'There is lack of demand because people have no jobs, and no income.' 'Lakhs of people have lost their jobs and they have no income which has led to no demand in the market.'
'The odds were stacked against us.' 'Through it all, we were determined to overcome and prevail we did!' Wing Commander Shailesh Singh on the high-risk flying mission for which he was awarded the Shaurya Chakra.
'Young talent should not run after procuring certificates, but try and get hands on experience which will help them to be job ready.' 'Learning for the sake of learning does not make sense when it comes to securing a job.'
In continuation of the recent trend, another edtech major has issued pink slips to hundreds of employees. Bengaluru-based Byju's - valued at $22 billion - has laid off about 500 employees at its group companies -WhiteHat Jr and Toppr. It's a move to drive cost efficiency, according to the company. The number of layoffs, cutting across various department functions, may increase, sources said.
'I want to ask the Congress only one question: What is more important than election management in politics?'
India should have done more to protect jobs during the pandemic, a senior official from a global consultancy firm said on Tuesday. Alok Kshirsagar, a senior partner with McKinsey & Company, said the United Kingdom ran a very effective programme to protect employment through the payroll protection initiative, while the US was also not so effective because they were not well-targeted."I think in India, frankly, we should have done more to protect employment in some way, shape or form," Kshirsagar said while speaking at an event organised by industry lobby grouping CII. It can be noted that unemployment had touched record highs during the pandemic across the organised and unorganised sectors.
Labour seems to have found employment as maids, cooks, gardeners, security guards and the like -- a transition that could be described as from farms to the kitchen sink, instead of farms to factories, observes Mahesh Vyas.
India's biggest firm, Reliance Industries, has decided to cut salaries by 10 per cent in its oil and refining divisions. Several smaller companies like Kajaria Ceramics have followed suit with cuts as high as 40 per cent for those earning more than Rs 50 lakh.
Why did the political system in the country react to these two decisions of the Modi government in a diametrically opposite manner? asks A K Bhattacharya.
The McKinsey report said faster employment growth at 12 million non-farm jobs annually is needed in the post-Covid period till 2029-30, up from just four million created each year between 2012 and 2018.
Vimla Patil always stressed the importance of proving wrong the perception that women were women's worst enemies. And it iss a lesson I carried forward with me all through my career, learning empathy, understanding and ways to help as I went along. Sathya Saran, who succeeded Mrs Patil as Femina's editor, pays homage to the well-known journalist who passed into the ages on September 29, 2024.
'Traditionally, the US tried to tamp down tensions whenever a crisis situation arose and deputed officials from Washington to travel to Delhi to counsel restraint.' 'This time around, no US envoy flew down to Delhi -- not even when tensions spiked and a flashpoint was reached last week,' points out Ambassador M K Bhadrakumar.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
Priyanka Gandhi Vadra released the Congress' manifesto for Uttarakhand on Wednesday promising to reserve 40 per cent jobs for women in the police department, jobs to four lakh people, and creation of a 'tourism police' force.
Of the eight RBI governors who have held office since the 1991 economic liberalisation, Bimal Jalan had the longest stint and S Venkitaramanan, the shortest. Current Governor Shaktikanta Das will overtake Bimal Jalan before completing his second term in December, points out Tamal Bandyopadhyay.
A land-owning class, the Jats are a powerful community and account for 28 per cent of Haryana's population. The time, they believe, has now come for them to take revenge.
French organisers turned Paris into an open-air Olympic playground where everyone was invited, with or without a ticket.
According to a survey, the banking sector emerged as biggest job generator in the first quarter of the current fiscal with the segment increasing headcount by more than 16,000.
We asked colleagues, present and past, to reflect on a man who has made such a difference to their lives and careers. Here it is then, a rich collection of memories that offer enchanting glimpses of the enigmatic Ajit Balakrishnan.
Rituparna Chakraborty, co-founder and EVP, TeamLease Services explains which sectors will contribute to India's growth story.
Asserting that the situation was deteriorating, Rosario urged Yunus to resolve the crisis by giving it top priority and putting an end to the violence.
Robert Bruner, Dean of Darden School of Business, University of Virginia says that while Europe and USA may be affected by the economic crisis, the job market in India is relatively better for graduates. Read on.
'Don't waste your time in doing long pointless graduation courses.' 'Try and get into an apprenticeship or a job after Class 10 or Class 12, as there is always time to get back to academics and learn new skills.'
Since jobs will remain scarce for the foreseeable future, an unemployment allowance should be the next big social-security initiative, suggests T N Ninan.
Indians are the most optimistic in Asia Pacific region about job and pay rise prospects in 2021, job site 'Indeed' said on Monday, citing its global study. Indian workers (56 per cent) are more than twice as positive about their chances of getting a pay rise next year compared to their counterparts in Australia (20 per cent) and Singapore (23 per cent). Over one in three Indian workers are very optimistic about their career prospects in 2021, the highest in all countries surveyed, it said.
Reduce frill expenses, monetise your assets and invest in professional development to negotiate the choppy phase.
The Auto Component Manufacturers Association of India on Wednesday sought reduction in GST rate to a uniform level of 18 per cent for the entire automobile industry to stimulate demand and help save around 10 lakh jobs, which are at risk due to prolonged slowdown in vehicle sales.
'Job opportunities will be available in pharma, retail, medical, virtual business operating sectors, IT sector, telecommunications, infrastructure development, healthcare sector and e-commerce.'
More than 600,000 Indians, many employed in the gems and jewellery sector, lost jobs in just four months from October 2008 as the impact of the global economic crisis hit the country's shores.
In days of smart, networked technology and no shame over collateral damage, what will blow up next -- cars, mobile phones, TV sets, refrigerators? And where?, asks Shyam G Menon.
Workers' expectations around the pay rises this year have skyrocketed in India, with 90 per cent of people interviewed are looking for a hike in salary, a report said on Monday. In India, 90 per cent of workers interviewed expect a pay rise this year and on average, close to 20 per cent of the employees surveyed are anticipating an increase of 4-6 per cent, followed by 19 per cent anticipating a 10-12 per cent hike, ADP Research Institute's - People at Work 2023: A Global Workforce View - report revealed. The report revealed that in India, 78 per cent of workers received a pay rise last year, and the hikes averaged 4-6 per cent.
Sheikh Hasina, who was elected for a record fourth consecutive term and fifth overall term this year, was always admired by her supporters as "Iron Lady", before the dramatic development that abruptly ended her 15-year-rule in Bangladesh.
The specter of how the Munambam issue was exploited during the November by-elections is proof of the price Kerala is paying for its emergent politics. Controversies become the stuff of slow-burn and brinkmanship. The former promises mileage; the latter searches for an advantage, notes Shyam G Menon.
'Rahul Gandhi is going to turn 54 and in India political leaders peak when they are around 60.' 'This 'bhai-behen ki jodi' has done a wonderful job for the Congress.' 'Priyanka Gandhi was a very effective campaigner.'
'It could take 12 months or more for hiring to get back on track.' 'New opportunities would come up and there will be demand for skillsets that can help dealing with the current situation.'
The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday. To a question on whether there is any plan to print currency to tide over the crisis, the finance minister said, "No Sir". Many economists and experts have suggested to the government to print more currency notes to tide over the difficult economic situation with a view to support the economy ravaged by the spread of COVID-19, and protect jobs.
'There was a strong undercurrent of deprivation, and also frustration against misuse of power and authority.' 'This election was an opportunity for the manifestation of this discontentment.'
The young are most vulnerable to self-harm and suicidal ideas at this time.
'I have faced 18 hours of darkness daily all my life.'
The turning point in his career was undoubtedly Nepal where he was sent as ambassador and acted with a cool head.
