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Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs  Pranav Adani, Managing Director, Agro, Oil and Gas and Director of Adani Enterprises, on Friday unveiled a massive Rs 27,900 crore investment plan for Bihar, with the potential of creating as many as 53,500 jobs in the state.  Addressing the ‘Bihar Business Connect’ summit here, Pranav Adani said that “there can be no better validation” of the Adani Group’s belief in the leadership of state Chief Minister Nitish Kumar “than the humble fact tha...
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Pranav Adani unveils Adani Group`s Rs 27,900 crore investment plan for Bihar, to create 53,500 jobs
Source: IANS
2024-12-20 02:15:06 pm
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre More than four lakh backlog vacancies in government jobs reserved for Scheduled Caste (SC), Scheduled Tribe (ST) and Other Backward Class (OBC) candidates have been filled since 2016, the Parliament was informed.  "Occurrence and filling of vacancies, including the backlog reserved vacancies, is a continuous process," Minister of State for Personnel Jitendra Singh said in a written reply to the Rajya Sabha. Instructions have been issued to all ministries and departments o...
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre
Over 4 lakh jobs backlog for SC, ST, OBC filled since 2016: Centre
Source: IANS
2024-12-20 02:00:56 pm
India`s job market projected to grow by 9 pc in 2025 India is expected to see a 9 per cent growth in hiring in 2025, according to a report on Thursday.  The report by foundit (formerly Monster APAC & ME), showed that IT, retail, telecommunications, and Banking, Financial Services, and Insurance (BFSI) sectors are the primary drivers of this growth in the country. With a 10 per cent growth in 2024 and a 3 percent month-on-month growth in November, the forecast indicates that hiring is set to retain its momentum, with a predict...
India`s job market projected to grow by 9 pc in 2025
India`s job market projected to grow by 9 pc in 2025
Source: IANS
2024-12-19 04:47:50 pm
India`s tourism and hospitality sector poised for 61 lakh new jobs by 2036-37: CII EY Report A joint report by the Confederation of Indian Industry (CII) and EY has said that the country’s tourism and hospitality sector is projected to require an additional 61.31 lakh workers to cater to an increasing tourism activities by 2036-37. The CII and EY in a whitepaper titled ‘Employment Landscape in Tourism and Hospitality in India’ provides a forward-looking analysis of employment trends in one of India’s most dynamic sectors and highlights its critical role in dri...
India`s tourism and hospitality sector poised for 61 lakh new jobs by 2036-37: CII EY Report
India`s tourism and hospitality sector poised for 61 lakh new jobs by 2036-37: CII EY Report
Source: Accord Fintech
2024-12-19 10:21:41 am
Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034 The tourism and hospitality sector is expected to add 61 lakh new jobs in India by 2034, according to a report on Wednesday.  The whitepaper released by the Confederation of Indian Industry (CII) and EY at the 18th Annual CII Tourism Summit, showed that despite setbacks from the Covid-19 pandemic, the sector is witnessing a strong resurgence, fuelled by domestic tourism. Currently, the sector contributes to about 8 per cent of India’s total employment. The report noted tha...
Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034
Tourism & hospitality sector poised to add 61 lakh new jobs in India by 2034
Source: IANS
2024-12-18 04:05:12 pm
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs The Centre’s Production Linked Incentive (PLI) scheme has succeeded in attracting an investment of Rs 1.46 lakh crore in the manufacturing sector and has created over 9.5 lakh jobs, Commerce and Industry Minister Piyush Goyal informed the Lok Sabha. As of date, 764 applications have been approved under PLI schemes across 14 sectors, the minister said in a written reply in the Lower House. "As of August 2024, across 14 sectors, investment of Rs 1.46 lakh crore have been realis...
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
PLI scheme has attracted Rs 1.46 lakh crore investment, created 9.5 lakh jobs
Source: IANS
2024-12-18 02:28:17 pm
10.97 lakh trainees under Centre`s DDU-GKY scheme given jobs: Minister  Under Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) a total of 16.9 lakh candidates have been trained and more than 10.97 lakh candidates or 65 per cent of the total have been placed in gainful employment from FY 2014-15 till November 2024, the Lok Sabha was informed on Tuesday. Under DDU-GKY, placement in the domain where training is imparted is not mandatory. The top 15 sectors under which training was imparted include textiles, retail, electronics, tourism and hospitalit...
