"By January 2010 there could be massive job losses on unprecedented scale which could lead to social problems in apparel manufacturing clusters across the country," AEPC Chairman Rakesh Vaid said.
The Kerala High Court denied bail to former TDB president N Vasu and others accused in the Sabarimala gold loss case, citing laxity in the investigation and potential impediment to the probe if bail is granted.
'We just need to chisel away at some of the things we haven't got quite right and make sure that we still have that conviction of what we're trying to achieve.'
Job losses in the service sector are expected to increase significantly in the coming months as firms predict steep fall in their volumes and profitability in the next quarter, the Confederation of British Industry said.
Astrologer Chirag Daruwalla, who is following in the footsteps of his famed astrologer father, the late Bejan Daruwalla, helps you navigate the Naya Saal.
Understanding severance pay isn't just for those who are losing their jobs
'The US slump could hit our hosiery market hard since 40 per cent of our exports go there.' 'Job losses could be severe if the government doesn't step in fast.'
India skipper Harmanpreet Kaur rued a stunning lower-order collapse as world champions Australia chased down a record 331 to seal a three-wicket win in the Women's World Cup, Visakhapatnam, on Sunday.
US companies suffered the biggest job losses in more than 30 years last month, underscoring the depth of a recession that is spreading rapidly from financial centres to most parts of the global economy.
'The focus for IT companies will shift from adding scale to building a smaller, more specialised, talent pool with specific domain expertise,' says Shyamal Majumdar.
A Parliamentary panel has asked the Ministry of Labour and Employment to use and reconcile the data and studies conducted by credible agencies with that of retirement fund body EPFO for depicting real picture of job loss in the country especially in the situation like COVID-19 pandemic. The pandemic had an impact on employment in the country as the economic activities slowed down due to lockdown restrictions imposed by central as well as states to contain the spread of deadly virus from March in 2020.
When it comes to losing a job permanently, the youngest and the oldest segments in the workforce have reported an increase in setbacks in the second wave of the pandemic, a survey of by a Fortune500 company has said. The survey, conducted in April this year, covered 2,000 persons in India. Six per cent of those over 55 years of age reported having permanently lost their job, as against 4 per cent last year. In those aged under 24, the proportion reporting a permanent job loss has increased to 11 per cent from 10 per cent in the year-ago period, the survey done by financial technology company FIS said.
External affairs minister Pranab Mukherjee, who also holds charge of the finance portfolio, minister of state for industry Ashwani Kumar and several secretaries of the key economic ministries have already indicated the government may unveil significant fiscal measures to stimulate the economy reeling under the global slowdown.
Even as the engineering goods sector, which has the largest share in the country's export basket, registered an export growth of 22 per cent (dollar terms) in the April-July period of this year, a recent study has revealed that the volume of exports has gone down in majority of the products manufactured by the sector, leading to job losses.
Efforts are underway to integrate AI education into all degree programmes -- including BA, BCom, BSc, and specialised courses.
The Calcutta High Court ruled that seeking a new job, even with a competitor, is a basic right and not moral turpitude. The court directed a company to pay an employee's gratuity dues after withholding them on this basis.
Starc also pointed out that the wicket did not assist pacers that much with the new ball and expressed concerns over Nathan Lyon's injury on the final day of the Test and the setback to Hazlewood.
'It takes time and the experience of a few market cycles to develop awareness about one's true risk appetite.'
The British auto industry is expected to witness 40,000 job losses over the next three years, mainly due to falling demand for cars, says a media report.
In September, the 20-time English champions reported its fifth straight annual loss as it missed out on the lucrative European Champions League competition.
Algo trading should be segregated in a separate account with only risk capital deployed.
Shubman Gill has been guilty of taking too much load on himself since his T20 comeback and the Indian team wants him to bat as freely as he does in the IPL, said assistant coach Ryan ten Doeschate.
US Secretary of State Marco Rubio praises India's measured and professional investigation into the Red Fort car explosion, calling it a terrorist attack. The US has offered assistance, but acknowledges India's capabilities in handling the investigation.
'The Indian consumer is moving so quickly and they have so many options.'
Job crisis in US should be blamed on changing technology and not on outsourcing, said an economist.
A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt Ltd - the parent firm of ed-tech platform Byju's.
Unlike most workers, the top executives have managed to keep their positions during these difficult economic times, according to an independent research firm Liberum Research, studying changes in top-management levels in listed companies.
Singh asserted that the domestic challenges of India's economy were daunting in their complexity and devastating in their impact on the society.
It should cover mandatory expenses, insurance premiums and loan installments for six months to a year.
This comes in the background of claims by the Confederation of Indian Textile Industry, an industry body, that about 700,000 jobs have been cut in the last six months. The industry lobby group has also forecast a further loss of half a million jobs in the next five months.
Women in the UK are in danger of bearing the brunt of job losses over the next eight years, researchers claimed on Thursday.
Troubles for the textile industry, which has been grappling with financial blood-letting both in international and home markets, are likely to deepen further. While there are fears of half-a-million more job losses, exports from the sector are likely to take a hit of about Rs 15,000 crore (Rs 150 billion), according to industry estimates.
India have slumped to 142 in the FIFA rankings -- their lowest in nearly a decade.
Young earners with high incomes and few responsibilities can save more than 30 per cent, while those with low salaries and high expenses may save less.
Former off-spinner Ravichandran Ashwin defended under-fire India head coach Gautam Gambhir after the 0-2 home Test series loss to South Africa.
Knowledge workers and mid-career professionals in India are hopeful that artificial intelligence will positively impact their roles, even as concerns about job displacement persist, especially among younger professionals, a top official of a human capital management solutions provider has said. At a time when AI has become a critical part of an organisation's functioning, many professionals see the positive possibilities of AI.
'It was very clear in the Parliament election that there was an erosion of Hindu votes in southern Kerala from the CPI-M to the BJP.'
Uttar Pradesh's leading export hubs are reeling under the impact of a steep 50 per cent tariff imposed by the US on Indian imports, with exporters warning of job losses, stalled orders and shrinking market access. Industry leaders from Noida, Kanpur and Varanasi said the tariff has put years of painstaking market-building at risk, even as protests and demonstrations erupted in several districts last week.
Following suggestion from Minister for Roads Nitin Gadkari, Centre seeks ideas from IRDAI and General Insurance Council on feasibility of providing insurance cover for retrenchment.
A 23-year-old Indian student, Rajyalakshmi Yarlagadda, recently graduated and seeking employment in the US, has died after suffering from a severe cough and chest pain. A GoFundMe campaign has been launched to support her family.
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