The income inequality gap was found to be highest in South Africa and lowest in Denmark.
The state visit of Brazilian President Dilma Rousseff to the US next month has been postponed following the concerns being raised by Brazil with regard to the secretive surveillance programme of NSA as revealed by classified documents leaked by Edward Snowden.
Going by the current pace, IT firms are likely to exceed the manufacturing sector in salary payouts over the next five years.
According to the Manpower Employment Outlook Survey released today by ManpowerGroup, the hiring pace for the upcoming quarter has rebound from both, last quarter and a year ago at this time.
India's private sector activity contracted further in August, reflecting faster contractions of both manufacturing and services output, amid decline in new orders and tough economic conditions.
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.
'Curiously, Pinarayi's approach, stressing the imperatives of development, is robustly backed by Nitin Gadkari.'
'I stand next only to Gadkari, one of the few outstanding ministers in the Modi government, in applauding Pinarayi's political courage and vision,' says Ambassador M K Bhadrakumar.
Pai is the fourth Indian-American to become part of Trump's administration.
New Delhi has always maintained that its IPR regime is fully compliant with all international laws.
It was a roller-coaster week for the markets, amid talk of a fiscal stimulus by the government. Saurabh Mukherjea, chief executive officer, and Prashant Mittal, strategist, at Ambit Capital tell Puneet Wadhwa the recent flows into equity mutual funds are largely speculative in nature and pose a risk of reversal.
'If the government had not spent an incredible amount of energy on demonetisation it may -- may, because it had not done anything the previous six months either -- have been able to pay attention to the deeper problems of low investment and job creation.'
At a time when major economies have increased spending, India will have to do the same.
Apart from taking stock of the political situation in the country, the CWC discussed the upcoming presidential and vice presidential elections.
Prices of automobiles, including cars, sports utility vehicles and two-wheelers, are set to come down with Finance Minister P Chidambaram announcing a reduction in excise duty in the Interim Budget.
Will private firms really boost Make in India in the defence sector? Ajai Shukla seeks answers.
'When you forgive a farmer's loans there is this ideological economists lobby which says: 'That's socialism. And that's bad'.' 'But to forgive the loans of big people, so that they will be interested to invest further is capitalism and is good.'
It is time to take a few macroeconomic risks to kick start the growth.
'The economy will pick up in 2020 or a little later... When it picks up, will it reach 10%, 8% or still lower? It all depends on how realistic are the diagnosis and the prescriptions that follow,' says Professor K J Joseph.
Most employment surveys suffer from drawbacks such as limited data coverage, infrequent data collection, and time lag
Rituparna Chakraborty, co-founder and EVP, TeamLease Services explains which sectors will contribute to India's growth story.
Mark Zuckerberg said the company believes in Net neutrality "very strongly".
After Finance Minister Arun Jaitley presented his fifth straight budget in the Lok Sabha, Bharatiya Janata Party members and ministers from the Cabinet reacted positively to the Budget. Here are some of the reactions.
Corporate India tempered its victory celebrations for the supposedly business-friendly Narendra Modi-led National Democratic Alliance's landslide electoral victory by highlighting the need for immediate steps to create jobs through inclusive economic growth.
The need for larger investment in infrastructure that is the biggest shortcoming, says A V Rajwade.
New models of skilling will provide both jobs and entrepreneurship opportunities to inspire recipients to capture the jobs or entrepreneurial opportunities they seek and provide them the agency to stay on and improve on their skills on the job, says Ganesh Natarajan.
As the BJP is set to form the next government in Maharashtra on Friday, industry experts want the new chief minister to expedite the delayed infrastructure projects in the state and revive investment in key sectors by removing bureaucratic bottlenecks.
RBI itself is part of the multi-agency group announced by the Indian government to monitor such holdings and take appropriate action.
Trump will host Modi at the White House on Monday afternoon.
Can welfare schemes truly transform from being flagship to flag-bearers for a government that is looking to get a second term in 2019?
Of the 3.9 million the sector employs, HR experts say at least 100,000 are likely to lose their jobs by the end of this financial year. Ayan Pramanik and Raghu Krishnan report.
Instead of a consumption stimulus the government must address the NPA issue with a war footing and invest in infrastructure, affordable housing and exports, says Sanjeev Nayyar.
'We believe 2017 could see higher flows from foreign institutions as money comes back to growth markets like India.'
Double tax exemption on wages paid to women can encourage companies to hire, retain and compensate women better, argues Nitin Pai.
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
Non-performers were not punished, performers were not rewarded, points out Utkarsh Mishra.
Industry bodies said the decisions will help attract much-needed capital, create jobs, encourage collaboration and benefit cash-starved small and medium enterprises.
There is a need for better computation of numbers so as to avoid overlaps and capture the net gains to the economy.
In a major policy reversal, the AAP government wrote to the Centre to withdraw the approval given by the previous Sheila Dikshit government for FDI in multi-brand retailing in Delhi, saying the entry of global chains such as Walmart and Tesco in India would result in large-scale job losses.
Prime Minister Narendra Modi on Sunday launched a website MyGov that aims to help citizens contribute in governance by giving their opinions and views on important issues like clean Ganga or skill development. The inauguration of the people-centric platform also marks the completion of 60 days of the new government.
Narendra Modi's pay-off from relaxing labour laws would be huge.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances