EMPLOYMENT TRENDS
Viral video shows stampede-like situation during walk-in-interview in Gujarat: Congress, BJP spar
Videos of the massive queue, filled with pushing and shoving as applicants tried to get onto a ramp leading to the hotel's entrance, went viral on social media. The ramp's railing eventually collapsed, causing several people to fall, though fortunately, no one was injured.
Some cooling off may be around the corner, so is the opportunity: 6 auto stocks with an upside potential of up to 28%
When a sector or an industry does well, stock prices also do well. But then a stage comes where while the Industry continues to do well the rate at which the stocks are rising slows. Essentially meaning that stock prices have built in a large amount of good news and they would wait for the next trigger. While there is no doubt and should not be any doubt that auto stock has done well in the last three years as the industry has been doing well. But the reaction of the street to some reports about M&M might be cutting the prices of one SUV model is probably indicating more than just meets the eye. So, should one take some money off the table or should one be slightly cautious when it comes to putting in fresh money? Is this cool down an opportunity for a long term investor ? Probably yes.
Some & simple diligence is all what is required for wealth creation: 5 smallcap stocks for long term investors
On a day when Nifty and sensex are trading with a big cut and all the segments are in red. Talking of small caps which is one probably riskiest segment of the market might appear to be going in the wrong direction. But the fact is that it is a day like this which serves as a reminder of two things. First, however strong the bull run might be, corrections are bound to take place. Second, finally in the end, it is business and the management which manages the business which matters for earnings and earning is what matters to the street. So, if you are looking to invest in markets and especially in the small cap segment there has to be a checklist which if followed, the probability of making mistakes gets reduced and also one is able to get to stocks which create wealth over the long term.
Ethical Hacking Skills: A must-have for freshers entering the modern employment landscape
Freshers can boost their employability in cybersecurity by acquiring ethical hacking skills. With a talent shortage in the field, opportunities abound for roles like Penetration Tester and Security Analyst. Entry-level salaries range from ₹3,00,000 to ₹5,00,000 per annum in India, with growth potential to earn up to 30 lakhs per annum for senior-level hackers.
India sees 33% annual surge in diversity hiring, driven by BFSI and IT Sectors
India has experienced a notable 33% year-on-year increase in diversity hiring, reflecting a heightened emphasis on diversity and inclusion (D&I) policies among companies. The latest foundit Insights Tracker for June 2024 indicates an overall 12% yearly uptick in hiring activity, with the diversity hiring surge underscoring D&I's pivotal role in shaping the country's workforce. CEO Sekhar Garisa emphasizes the importance of inclusion initiatives like mentorship programs and bias training, with a forecast for deeper focus on building inclusive workplaces.
India's job crisis: Labour Ministry hits back at Citigroup; says report fails to consider data from official sources
The Labour ministry has refuted Citigroup's report that New Delhi will struggle to create sufficient employment opportunities despite a 7% growth rate. The ministry cited that the report does not analyze all official data sources available in the public domain, and that India has generated over 8 crore employment opportunities from 2017-18 to 2021-22, despite the COVID-19 pandemic.
India created over 80 million jobs from FY’18 to FY’22, says ministry of labour and employment
Quoting the data from the Periodic Labour Force Survey and the KLEMS data of the Reserve Bank of India, the ministry said on Monday that this translated to an average of over 20 million jobs or employment per year and demonstrates the effectiveness of various government initiatives aimed at boosting employment across sectors.
Midcaps stocks: Bullish, Selective, Long term, combined the three for wealth creation. 5 mid caps stocks with upside potential of upto 22 %
In a market where bulls are ruling every corner of the street, and stocks are either fairly valued or overvalued. The big question is how does one take care of the basic aspect of buying good quality stocks at reasonable valuations. While in this market reasonable valuation might be difficult to find so it would be better to focus on finding quality business knowing full well that one is paying premium in bullish times. Just do a little hard work and ask some questions about the business one is going to be owning after one buys the stock. Doing all this will help in selecting the right stock and staying with them in order to create long term wealth.