10.97 lakh trainees under Centre`s DDU-GKY scheme given jobs: Minister
10.97 lakh trainees under Centre`s DDU-GKY scheme given jobs: Minister
Source: IANS
2024-12-18 09:08:03 am
India`s circular economy may create 10 million jobs by 2050: Amitabh Kant The country's G20 Sherpa Amitabh Kant has said that India's circular economy could generate a market value of over $2 trillion and create 10 million jobs by 2050. He said the circular economy can be a driver of growth, and this transition not only promises cost savings but also positions India to capitalise on the global circular economy market. This is a huge opportunity because, by 2050, India's circular economy could generate a market value of over $2 trillion and create close ...
India`s circular economy may create 10 million jobs by 2050: Amitabh Kant
India`s circular economy may create 10 million jobs by 2050: Amitabh Kant
Source: Accord Fintech
2024-12-17 12:23:17 pm
Emerging Indian cities see impressive job growth in 2024, outlook optimistic for next year Emerging cities like Indore, Udaipur, Bhubaneshwar and Jaipur have seen impressive job growth this year, with Udaipur leading with 17 per cent overall growth and Indore up by 14 per cent, a report showed on Monday.  Other emerging cities like Jaipur and Ahmedabad are also driving India's job market, with double-digit growth in sectors like IT, oil and gas and construction, according to the report by Naukri.com. Jaipur emerged as one of the emerging tech hubs, registering 48 per...
Emerging Indian cities see impressive job growth in 2024, outlook optimistic for next year
Emerging Indian cities see impressive job growth in 2024, outlook optimistic for next year
Source: IANS
2024-12-16 05:37:17 pm
Semiconductor plants to reduce dependency on imports, create jobs for youth in India: C.R. Patil  While Surat has long been known for its textile, diamond and solar panel industry, the city will now be also known for the semiconductor industry, Union Jal Shakti Minister C.R. Patil said on Sunday.  He said this while inaugurating the Suchi Semicon, a Gujarat-based semiconductor company’s first Outsourced Semiconductor Assembly and Testing (OSAT) plant in Surat. "India is on a transformative path towards becoming a global technology hub, and initiatives like the ...
Semiconductor plants to reduce dependency on imports, create jobs for youth in India: C.R. Patil
Semiconductor plants to reduce dependency on imports, create jobs for youth in India: C.R. Patil
Source: IANS
2024-12-16 08:49:42 am
Industry must skill, provide job opportunities to disabled: Piyush Goyal  Industry must devise ways to skill, train, and provide employment opportunities to physically impaired citizens, said Union Minister of Commerce and Industry Piyush Goyal.   Goyal said this during his address at the BML Munjal Awards 2024 in New Delhi. Evoking Prime Minister Narendra Modi’s call for skilling the nation and enabling the physically impaired citizens, he called on industry leaders to make skill development available in Braille, and also for those who have ...
Industry must skill, provide job opportunities to disabled: Piyush Goyal
Industry must skill, provide job opportunities to disabled: Piyush Goyal
Source: IANS
2024-12-13 11:53:48 am
India`s industrial production rose 3.5 per cent in October 2024: Data India's Index of Industrial Production (IIP) recorded a year-on-year growth of 3.5 per cent in October, up from 3.1 per cent in September this year, according to the data released by the Ministry of Statistics on Thursday.  The industrial growth rate of the manufacturing sector, which accounts for more than three-fourths of the index of industrial production (IIP), recorded a growth of 4.1 per cent in October. The sector plays a key role in providing quality jobs to the young g...
India`s industrial production rose 3.5 per cent in October 2024: Data
India`s industrial production rose 3.5 per cent in October 2024: Data
Source: IANS
2024-12-12 06:05:37 pm
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data Asian stocks gained on Thursday, tracking Wall Street's tech-led rally overnight after an as-expected reading of U.S. consumer inflation cemented bets for a Federal Reserve interest-rate cut next week. Japan's Nikkei topped 40,000 for the first time since mid-October, led by advances in chip-sector shares. The exporter-heavy index also got a boost from a weakening yen, as traders pared bets for a Bank of Japan rate hike next week. The Australian dollar surged after employment da...
