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In India, road accidents claim 19 lives every hour. Can AI make driving safer?
Startups are using AI tools to analyse driver behaviour in an effort to make the operations of fleet operators easier.
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.
Shut after June 28 rainfall, Delhi's Pragati Maidan tunnel reopens
According to India Meteorological Department (IMD) data, the Safdarjung observatory -- the city's primary weather station -- recorded 228.1 mm of rainfall, followed by 192.8 mm at Lodhi Road, 150.4 mm at Ridge, 106.6 mm at Palam, and 66.3 mm at Ayanagar on June 28.
View: Gender diversity needs work
This year, 797 women candidates contested the general elections, constituting 9.6% of the total 8,337 candidates. Only 74 of them won a seat in the 18th Lok Sabha - four fewer than the number of women in the 17th Lok Sabha. This comes less than a year after the passage of the Women's Reservation Bill, which reserves one-third of seats in Lok Sabha and assemblies for women.
Work on to expand Digi Yatra to railways, hotels, tourists spots & other public places
Digi Yatra is currently used by air travellers for paperless movement through airport checkpoints. In this procedure, biometrics such as a facial scan are used instead of a boarding pass. As of now, this facility is available at 14 airports in India, and 15 more airports are set to have it by 2024-end.
What can be the risk to the India bull case scenario? Jonathan Garner answers
There has been unprecedented heat in SoutheastAsia also over the last couple of months. So, I would highlight that as really quite a pressing issue at the moment. I think some of the traditional issues around, let us say, oil import bill and that sort of thing or vulnerability to Fed cycles, they have been much diminished now that the current and capital account situation in India is so much stronger.
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As work-from-home trend declines, flexible office spaces work for employees and companies
Providing convenience and flexibility for employees on one hand, cost-effectiveness, and asset-light models for employers on the other, coworking/managed spaces are booming. Demand for such spaces is soaring in large metros and Tier-2 cities alike as companies tighten return-to-office rules.
Companies go into T20 World Cup mode for employee bonding
Companies, including PhysicsWallah, CashKaro, Tredence, University Living, Pluxee, PeepalCo and Fat Tiger, have plans to mix work with pleasure by screening matches, curating special menus, setting up virtual gaming zones, organising World Cup-themed contests and some may even reward employees with cash prizes and passes to matches. The idea is to break the monotony of everyday tasks at work and foster a positive work culture, bonhomie, and a shared love of sports, HR heads of these firms said. Edtech unicorn, PhysicsWallah, is hosting the Physics Wallah Premiere League, a cricket tournament set to run from June 7-9.
The man who escaped the scam rings of Cambodia
Thousands of workers are trafficked to Southeast Asia to commit cyber fraud on their fellow citizens over social media. Ex-serviceman Botcha Sankhar, who was forced to work in the scam compounds of Cambodia for six months, unravels the modus operandi of this new and terrifying form of crime and forced labour
That’s not funny: Why AI doesn’t get the joke
Despite the advances in technology, artificial intelligence has not grown a sense of humour. That is no laughing matter.
Lunar Timekeeping: How Nasa plans to synchronize moon missions
NASA and the European Space Agency (ESA) are working together to create a standardized time system for the moon. This initiative, part of the Artemis program, aims to coordinate lunar missions from various countries and private entities. The lack of a unified time zone on the moon presents logistical challenges, which this effort seeks to address by potentially using Coordinated Universal Time (UTC) or developing a new time scale tailored to the moon's unique environment.
IT’s bench strength halves as slump-hit companies eye efficiencies
The bench strength at top Indian outsourcers has nearly halved of late, with higher utilisation and generative artificial intelligence (GenAI) driving efficiency in the $254-billion IT industry. Bench strength in the IT industry means full-time employees who are not assigned any active project.
Work overnight for FPI tax papers: Sebi tells big four firms
At a meeting on Tuesday, the Indian capital market regulator has told the accounting biggies in no uncertain terms to generate the mandatory 'confirmation certificate' overnight so that offshore funds managers can repatriate the money from the sale of stocks here to other international markets the very next day.
No booth-wise turnout data mid-polls, says Supreme Court
Supreme Court, led by Justice Dipankar Datta, denied interim relief on disclosing votes in ongoing elections. Maninder Singh opposed ADR's plea, highlighting its potential impact on voter turnout. The decision aimed to maintain faith in the poll panel.
Revolutionising the workplace: GenAI could help Indian workers save millions of working hours
Generative AI (genAI) is sparking awe and fear due to its potential impact on work. A Pearson report examines genAI's workforce impact in multiple countries, revealing potential time savings in IT, manufacturing, and law. Employers and employees are urged to embrace training and redesign roles to focus on higher-value tasks.
