'The first job you pick up may not be your ultimate dream job.' 'When the situation is no job or any job, my advice to them will be, pick up any job at the moment.' 'You should use that job as a learning experience.' 'It is easier to find a job when you are working somewhere than when you are sitting at home with no work.'
'People are getting back to work.' 'The worst seems to be over.' 'It is very likely that the recovery is mostly among the informal, self-employed, workers who cannot afford to be away from work for too long,' notes Mahesh Vyas.
'The lack of opportunities here remains the biggest worry.' 'We have seen investment summits, but if you look around, much of it is only on paper and not on the ground.'
Foreign portfolio investors (FPIs) withdrew Rs 14,790 crore ($1.8 billion) from financial stocks in the first half of August, driven by global risk aversion sparked by US recession fears. Additional factors contributing to the decline in banking stocks included subdued earnings growth in the June quarter, concerns about slowing deposit growth, and stricter liquidity norms imposed by the Reserve Bank of India.
Congress president Mallikarjun Kharge vowed to fight for the restoration of statehood to Jammu and Kashmir, asserting that he would remain active in politics until Prime Minister Narendra Modi is ousted from power.
The video of the incident which happened in Whitefield on Tuesday evening went viral on social media platforms.
Abdullah said if the terrorists think they can establish Pakistani writ in Jammu and Kashmir by indulging in such acts, they are mistaken.
An interesting excerpt from Virender Kapoor's latest book Inspiring India: Taking India from Big to Great.
Chinese President Xi Jinping on Thursday congratulated President-elect Donald Trump on his election victory and called for China and the United States to find the right way to manage the differences by strengthening dialogue and communication.
The BJP in Karnataka has claimed that the Lokayukta probe has cleared the party's previous government from 40 per cent commission charges, calling the allegations by the Congress "false". The BJP leaders claim that the allegations were part of the Congress' "tool kit" and were used during the 2023 Assembly polls to corner the then BJP government. However, the Congress government has stated that they have not yet seen the report and that acquittals happen due to a lack of evidence. The BJP has also alleged that the current Congress government is a "60 per cent commission government" and has cited several scams during their time in power.
Congress president Mallikarjun Kharge has called for tough decisions and unity within the party after the Congress suffered electoral defeats in Maharashtra and Haryana. In a meeting with top party leaders, Kharge highlighted the need to strengthen the organization from the grassroots, fix accountability, and address internal bickering. He also urged leaders to remain united and avoid public criticism of each other. The Congress chief expressed concern over the party's performance in state elections despite a strong showing in the Lok Sabha polls earlier this year. He acknowledged the need to learn from the setbacks and improve the party's strategy and communication to counter its rivals' propaganda.
'Just see what kind of political, social and economic impact it will have when the number of unemployed goes up four times in one year suddenly.'
'Investors with foreign currency-denominated goals, such as foreign education or foreign travel, should go for US equity funds.'
If everyone had decent meaningful jobs, the rally maidans would be largely empty and, save for the Akhara babas and curious foreigners and the devout senior citizens, not very many would spare time for the Kumbh Mela, says Mahesh Vyas.
Unemployment rate rose to 13.3 per cent in July-September 2020 as compared to 8.4 per cent in the year-ago period, according to a periodic labour force survey by the National Statistical Office (NSO). Joblessness or unemployment rate (UR) is defined as the percentage of unemployed persons in the labour force. The UR was 20.9 per cent in April-June 2020, the eighth Periodic Labour Force Survey (PLFS) showed.
'Money power was deployed like an army in a war.' 'None of the MVA parties had that kind of money.'
'No political party can antagonise Ambedkarite voters, particularly the neo-Buddhists.'
The rate of unemployment was the highest in the urban areas, which constitute the most number of red zones due to the COVID-19 cases, at 29.22 per cent, as against 26.69 per cent for the rural areas.
In a video statement, the Congress parliamentary party chief also asserted this Lok Sabha election is being fought on issues such as unemployment, inflation and attack on constitutional institutions.
Congress leader Kumari Selja ruled out the possibility of an alliance with the AAP for the Haryana assembly polls.
Investors' wealth plummeted by Rs 5.49 lakh crore on Friday as markets faced a massive correction tracking a weak trend in global peers and fresh foreign fund outflows. Falling for the third day running, the 30-share BSE Sensex tumbled 1,017.23 points or 1.24 per cent to settle at 81,183.93. During the day, it plunged 1,219.23 points or 1.48 per cent to 80,981.93.
ESIC board has relaxed norms to double payment of unemployment benefit under the scheme to 50 per cent of average wages of three months to cope with job loss between March 24 and December 31 this year in view of the COVID-19 pandemic.
The second wave of COVID-19 and the resultant localised lockdowns have impacted over 75 lakh jobs, taking the unemployment rate to a four-month high of 8 per cent, the Centre for Monitoring Indian Economy (CMIE) said on Monday. The situation on the employment front is expected to continue to remain challenging going forward as well, CMIE's managing director and chief executive Mahesh Vyas said.
The move by Congress president Mallikarjun Kharge's son Rahul Kharge comes close on the heels of Chief Minister Siddaramaiah's wife Parvathi returning the 14 sites to Mysuru Urban Development Authority after the Lokayukta police registered a case against Siddaramaiah, his wife and brother-in-law.
The Congress was fighting the elections in a pre-poll alliance with National Conference and had fielded 32 candidates, mostly in Jammu region, compared to 51 by the regional party.
Investors need to carefully assess country-specific risks. 'This is especially true of a market that is less transparent than the US.'
'It is the responsibility of industry to take the very bright talent whose knowledge of software engineering basics is very high, and then give them additional skills.'
'In the new coalition government, India's reform agenda may prioritise job creation and factor market reforms.'
In a sudden turn of political events in Andhra Pradesh, Andhra Pradesh Congress Chief YS Sharmila Reddy spent the night in her party office at Vijayawada as in an attempt to avoid house arrest.
Jannayak Janta Party, which had emerged as the kingmaker last assembly polls, was decimated this time round, while the Indian National Lok Dal also failed to create much impact, with prominent leaders of both outfits Dushyant Chautala and Abhay Singh Chautala losing their seats.
'There are more young people in Assam who are unemployed than possibly anywhere else.'
Showing total disregard for the US constitution, Trump has said that this could be the last election to be held in the country. A Trump presidency could lead to mass deportation of undocumented migrants and harsh family separation, warns Aseem Chhabra.
This would give BJP the chance to explore Constitutional options for government formation if there is no clear-cut mandate, explains Sheela Bhatt.
'For decades, we have heard only lofty claims. We have become accustomed to empty assurances, and it seems that political leaders see us merely as voters'
Kharge's remarks came after Modi on Friday said the Congress stands "badly exposed" in front of people for promising to them what the party knows it will never be able to deliver.
Speaking to reporters in Delhi, Patole asserted there are no disagreements within the MVA, adding that discussions on seat-sharing were underway and would conclude soon.
India's unemployed, the report said, were mostly those with higher education degrees and the young.
62 per cent of respondents across various demographics, including villages, towns, and cities, perceived a greater difficulty in securing employment compared to the previous five years, shows pre-poll survey by Centre for Study of Developing Societies.
Months before the Haryana assembly polls, the Bharatiya Janata Party replaced its strongman Manohar Lal Khattar as chief minister with low-profile OBC leader Nayab Singh Saini, a decision that surprised many.
Ahead of counting of votes, National Conference president Farooq Abdullah on Monday said his party was open to the idea of taking support of Mehbooba Mufti's People's Democratic Party to form government in the Union territory.
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