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
Asia stocks rally on Fed cut bets; Aussie jumps on jobs data
Source: Reuters
2024-12-12 09:05:39 am
Dollar holds steady despite rate cut bets; Aussie rises after jobs data The U.S. dollar traded in a narrow range on Thursday after hitting a two-week high in the previous session, supported by a rise in U.S. Treasury yields even as market players bet the U.S. Federal Reserve will cut interest rates next week. The Aussie dollar surged after Australian employment beat forecasts, while the euro held steady ahead of the European Central Bank's (ECB) monetary policy decision later in the day. The greenback held on to a hefty portion of the previous day's...
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
Dollar holds steady despite rate cut bets; Aussie rises after jobs data
Source: Reuters
2024-12-12 09:00:28 am
ADB approves $350 million loan to boost India’s logistics sector, create jobs In a bid to help India strengthen and modernise its logistics sector, the Asian Development Bank (ADB) has approved a $350 million policy-based loan to support wide-ranging reforms in the sector.  The logistics sector reforms are also expected to create substantial employment opportunities, both in urban and rural areas. The increased demand for skilled logistics workers, driven by private sector investments and process efficiency, will contribute to job creation. The loan will fin...
ADB approves $350 million loan to boost India’s logistics sector, create jobs
ADB approves $350 million loan to boost India’s logistics sector, create jobs
Source: IANS
2024-12-07 05:12:10 pm
Recognised startups create over 16.6 lakh direct jobs Recognised startups in India have created over 16.6 lakh direct jobs across more than 55 varied industries, the Parliament was informed on Friday.  The highest number of direct jobs were created in the IT sector (2,04,119), followed by healthcare and life sciences (1,47,639), and professional and commercial services (94,060), Minister of Commerce and Industry, Piyush Goyal, told the Rajya Sabha in a written reply. Startups in the fields of education (90,414), human resources (87,98...
Recognised startups create over 16.6 lakh direct jobs
Recognised startups create over 16.6 lakh direct jobs
Source: IANS
2024-12-07 09:21:39 am
7 in 10 Indian employees willing to apply new job skills for future demands Seven in 10 Indians in the current workforce are willing to apply new job skills in real-world settings, underscoring the need for organisations to bridge the gap between current readiness and future demands, a report showed on Friday.  Further, there has been a noticeable increase in willingness among both the current and future workforce to embrace the gig model, according to the report by job search platform Indeed and Nasscom. Approximately 35 per cent of each group expressed o...
7 in 10 Indian employees willing to apply new job skills for future demands
7 in 10 Indian employees willing to apply new job skills for future demands
Source: IANS
2024-12-06 02:15:26 pm
PLI in food processing industry generates more than 2.89 lakh jobs: Centre The production-linked incentive (PLI) for the food processing industry has generated employment of more than 2.89 lakh (as of October 31), the government said on Friday. According to data reported by the scheme's beneficiaries, an investment of Rs 8,910 crore has been made across 213 locations in the country, the Ministry of Food Processing Industries said in a statement. The PLI scheme for Food Processing Industry (PLISFPI) was approved by the Union Cabinet on March 31, 2021 with a...
PLI in food processing industry generates more than 2.89 lakh jobs: Centre
PLI in food processing industry generates more than 2.89 lakh jobs: Centre
Source: IANS
2024-12-06 01:46:36 pm
Currency markets brace for US jobs report amid political turmoilt Major currencies remained jittery on Friday as markets awaited U.S. job data and considered the impact of a politically turbulent week that saw the collapse of France's government and the brief imposition of martial law in South Korea. The U.S. dollar briefly spiked against South Korea's won after local media reported that the nation's main opposition Democratic Party said lawmakers were on standby after receiving reports of another martial law declaration. The won was last ...
