The Central Bureau of Investigation (CBI) on Monday questioned former Bihar chief minister Rabri Devi at her Patna residence and has issued notice to her husband and former railway minister Lalu Prasad Yadav in connection with the further probe in the land-for-jobs scam case, officials said.
Indian students are worried that the economy's current instability may adversely affect their job prospects, according to a study by global management consultancy Accenture.
Undeterred by travel restrictions being put in place in anticipation of a third-wave of Covid-19 pandemic, there has been a steady growth in overseas job searches by Indians with the US, Canada, the Middle East and the UK topping the list, according to a report. The search activity from India for jobs in other countries was highest between November 2019 and April 2020, where it witnessed a 72 per cent jump, but it declined sharply after the second wave of Covid-19 hit the world, forcing nations to reinforce travel restrictions, global job site Indeed said in a report. However, soon after the world recovered from the second wave of the pandemic, job searches for overseas opportunities picked up and continued to remain steady, it stated.
The latest report, out Friday and the last before the final voting on November 6th, shows US economy added 171,000 jobs higher than the 125,000 expected.
With the changes in the workplace, in-demand skills, flexibility and being tech-savvy will help you save your job.
If you showcase this to world, it's not great selling product: Klaasen on New York pitch
Chip giant Qualcomm chief executive Cristiano R Amon and billionaire Gautam Adani on Monday discussed role of AI, semiconductors and edge appliances across markets in the fast changing global technology space. The two leaders met in Mumbai on Monday morning to discuss India's potential around semiconductors, AI and mobility, according to a social media post by Adani. While Qualcomm is big on designing and manufacturing semiconductors and wireless telecommunications products, Adani group had in 2022 bought a small quantity of fifth generation or 5G spectrum for private captive network deployment in ports, logistics and power generation among others.
With the reality of coalition politics staring the BJP in its face, this was inevitable, points out Ramesh Menon.
A Delhi court on Wednesday gave bail to Rashtriya Janata Dal leader Lalu Prasad Yadav, his wife and former Bihar chief minister Rabri Devi and their daughter Misa Bharti in connection with a case related to the alleged land-for-job scam.
Globally, most headhunters are down 40-50 per cent in revenue. But India, it seems, is ahead of the curve.
The challenging economic conditions are taking a toll on employees, as nearly half of the executives around the world are dissatisfied with their jobs, and do not trust their leaders, a survey says.
In a contrast to the gloomy sentiment in the US, Indian executives have higher morale and are more satisfied with their current positions, a survey has said.
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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.
Assuming we still have a Modi-led majority government after May 2024, there is no guarantee that reforms will move at anything more than a snail's pace, though we must be thankful even for that, notes R Jagannathan.
The Indian IT services sector is staring at a second consecutive year of muted revenue growth due to modest increase in tech spends in Europe and the US, a domestic rating agency said on Wednesday. Crisil Ratings said it expects the sector to grow at 5-7 per cent in FY25, after a growth of 6 per cent estimated to have been achieved in FY24. The overall industry size is pegged at $250 billion and it creates over 50 lakh direct jobs.
'The top five IT giants are not hiring, but most of the freshers want to start their careers with the top five IT firms.' 'In today's scenario this is a challenge.'
With real employment offers hard to come by in a tough job market, fraudsters are out making bogus offers in the name of big corporate entities.
Evidently, households see a brighter future after the Budget, reveals Mahesh Vyas.
The climate for 'doing business' remains forbidding, taxtortion is still rife, corruption at state and district levels has increased, oil prices remain extortive with high taxation, and the continued red tape has kept the enterprise system as stifled as before, points out Debashis Basu.
Apprentices get at an average of Rs 10,000 to Rs 12,000 per month which can double after one year of on-the-job training.
Fraudsters are on the prowl in the job market, and are using names of big companies like Maruti Suzuki, Samsung and Videocon to entice unsuspecting applicants into their trap.
The government is by far the largest employer; job security is guaranteed for government employees, and their wages are set through once-in-10-year Pay Commission.
Experts at coding, Web development, and digital marketing, will be on every organisation's hiring list, points out Narayan Mahadevan.
Facing a layoff is fast becoming more and more a real prospect for many professionals. To keep your job, you need to work smart not and do whatever it takes to make sure you are crucial to your company.
The avoidable stresses and strains in ties helped in one way. It showed for the entire region how a matured India handled diplomatic relations, especially with a smaller and suspicious neighbour, with practised dignity and patience, unruffled by provocations in word, deed and action, observes N Sathiya Moorthy.
With the festival sales in full swing, e-commerce firms are ramping up hiring to meet the increasing consumer demand. Close to 300,000 new jobs have been created in the sector so far and over 500,000 more jobs are expected to be added till Diwali, according to a report by TeamLease. The demand for gig workers is, however, not restricted to tier-1 cities. Tier-2 and tier-3 cities have seen an increase of 40 per cent, with a higher demand for delivery workers, according to a TeamLease report.
The CBI has already filed a charge sheet in the case against Prasad, Rabri Devi and 14 others under charges of criminal conspiracy and provisions of the Prevention of Corruption Act, in which all the accused have been summoned on March 15, they said.
With the financial crisis ebbing, the pace of vanishing employment has come down in recent months as against an average of a whopping 9,000 job losses daily in the beginning of this year.
'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.
'Our objective is to reach a localisation rate of 50% in the span of five years.'
Tata Consultancy Services (TCS) on Tuesday ruled out cutting down on hiring, saying it has no plans of doing so but it may have to pace hiring according to the evolving demand scenario. TCS is the largest Indian software exporter in terms of headcount, revenue and profit. The statement comes amidst a report that the software industry is going soft on hiring as demand falters from their key markets and some of them are even going back on their campus offers.
If you are an expert in programming languages, statistics and algebra, then a career in AI and ML is worth a shot in 2021.
'Factors such as working professionals seeking better lifestyles, traditional housing challenges, community and networking, and urban migration for jobs are driving the growth in the co-living segment.'
'We have essentially tried to set out an agenda for the next five years and it, in essence, represents the political commitment to that agenda.'
Export-oriented sectors such as gems, jewellery, textiles and leather have seen large scale layoffs triggered by the global economic downturn. Sectors like information technology, construction, aviation, financial services and real estate that contributed to India's nine per cent GDP growth also witnessed significant retrenchment, the survey said.
Talking about the ICC T20 World Cup in the West Indies/US this year and inclusion in 2028 Los Angeles Olympics, he said that the T20 World Cup in New York will be driven by expats.
'If creative jobs can get disrupted, then left brain jobs like coding are easily disrupted. We are going through the journey of huge disruption.'
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