EQUITABLE
LGBTQIA+ employees have a new ally at workplace in senior leaders
At companies such as GE Aerospace, IBM, LTIMindtree, Deutsche Bank, Cisco, Cummins and Thoughtworks, board members, leaders, people managers as well as teammates are driving a culture of inclusiveness so that LGBTQIA+ workers don’t feel isolated.
Growth needs to be made more socially equitable and inclusive: Navneet Munot
We had GDP growth of 8%. Inflation well contained. If you look at external sector, whether you look at our current account, whether you look at our balance of payment, whether you look at foreign exchange reserves in a good shape. Relative to rest of the world which is dealing with so many challenges, I think India stands out.
Why deeptech companies need to do a deep-dive on gender diversity
Indian companies, particularly in the IT sector, have made some progress in gender diversity but still face significant challenges, especially in the deeptech sector. A report by Pure Storage and Zinnov highlights these issues, revealing that while global capability centres (GCCs) employ 1.66 million people with 28% being women, this diversity decreases sharply at higher corporate levels, dropping to just 6.7% at the executive level.
PM Modi ended culture of appeasement, started equitable public service delivery: Jitendra Singh
Jitendra Singh said citizen-centric schemes such as the PM Awas Yojna and the Ujjawala Yojna, among others, reached every such household where these amenities were found lacking and the authorities never asked which religion or caste the family belonged to, or which political party they had voted for.
More transparency in Budget making over 10 years: FM Nirmala Sitharaman
Finance minister Nirmala Sitharaman has emphasized the Modi government's commitment to reforms and improved transparency in budget making. She emphasized the government's focus on transforming the budget from a mere record of expenditures into a strategic blueprint for equitable development, overcoming past constraints and archaic practices.
Poll Call 2024: Modi has brazenly used communal language, says Congress
Congress questions PM Modi's denial of Hindu-Muslim politics, citing his past use of communal language. Spokesman Jairam Ramesh criticizes Modi's campaign speeches, highlighting complaints to the Election Commission of India about Mr Modi's actions.
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Wanted: Policies that support womens’ advancement in the workplace
In India, women face significant barriers in the workplace, from the burden of unpaid care work to the gender pay gap. Despite anti-harassment policies like the POSH Act, compliance remains a challenge, contributing to the "leaky pipeline" where women exit the workforce.
BIPAs vs FTAs: Balance of trade rests on finding an equitable equation
Both types of trade agreements have their merits and demerits. The government has to find the right mix to ensure investments that come into the country benefit the domestic economy in the long run.
Sebi proposes audiovisual details of IPO disclosures
The lead manager to the public issue should create the audiovisual in a bilingual version, English and Hindi. The total duration of the audiovisual would have to be equitably distributed among the material disclosures made under various sections of the public issue offer document such as risk factors, capital structure, objects of the offer, business of the issuer, financial information, litigations and material developments.
India, EFTA trade pact to help push growth of domestic wine industry: CIABC
The Confederation of Indian Alcoholic Beverage Companies (CIABC) Director General Vinod Giri said that time-bound reduction of customs duties on an equitable and sustainable level will support the domestic industry. As per the documents of the agreement, duty concessions on wine are similar to those given to Australia, with no concessions for wines costing less than USD 5.
Do this to survive the froth building up in small-cap, mid-cap mutual fund schemes
If you follow the few basic rules of investing, none of this is going to affect you. I’m talking about basics like careful fund choice, diversification, opting for SIPs, and investing only long-term money in small caps and mid caps. Every smart investor should already be doing this, Sebi or no Sebi, crash or no crash.
Onion exporters seek ‘fair and equitable’ distribution of export quota
Exporters have requested fair distribution of the onion export quota amid confusion caused by conflicting statements from political leaders and senior government officials. The ban on exports remains, but a limited quota has been allowed to Bhutan, Bahrain, Bangladesh, and Mauritius.
India does not rush into trade agreements if it is not fair, balanced, equitable: Goyal
India's Commerce and Industry Minister, Piyush Goyal, emphasizes that India does not rush into Free Trade Agreements (FTAs) unless they are equitable, balanced, and fair for the country. He highlights the changed ground realities in India and stresses the importance of thorough negotiations. Current FTA negotiations include the UK, Oman, and the European Free Trade Association (EFTA).
90% of women not sure about DEI measures for inclusion in ANSR and Talent500 survey
A study engaged with about 3000 women pan-India to understand and evaluate their insights on representation and engagement of women workforce in modern IT teams. It unveiled critical insights, showcasing a colossal difference between perception and reality, and highlighting the gaps in gender stereotyping during interviews to a perceived absence of clear pathways for career advancement into leadership roles.