GenAI may help Indian workers save 51 million hours a week by 2026: Pearson study
Generative AI (GenAI) could save Indian workers 51 million hours weekly by 2026, according to Pearson's "Reclaim the Clock" study. GenAI boosts productivity by handling routine tasks, reducing burnout. The top five tasks with the most hours saved in India include promoting products, collecting consumer data, developing marketing materials, identifying opportunities, and explaining technical details. Other significant tasks include maintaining expertise, operational records, and ensuring accuracy. GenAI allows workers to focus on high-value activities like strategic thinking, collaboration, and problem-solving, enhancing work-life balance and productivity.
Small cities home to big dream jobs: Hiring scene in tier 2, 3 cities gets busy
Job opportunities are growing across sectors in tier 2 and 3 cities, and professionals are eager to join, recruiters and firms said. Escalating living costs and infrastructural challenges in metros are prompting executives to move to smaller cities. Companies, on their part, are drawn by cheaper land costs, lower salaries and easy talent availability, besides rising disposable incomes in these cities.
Weekend trouble! Third working Saturday for stock market traders in 2024 this week
Opponents of NSE's plan to extend trading hours in derivatives are now facing the reality of three working Saturdays in 2024. NSE and BSE are conducting a test session to ensure market functionality in case of a disaster.
India ranks first in adoption of GenAI across Asia Pacific: Deloitte survey
The report, titled ‘Generative AI in Asia Pacific’, said 93% of students and 83% of employees in the country are actively engaging with GenAI.
India's unemployment rate dips to 6.7% in March quarter
The National Sample Survey (NSSO) revealed that the unemployment rate in urban areas for individuals aged 15 years and above decreased slightly to 6.7% in the January-March period from 6.8% a year earlier. The Periodic Labour Force Survey (PLFS) indicated that unemployment rates for both males and females experienced fluctuations over the quarters.
51.40 crore person-years employment generated during 2014-24: SKOCH Report
A recent SKOCH report revealed that between 2014 and 2024, the Modi government regime generated 51.40 crore person years of employment. The report, titled "Employment Generative Impact of ModiNomics: The Paradigm Shifts," is based on 80 case studies and data from various government schemes. It found that governance-led interventions created 19.79 crore jobs, while credit-led interventions contributed 31.61 crore jobs.
The young backroom players playing a big role in this year's polls
These are grads hired in large numbers by consulting firms specialising in communication and public relations, and well entrenched in the political space.
TCS chairman N Chandrasekaran says GenAI to create impact not seen or imagined
In FY24 from April 2023 to March 2024, TCS also consolidated AI and Cloud expertise with the creation of the AI.Cloud unit.
Myth Debunking 101: Unpaid internships are the only way freshers an gain experience
Freshers entering the job market often face the dilemma of choosing unpaid internships for gaining experience. While such opportunities can be valuable, experts caution against the financial burden and limited growth prospects. They recommend exploring alternatives like apprenticeships, freelance projects, and upskilling programs to enhance skills and career prospects effectively.
Study Warns: Atypical work hours in youth linked to poor health at 50
Young adults who work atypical hours, such as outside the traditional nine-to-five schedule, may experience poorer physical and mental health by the age of 50, according to a new study. The research, based on data from over 7,000 individuals in the US spanning 30 years, found that disrupted sleep patterns due to volatile work schedules were associated with depressive symptoms later in life.
4 out of 5 SME IPOs sail through within hours of opening today
As many as five SME IPOs opened for subscription earlier on Tuesday and four of them sailed through within hours of opening, as usual, backed by strong retail interest.
Narayana Murthy's '70-hour work week' backlash meets surprising support from 'Western friends and NRIs'
In a recent interview, Infosys founder Narayana Murthy reaffirmed advocating for a 70-hour work week, defending his stance amidst criticism. Emphasizing the necessity of hard work in India, Murthy cited support from various quarters and highlighted the responsibility of educated individuals. Sudha Murty echoed this sentiment, sharing familial experiences. Murthy detailed his rigorous work routine and reiterated his commitment to 70-hour work weeks. His earlier call for intense work hours had drawn both support and criticism for its impact on work-life balance.
IT staff forced to work 50 hours/week to meet deadlines: data
IT employees in the country work on an average work for around 45-50 hours per week, translating around 10 hours a day in the 5-day week while the standard is 40 hours a week as a large part of them is often compelled to work longer hours to meet project deadlines, as per data from staffing firms.
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