ACCOUNTANT SHORTAGE

At the current pace, 5.91 million foreign people will be working in Japan in 2040, almost one million short of the foreign workforce needed to sustain the targeted average annual growth rate of 1.24%, the Japan International Cooperation Agency (JICA...

Larsen & Toubro (L&T) faces a severe shortage of skilled labor, with a deficit of 25,000 workers in engineering and construction, and 20,000 in IT and IT services, per its Chairman S N Subrahmanyan. This shortfall, due to various factors including h...

Reduced water availability has the potential to interrupt both agricultural and industrial activities, leading to increased food prices and income reductions for impacted businesses and workers, particularly farmers. This situation may lead to socia...

Dehi water crisis: Delhi faces a worsening water crisis, with videos of residents struggling for water going viral. The blame game among politicians, including the AAP government and neighbouring states, has escalated. Despite efforts to increase wa...

Japan GDP growth: Revised government data shows Japan's economy shrank at an annual rate of 1.8%, an improvement from the initial estimate of 2.0%. Private sector investments were revised to minus 0.4%. Weak consumer spending, a depreciating yen, an...

India's domestic air traffic is projected to increase by 6-8 per cent to 161-164 million this financial year, while international air traffic is expected to rise by 9-11 per cent to 75-78 million by March 2025. Domestic carriers are facing consolida...

The proposed change seeks to streamline operations and mitigate risk by directly crediting securities payouts to clients' Demat accounts, bypassing the broker's pool account.

Delhi water crisis: In Chilla Gaon situated in Mayur Vihar Phase 1, people can be seen standing in long queues amidst the water crisis. Water is being supplied to the people through tankers.

With temperatures soaring to record levels across India, the Government of India has taken steps to address the impending surge in electricity demand by instructing idling power plants to increase operations. This move comes as a response to the hig...

It is learnt that the cabinet secretary has been holding rounds of discussions with stakeholder ministries and departments over the last few weeks to address various problems currently ailing the CGHS - from flagging partnership with major private h...

Brazil, the leading orange juice exporter, anticipates the worst harvest in 36 years due to a heat wave. The global orange juice supply is impacted by reduced production in Brazil and Florida.

Weather experts warn of increasing heat waves in India, impacting daily life, business, and economy. With hotter temperatures forecasted, power demand is expected to rise, putting pressure on power generation and potentially leading to power cuts. H...

Accommodation prices in Australia have shot up nearly 15% for shared rooms or dormitories in the last quarter, according to latest data shared exclusively with ET by University Living, a global student housing marketplace. With 120,000 students, Ind...

India's primary reservoirs, at 38% capacity, indicate water scarcity with Bengaluru facing a 500 MLD shortfall. Southern regions also report shortages, emphasizing the critical need for water management and conservation efforts.

India’s technology city is either looking up at the skies or awaiting tankers for water. Since Cauvery alone cannot fulfill Bengaluru’s water needs, experts say the city needs an approach integrating multiple sources for long-term solutions. What ha...

Ukrainian President Zelenskiy called for more weapons at a global security conference to counter Russia's advances. German Chancellor Scholz urged European countries to match Germany's increased military aid to Ukraine and invest in their own securi...

The Canadian government is intensifying efforts to bring more French-speaking skilled workers to address labour shortages. Canada aims to hit immigration targets and strengthen national identity through various measures, while emphasizing the import...

New figures from the Office for National Statistics reveal that an influx of non-European Union (EU) foreign workers has helped alleviate staff shortages in the UK over the past four years. However, this presents a political challenge for Prime Mini...

S Krishnan said that while institutes like Indian Institute of Science are training several Mtech graduates and PhDs, in design of semiconductors, the people who are in most demand are technicians, he said.