January 2019 saw the maximum number of employment being generated since the data from September 2017, reports Indivjal Dhasmana.
The minister said Indian economy was the fastest growing.
Jobs and job creation are going to be the US' priority over the next year, not protectionism against outsourcing, says Bob Mcdonnell, Governor of the state of Virginia.
About 13 million first time car/two-wheeler buyers are entering the market every year. If employment creation is such a big issue, where are these people coming from, asks Mahesh Nandurkar.
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) slipped from 57.5 in September to 55.5 in October, the slowest rate of expansion since February. The October PMI data pointed to an improvement in overall operating conditions for the 28th straight month.
The National Association of Software Services Companies (Nasscom) on Tuesday launched the Talent Connect portal to bridge the gap between recruiters and digitally skilled and certified candidates. The portal, which has been in the work for the last 28 months has 100,000 candidates and companies such as Tata Consultancy Services (TCS), Tech Mahindra and Salesforce recruiting from it. The platform, for the first time, is also making an attempt to bridge the gap of skill-based talent to employers, rather than the current practice of academic focused talent base.
While workers in the United States and Europe are having a difficult time in not only finding a job but also keeping it, the situation in South Asia, including India, is somewhat different.
Under the Atmanirbhar Bharat Rozgar Yojana announced by the Centre to incentivise formal sector job creation, all 'new employees', who were never a part of the EPF system in the past, and those who made an exit from employment during the Covid-19 pandemic from March 1, 2020, to September 30, 2020, will be eligible for the benefit.
The Survey noted that while women account for almost half of India's population, their participation in labour market is almost one-third and has been declining.
Chief Justice of India D Y Chandrachud on Thursday advised market regulator SEBI and the Securities Appellate Tribunal (SAT) to exercise caution amid a significant surge in equity markets and pitched for more tribunal benches to ensure that the "backbone is stable". Inaugurating the new SAT premises here, CJI Chandrachud pitched for authorities to consider opening up new benches of the SAT given the higher workloads because of higher quantum of transactions and newer regulations.
'Make in India'presents a huge opportunity for jobs.
'Mr Modi has inherited a system that taxes businessmen and fritters the money away over ministries.'
'Both campuses and talent should brace for a low-velocity campus hiring season that might extend into the off-campus period.'
The minister further said another industry chamber Federation of Indian Chambers of Commerce and Industry too had contradicted the Assocham study, which had said that in the next 10 days or so about 25 to 30 per cent employees are likely to lose jobs in seven sectors including aviation, information technology, steel, financial services, real estate, cement and construction.
Maharashtra Chief Minister Vilasrao Deshmukh emphasised on Thursday job creation potential of foreign investors operating their plants in the state saying his government was equally concerned with employment aspect just as the volume of investment.
As per the survey of more than 1,000 recruiters, conducted by leading job portal Naukri.com, about 72 per cent of the employers are bullish about hiring prospects in the first half of 2012.
India has its share of both large tech companies and large national laboratories, but why is it that these don't seem to be at the forefront of any innovation news headlines? asks Ajit Balakrishnan.
The corporate big-wigs gathered in Davos, for the 44th World Economic Forum Annual Meeting said investors, corporate boards, business schools and accounting rules must change to de-emphasise short-term financial performance.
'Netanyahu lured Trump into a trap by enticing him with a seductive scenario of massive lucrative business in Gaza's reconstruction.' 'Trump's imagination is running riot, completely disconnected from ground realities,' asserts Ambassador M K Bhadrakumar.
India's manufacturing sector activity hit the highest level in eight months in July, driven by a significant rise in business orders, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index rose from 53.9 in June to 56.4 in July, reflecting the strongest improvement in the health of the sector in eight months. The July PMI data pointed to an improvement in overall operating conditions for the 13th straight month.
In years past, we often approached the Budget expecting to see changes in direct and indirect taxes. Those days are behind us. The Budget of today seeks to expand the economy and keep it at the forefront of technology, observes Harsh Goenka.
Hospitality players want the government to accord infrastructure status to hotels to make investments on new properties more attractive rather than categorising them as luxury or even 'sin goods' in the upcoming Union Budget considering the sector's potential to play a key role in India's growth. They also want the government to consider incentives in the form of tax breaks or subsidies for adopting sustainable and eco-friendly practices, while asserting that the upcoming budget must accelerate the tourism agenda saying it is an opportunity to make Indian hospitality the emerging engine for GDP growth and employment generation.
The welfare schemes of the government, particularly Lakshmir Bhandar, have had a major impact on the electoral outcome.
The earlier forecast expected to see 654 million working Indians overall by the fiscal year ending 2022.
New job creation dropped by over 40 per cent in 2008-09, with 469 companies studied having recruited 1,35,987 employees during the year under review, compared to 2,28,968 in the 2007-08.
The impact of Trump's announcement of increasing import tariffs will have negligible benefit for India not because of companies trying to shift from China to other countries or their supply chains being affected due to their Chinese operations but because of our faulty policies, explains Mudit Jain.
The services sector growth in India rose to a three-month high in December supported by favourable economic conditions and positive demand trends, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 56.9 in November to 59 in December, highlighting a sharp increase in output that was the most pronounced since September. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
Leading social networking site LinkedIn had examined the data of over 259 million members' profiles to determine the top 10 most popular job titles that were non existent in 2008.
Chief executive officers (CEOs) across sectors have expressed intentions to expand capacities, expecting the government's target to invest a record Rs 11.11 trillion on infrastructure development will act as a catalyst for a jump in consumer demand. "With the government planning a capex of Rs 11.11 trillion, private sector investment will come in a big way. Companies will be preparing for it right from today," H M Bangur, chairman of Shree Cement, told Business Standard. For the past few years, the investment scene in India has been dominated by government capital expenditures; private investments in the manufacturing sector have remained muted.
'I am shocked that the BJP makes so many commitments. What did they deliver as the NDA?'
Ask rediffGURU and PF and MF expert Janak Patel your mutual fund and personal finance-related questions.
"It is an honour to be among the select few invited here today to speak to President Obama about the opportunity for organisations to grow and profit while optimising natural resources consumption and minimising environmental impact," said Amit Chatterjee, CEO and founder of Hara Software. Hara builds software that allows companies to track their use of natural resources and their carbon emissions.
United States President Barack Obama on Tuesday vowed to focus on job creation and faster economic growth as the US senate passed the debt ceiling bill to avert a major economic crisis at the last moment.
This appears to be a common refrain in Uttar Pradesh's Lakhimpur Kheri Lok Sabha constituency where farmers want better prices for their produce and respite from the stray cattle menace and others want political leaders to talk about job creation instead of issues like the Ram temple and Article 370.
Hiring prospects in the hospitality sector look bright as a large number of employers are expected to increase their workforce considerably in the coming months, global staffing services firm Manpower says.
The finance minister continues to be backed by the same policy team in charting out the broad strategy as in the few earlier Budgets.
Let the governments do what they are doing, let the government do diplomacy but everyone knows that in the long term, Canada's strategic interest and India's strategic interest are absolutely aligned," the high commissioner said.
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