostel were asked to go home by the college authorities in view of the COVID-19 pandemic.
Ravi's move, the first after the meeting between Stalin and him following a recent suggestion of the Supreme Court to resolve their differences, came with a rider.
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