The Indian economy is projected to grow at 6.3 per cent in current financial year aided by investment and domestic demand. According to a World Bank report released on Tuesday, India continues to show resilience against the backdrop of a challenging global environment. In India, which accounts for the bulk of South Asia region, growth is expected to remain robust at 6.3 per cent in 2023-24, India Development Update of the World Bank said.
'Just the amount of work which is there just to become more and more successful in banking. For this to happen you need to have leaders who understand technology.'
A thaw in relations between India and Pakistan is expected to encourage US companies to move more technology and service jobs to India, a media report said on Thursday.
The organised sector in India is set to create about 1.6 million new jobs in the year 2011.
India's mutual fund (MF) industry had barely any retail footprint when it completed 50 years in 2013. MFs had Rs 7 trillion in assets under management (AUM) in March 2013, of which around Rs 5 trillion was in institution-focused debt funds. By comparison, bank deposits in the country stood at Rs 67.5 trillion around the same time.
Employment in India saw a V-shaped recovery after being adversely impacted between April and June 2020 during the Covid lockdown and during April-June 2021, when the second wave struck, said Krishnamurthy V Subramanian, former chief economic advisor, in a paper released on Friday. Subramanian is now serving as executive director of the International Monetary Fund (IMF). From the official survey data of the National Sample Survey Organisation (NSSO), the paper titled 'Employment in India: Data Sources, Facts, and Trends' showed that both worker-population ratio (WPR) and labour force participation rate (LFPR) were higher, while the unemployment rate was lower during October-December 2022 when compared to the corresponding quarter in 2019.
'Interim Budget has ignited the entrepreneurial spirit.'
Sonam Kapoor feels film-makers prefer to cast her in girl-next-door parts rather than giving her a chance to star in movies that will need her to wear heavy costumes and jewellery.
Larger firms feel that the smaller players have muddied the waters for the IBC process, leading to excessive regulation of resolution Professionals.
They are witnessing, or anticipating, a double-digit growth in job offers over the same period last year.
The top court, however, did not stay at this stage the part of the high court order which had said that central probe agencies could quiz the Trinamool Congress general secretary in connection with these cases and fixed his plea for hearing in July.
Only the top 5 per cent profit makers account for 75 per cent of profits.
Ma Foi Employment Trends Survey (METS), conducted by Ma Foi, one of India's largest HR consultancy firm has predicted a 3 per cent increase in employment in 2008. The largest chunk of the new jobs according to the survey would be generated by hospitality sector which is riding high with the tourism boom in the country. In the city analysis, Mumbai is poised to generate the highest number of jobs, followed by Delhi, Chennai and Kolkata.
The rupee depreciated 39 paise to an all-time low of 82.69 against the US dollar in early trade on Monday as elevated crude oil prices and risk-averse sentiment among investors weighed on the local unit. Moreover, a negative trend in domestic equities and firm American currency sapped investor appetite, forex traders said. At the interbank foreign exchange, the rupee opened at 82.68 against the greenback, then slipped further to 82.69, registering a fall of 39 paise over its previous close.
Among major Sensex shares, PowerGrid fell the most by 2.76 per cent. IndusInd Bank dropped 2.34 per cent, HUL by 2.23 per cent and NTPC by 2.04 per cent. ICICI Bank, HDFC Bank, HDFC, ITC, Infosys, L&T, Bajaj Finance, Kotak Bank, HCL Tech and Tech Mahindra were among the losers. On the other hand, Tata Motors rose the most by 2.94 per cent, followed by Titan which gained 1.26 per cent. Mahindra & Mahindra, SBI and TCS were also among gainers.
According to the survey conducted by HeadHonchos.com, a job search and career portal, 84.1 per cent employers expect new job creations this year.
'The pandemic had a significant impact on child trafficking.' 'With economic hardships, traffickers exploited the situation to target desperate parents and children.'
With multinational companies across the globe increasing the number of their international assignments, more and more female workers are going on expat jobs with Asia Pacific region leading the trend.
Ambrish Sinha, CEO, MeritTrac Services, identifies 6 future-ready skills that a post-COVID-19 workplace will require.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
'We have to lay a bit more importance on partnerships and understanding a bit of match awareness. It's all great to be aggressive but you have to got to use a little bit of upstairs to get the job done.'
Women in the UK are in danger of bearing the brunt of job losses over the next eight years, researchers claimed on Thursday.
'We did take after take, confusing and stressing her out, until she just threw up her hands and said she couldn't do it.' 'She was close to tears.' A fascinating excerpt from Adman Madman: Unapologetically Prahlad by Prahlad Kakar with Rupangi Sharma.
Wipro, Power Grid, Larsen & Toubro, Mahindra & Mahindra, Tech Mahindra, NTPC, Titan, Tata Consultancy Services and HCL Technologies were among the other major winners. Bajaj Finance, IndusInd Bank, Asian Paints, Hindustan Unilever, Axis Bank, ICICI Bank, Reliance Industries and HDFC Bank were among the laggards.
Top companies added employees at 3% CAGR from 2003-04 to 2013-14, while revenues grew at 18%.
Online hiring activity went up around 26 per cent in May.
'It is time to allow the rupee to move towards its true value, as it is hurting Indian exports, investment and SMEs associated with export sectors that create jobs,' argues Pravakar Sahoo.
ITC, Sun Pharma, Maruti, M&M, Tata Motors, HCL Tech, Wipro, Infosys, HUL, Bharti Airtel and Reliance were among the major losers. Kotak Bank rose the most by 1.59 per cent, followed by IndusInd Bank, Bajaj Finance and Bajaj Finserv. L&T, SBI, TCS and HDFC Bank also closed higher.
Brand India's societal divisions and distortions have remained as much relevant in 'liberal' America and Europe as it still is in the structurally stratified Indian society of the 21st century, observes N Sathiya Moorthy.
Nine more people have died as heavy rains lashed Uttar Pradesh for the third day, taking the death toll to 28, while a red alert has been sounded on Tuesday in six districts including the worst-hit Barabanki and Gonda.
'Suvinder Vicky in Kohrra. Manoj Bajpayee in Joram. Mohammed Zeeshan Ayyub in Joram and Scoop. Gagan Dev Riar in Scam 2003. Sukant Goel in Kaala Paani.' 'The number of awards will not be enough for the kind of work that has happened this year.'
Institutes are seeing many first-time recruiters for lateral placements. Not only are they expecting more offers, but higher salaries, too.
Job seekers have reasons to cheer, as hiring activities surged across all sectors in the first month of the year, despite the uncertainty prevailing in the overall economic scenario.
It is evident that the younger generation is increasingly choosing to postpone or completely forego the idea of getting married, observes Sybil Shiddell, country manager India, Gleeden, a discreet extra marital dating Web site.
More than ever before, women voters can make or mar a political party's electoral fortunes.
The government has to cover a lot of ground if it wants to achieve the target of generating 10 million new jobs in the sector over the next three years, says Shyamal Majumdar.
Indian IT major HCL Technologies Ltd has decided to create 250 jobs in Northern Ireland as part of its call centre expansion plan