Interim budget: Steering towards sustainable and equitable growth
The interim budget serves as a crucial milestone in this journey, aligning with broader goals of sustainability, inclusive development, infrastructure enhancement and fiscal responsibility. It hinges on harnessing the power of women, youth, farmers and innovation for nation's development. The finance minister reminded us that the aspiration of growth must go hand in hand with having adequate financial resources and hence, opening India to more investment from the world is more important than ever for India's growth story to continue.
View: Interim budget high on rhetoric, low on actual commitment towards equitable society
The budget claims to be pro-welfare. However, allocations made cannot be taken at face value. Allocations for major welfare schemes in the 2023-24 budget have been significantly reduced in RE. PM Awas Yojana, National Health Mission, SC/ST welfare and Samagra Shiksha have taken the biggest hits.
Navigating the trade and environment nexus: A call for actionable equitable policies
As the global community grapples with climate change, plastic waste, biodiversity loss, and pollution, the need for a balanced approach that fosters sustainable development, meaning the triumvirate of economy, equity, and ecology, is more crucial than ever.
Lack of contribution to network costs from large traffic generating digital players a challenge: COAI
The large traffic-generating platforms, despite earning both from subscription fees and advertising revenues, do not contribute to the network costs financially, rued Cellular Operators' Association of India (COAI) whose prominent members include Reliance Jio, Bharti Airtel and Vodafone Idea.
‘The Math Ain’t Mathing’: Taraji P. Henson talks about Hollywood pay disparity
Addressing the financial complexities actors face, Henson pointed out the significant deductions from their earnings. She highlighted the impact of taxes and the percentages taken by agents, managers, lawyers, and other team members, leaving actors with a fraction of their reported income.
'Equitable growth': Rajya Sabha likely to discuss India's economic situation
The Rajya Sabha is scheduled to discuss India's current economic situation on Tuesday, following the acceptance of a notice by Trinamool Congress leader Derek O'Brien. The short-duration discussion on 'bolstering the economy for equitable growth' is set for 2 pm. The Winter Session of Parliament, which began on Monday, concludes on December 22.
Historic move set in motion for equitable shift in global tax power; India votes for change
India voted for a change along with 125 countries in favour of a resolution calling for a 'UN tax convention'. The resolution was passed in the ratio of 125:48 at the UN General Assembly in New York on November 22.
India warns of unsustainable financing and its subsequent debt traps at UNSC
At a UN Security Council debate, India cautioned against unsustainable financing leading to debt traps, stressing it hinders peace and development. Emphasizing reforms in financial institutions, India reiterated commitment to Agenda 2030 for Sustainable Development. Urging global cooperation, the diplomat highlighted the necessity of inclusive representation for the Global South.
G20 commits to inclusive, equitable, high-quality education and skills training for all
The G20 has committed to using digital technologies to bridge the digital divide in education and support teachers in keeping up with technological advancements. The leaders also emphasized the importance of inclusive and high-quality education and skills training for all, including those in vulnerable situations.
G20 Health Ministers call for building resilient, equitable access to affordable medicines in developing world
According to the outcome document released after the meet in Gandhinagar on August 19, consensus was built on setting up research and development and manufacturing network for vaccines, therapeutics, and diagnostics, along with setting up a platform for making open-source and inter-operable digital solutions readily available.
B20 Task Force on Climate Change recommends just and equitable transition to clean energy
The B20 India Task Force on Energy, Climate Change, and Resource Efficiency has recommended a just and equitable transition to clean energy that is inclusive and resilient. The task force calls for global cooperation to achieve net zero transitions and emphasizes the need for collaboration, innovation, and financing options that benefit everyone, especially in the global south. The recommendations also promote a circular economy and highlight the urgency of addressing climate change while reducing dependence on fossil fuels.
ETMarkets Smart Talk- Equites likely to remain best-performing asset class in next three years: Nirav Sheth
Bull markets are, almost always, initially seen climbing the wall of worry — mostly reflected in the sub-optimal financial commitments from market participants; this is, in fact, good news for markets.
Lenders vote for equitable distribution of proceeds from sale of Reliance Capital
The majority of Reliance Capital lenders Monday agreed on equitable distribution of proceeds among assenting and dissenting creditors, a move aimed to discourage negative voting on the plan, said people aware of the development. Lenders expect a recovery of about Rs 10,090 crore from the sale of Anil Ambani promoted financial services company, which is below the liquidation value pegged at Rs 12,500-13,000 crore.
NCLT directs Lavasa lenders to distribute sale proceeds equitably
While passing the order, an NCLT division bench comprising Justice Shyam Babu Gautam and P N Deshmukh relied on the Supreme Court’s order on Rainbow Papers, where it said secured creditors cannot secure their dues at the cost of statutory dues of any government or government authority.
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