More people using the internet for financial and e-commerce transactions has led to job creation in a niche segment. Specialists who can help deal with rising technology (tech) frauds are in high demand amid the surge in electronic transactions during the pandemic. Demand for tech fraud experts has risen upwards of 35 per cent, reveals employment and human resource services company TeamLease Services.
'It is at the root of all the reservation tussles, and the sharpening polarisation that we witness today, be it on Jat politics or the problems faced by Indians from the north-east in many places,' says Ambassador Kishan S Rana.
Concerned by the continuous downward revision in the monthly net enrolment numbers, the EPFO has begun counting people quitting their previous jobs and joining a new one as an addition to the net payroll. According to experts these people cannot be counted as those who got a new job.
India's macroeconomic situation is certainly better than what it was a year ago, eminent economist Pinaki Chakraborty said on Monday, while expressing hope that the country will be back on the path of economic growth if there is no major third wave of the COVID-19 pandemic. In an interview with PTI, Chakraborty, who is the director of the National Institute of Public Finance and Policy (NIPFP), said that inflation may remain at an elevated level as there was a significant fiscal and monetary expansion in the last 18 months. "The current macroeconomic situation is certainly much better than what it was one year back. We are seeing recovery in most sectors," he said. Chakraborty noted that COVID-19 vaccination has been going on at a very fast rate in India.
Not only has the Mudra loan mela generated no jobs, it has frittered away trillions of taxpayers' money and it's time to bury the scheme, argues Debashis Basu.
The ongoing key reforms such as sops for manufacturing, easier labour laws, wooing FDI inflows and privatisation will help improve productivity and support long-term growth at 7.5-8 per cent levels, which if played out well, can help India contribute 15 per cent of global GDP growth by FY2026, says a report. According to a report pencilled by the India economist at UBS Securities, Tanvee Gupta Jain, the country has the lowest manufacturing costs among peers, even though China retains significant ecosystem advantages and despite that India and Vietnam appear most likely to benefit from a shift out of China.
Jharkhand and Andhra Pradesh use celebrity endorsers and social media campaigns to brand their state and court big business to eventually bring about job creation. Can they deliver on their promises?
There were two questions everyone wanted to know the answer to. 1. Did Raghuram Rajan advise the Congress on the much-discussed NYAY scheme, as claimed by Rahul Gandhi? 2. Will Raghuram Rajan become India's next finance minister?
The centre in Riyadh will be staffed by Saudi females and will start by catering to Saudi Aramco and GE as anchor clients.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
'People do not want a 'maha milavat' (highly adulterated) government of those who assembled in Kolkata.'
'They want (the ownership and management of PSU banks) to pass into the hands of a private sector entity.' 'Ownership of these banks will go from the public sector to private sector.'
'By naming Tejashwi as the next CM candidate, he has put us in a dilemma.' 'Who will lead us in 2025?' 'What will happen to the party after 2025?'
Addressing the Congress Working Committee meeting, she said thousands of young men and women, especially students have realised the "grave harm" that implementation of the new citizenship law will cause.
A day after the Kerala Catholic Bishops Council (KCBC) sought a ban on staging of the Malayalam play Kakkukali, its director Job Madathil on Tuesday accused the critics of having an agenda behind their charges and urged them to watch the drama first.
Just about 54 per cent of employers predict fresh job creation in the second half of this year whereas the same sentiment was shared by 68 per cent entities at the start of 2013, while salary hikes too are expected to be on the lower side, said the survey.
83% of the CEOS plan to hire more in the new year.
The organised sector now accepts accredited firms as labour providers for factory shop floors.
Raking up the border issue, Congress leader Rahul Gandhi on Friday said every individual in Ladakh knows that China has "taken away our land" and claimed that Prime Minister Narendra Modi's assertion that not an inch of land was taken away was "absolutely false".
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Single-brand retailers are also allowed to take e-commerce route for such trading.
Clubbing in multiple weddings in one go dilutes some of the conversation. Conflicts are resolved too neatly and grey areas of complicated equations are left on a note of ambiguity, observes Sukanya Verma after watching the second season of Made in Heaven.
From May 26 onwards, the US Citizenship and Immigration Services will begin accepting applications for work visas from H-IB spouses, reports Aziz Haniffa/Rediff.com.
'Our discussions with investors and the market's multiples suggest that Prime Minister Narendra Modi winning 2019 is being priced in,' says a UBS report.
All guns blazing, Modi on Saturday mounted a scathing attack on the Congress over corruption, and asserted it will become "Punjab, Puducherry, Parivar" Congress after its defeat in the Karnataka assembly polls.
The summit would be held from November 4-6.
Small businesses create more jobs and add to wealth creation than established large business establishments, experts opined on Monday.
Adapting to an inevitable digital intervention is India's only hope at beating a long-standing job crisis. To do so, focus on quality education and better skill development is fundamental, says Dr Yogesh Kumar Bhatt.
BJP president J P Nadda on Sunday promised Uniform Civil Code (UCC) and 33 per cent reservation for women in government jobs in Himachal Pradesh while releasing the party's manifesto for the state assembly polls.
Be it automobile, health care, retail such as e-commerce, electricity or other utilities, everything will get disrupted and transformed over next 30 years.
From the perspective of an American worker who is being displaced it does not make a difference whether he is displaced by a visa-dependent company or a non-visa-dependent company or a 50-50 company or whatever: Nasscom president.
Apple to step up investments in China, create more jobs: Cook
'Waiting for a market correction and optimising entry time in the markets will be akin to missing the woods for the trees.'
Ghulam Nabi Azad, in his first public meeting in Jammu after quitting Congress, announced to launch his own political outfit that will focus on the restoration of full statehood.
The Congress's revival plan says it needs to bring back into its fold Hindus repelled by the Sangh Parivar, take its message to youth and women and sections upset at curbs on their personal freedoms.
'India is showing a reasonable amount of resilience, but we are still living in a world that is quite fragile.' 'That's why we hope that the government will continue to invest significantly in public capex so that we are able to ride through this cycle till the private sector is able to play its part in investing and adding to the capex cycle.'
Finance Minister Nirmala Sitharaman will be presenting her fifth Budget that may do a tightrope walk between staying fiscally prudent and meeting general public expectations of lower taxes and a wider social security net, while at the same time firing the engines of the economy.
On the other hand, jobs increased for the 10th straight month in the manufacturing sector, albeit only slightly
'Is a rapidly growing working-age population a prerequisite for growth or a social tinderbox?'
All four labour codes are likely to be implemented in one go from April 1, the beginning of the next fiscal year, labour secretary Apurva Chandra said on Wednesday. The parliament in its just concluded session passed three labour code bills: the Industrial Relations (IR) Code, the Social Security Code, and the Occupational Safety, Health and Working Conditions Code (OSH). The Wage Code Bill, 2019 was passed by the parliament last year.
This is the ninth consecutive month that the manufacturing PMI remained above the 50-point-mark.
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