Budget 2024 staffing industry's wish list: Tax breaks, skill development, and PF reforms
The staffing and HR industry anticipates tax breaks and investment in skill development in the FY25 budget. They propose lowering the GST on employment services from 18% to 5% and easing EPF contribution rules for staffing companies. Emphasizing skilling in sectors like semiconductors and EVs could address talent shortages and unemployment.
GoI must focus on equitable growth and quality employment
The recent Annual Survey on Unincorporated Sector Enterprises (ASUSE) is a valuable source on informal enterprises provided by GoI that promises to tell us about these voters whose dreams lie unfulfilled. They have struggled in the world’s largest informal economy, India, in jobs without social protections and with lower pay.
GIFT Nifty signals a positive start for D-Street. Here's the trading setup for today's session
Indian equities surge with Nifty crossing 24300 and Sensex breaching 80000. Tech view sets 24900 as the next target. Dollar weakens, oil prices fall, and rupee settles lower. FII net long increases to Rs 3.78 lakh crore. DIIs buy shares worth Rs 924 crore.
Women in India face a jobs crisis. Are factories the solution?
As international brands limit their dependence on China by shifting some manufacturing to India, the trend holds the potential to generate significant numbers of manufacturing jobs - especially for women, who have largely been excluded from the ranks of formal Indian employment.
Job Market Outlook: AI integration set to boost employment in financial and real estate sectors
Manpower Group's latest Net Employment Outlook for June to September 2024 showcases positive trends in India's employment sector, ranking sixth globally. Despite some decline, the Financial Services and Real Estate sectors are driving growth, with AI integration expected to further boost employment opportunities. Various sectors and regions display differing hiring intents, reflecting cautious optimism amidst ongoing global challenges.
Get on the job of jobs
A thorough assessment of historical and current employment trends across sectors leads to a deeper dive into complexities of jobless growth. Mapping out the strengths and weaknesses of each sector is crucial for formulating strategies to enhance job-creating potential. In addition to understanding the employment-generation capacities of different sectors, India's low labour force participation rate (LFPR) poses a significant challenge.
Beyond the paycheck: What employees look for and how employers can fix hiring gaps
The changing work culture is causing a gap between employer and employee expectations in hiring and retention. Companies struggle with mismatched salary expectations, required skills, and cultural fit issues. Nonprofits and FMCG companies face the most challenges. Many employees in India and Asia Pacific prioritize flexibility and career progression. Ageism is evident, especially in sectors like Insurance.
With strong job growth, rate cuts by US Fed before polls unlikely: Jefferies
With the US economy having created far more jobs than expected in May and consumer inflation in the country still looming above a comfortable range, its central bank Federal Reserve is unlikely to tinker with policy rates ahead of the much-awaited Presidential election scheduled later this year.
Hiring in tier-2 cities showing consistent growth: foundit
Tier-2 cities in India have seen consistent growth in hiring compared to metropolitan areas, with cities like Kochi, Coimbatore, and Jaipur emerging as key hiring locations. The overall hiring index shifted to 295 in May 2024, with an 11% increase in hiring compared to the previous year. Tier-2 cities are becoming increasingly attractive hubs for businesses seeking expansion opportunities and tapping into diverse talent pools for sustainable growth.
Startups are driving job growth for freshers: Foundit Insights Tracker
A recent report by foundit, formerly Monster APAC & ME, highlights India's booming startup ecosystem and job opportunities for freshers.
EPFO Payroll data shows surge in youth employment; 15.48 lakh net members added in February 2024
The EPFO's provisional payroll data for February 2024 reveals a significant increase of 15.48 lakh net members, with the 18-25 age group constituting 56.36% of new additions. The data also shows a positive trend in female employment, with around 2.05 lakh new female members added during the month. The release highlights a diverse workforce, with growth seen in various industries. Overall, the data reflects a positive outlook for youth employment and inclusivity in the workforce.
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