Currency markets brace for US jobs report amid political turmoilt
Currency markets brace for US jobs report amid political turmoilt
Source: Reuters
2024-12-06 09:02:56 am
Job opportunities to rise by 7.5 pc in Indian fintech industry Job opportunities are expected to rise by 7.5 per cent in the Indian fintech industry, spurred by the widespread embrace of digital payments, blockchain innovations and the growth of open banking systems, according to a report on Thursday.  While the banking industry has seen a 7.3 per cent net rise in employment, fuelled by regulatory initiatives, non-banking financial companies (NBFCs) are also showing steady growth, with a 5.1 per cent net rise in employment, according to latest in...
Job opportunities to rise by 7.5 pc in Indian fintech industry
Job opportunities to rise by 7.5 pc in Indian fintech industry
Source: IANS
2024-12-05 05:43:56 pm
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal The domestic startup ecosystem is driving transformative change by democratising business and converting job seekers into job creators, Union Minister of Commerce and Industry, Piyush Goyal, said on Thursday.  Applauding the launch of Startup Policy Forum (SPF), a first-of-its-kind industry alliance dedicated to representing and advancing India’s new-age economy, the minister said he is glad to see many founders joining the SPF, which should reinforce India’s global leader...
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal
Indian startups democratising biz, converting job seekers into job creators: Piyush Goyal
Source: IANS
2024-12-05 10:10:05 am
India`s gig economy could add 90 million jobs over time India’s gig economy could add 90 million jobs, enabled by large multinationals, and add 1.25 per cent to the country's GDP over time, according to a report on Thursday.  Gig economy supports sectors such as e-commerce, transportation and delivery services, among others, and the market is expected to grow at a compound annual growth rate (CAGR) of 17 per cent to reach a gross volume of $455 billion in coming years, according to the report by The Forum for Progressive Gig Work...
India`s gig economy could add 90 million jobs over time
India`s gig economy could add 90 million jobs over time
Source: IANS
2024-11-28 05:53:47 pm
GenAI, quantum computing set to create over 10 lakh jobs in India by 2030 Emerging technologies like Generative AI (GenAI) and quantum computing are set to create more than 10 lakh jobs in India by 2030, according to a report on Wednesday.  Global capability centres (GCCs) emerged as the powerhouse of tech hiring India during the July-September period (Q2 FY25), driven by a robust demand for skills in roles such as AI/ML, analytics, cybersecurity, cloud, and DevOps, according to the report by Quess Corp, India’s leading business solutions provider. ...
GenAI, quantum computing set to create over 10 lakh jobs in India by 2030
GenAI, quantum computing set to create over 10 lakh jobs in India by 2030
Source: IANS
2024-11-27 06:00:28 pm
India registers higher growth in better quality formal sector jobs India’s employment in the formal sector, which offers better quality jobs, has kept up its growth momentum during the first half of the current financial year with an increase in new additions across the three social security schemes compared to the same period last year, according to official figures.  New enrolments to the Employees’ Provident Fund scheme, which applies to larger organisations and better-paid employees, increased by 2.3 per cent 6.1 million in the first ...
India registers higher growth in better quality formal sector jobs
India registers higher growth in better quality formal sector jobs
Source: IANS
2024-11-26 12:40:29 pm
Demand for entry-level talent surges 59 pc in India`s tech sector Hiring in the Indian tech sector rebounded in the second quarter (Q2) this fiscal, with demand for entry-level talent making up 59 per cent of job listings, according to a report on Monday.  Global edtech company Great Learning saw 43 per cent increase in job postings on its career support platform, GL Excelerate, during the July-September period. The platform connects recruiters with top-tier talent across key sectors such as data science, artificial intelligence, cybersecurity, d...
Demand for entry-level talent surges 59 pc in India`s tech sector
Demand for entry-level talent surges 59 pc in India`s tech sector
Source: IANS
2024-11-25 04:26:47 pm
iPhone production reaches $10 bn in India in April-Oct, creates 1.75 lakh direct jobs in 4 years Riding on the government's production-linked incentive (PLI) scheme, Apple’s iPhone production in the country has reached $10 billion in the seven months of this fiscal (FY25), with $7 billion in exports alone which is a record, the Centre said on Monday.  The tech giant manufactured/assembled $14 billion of iPhones in India last fiscal (FY24), with exporting more than $10 billion worth of iPhones. In a post on X, Union Electronics and IT Minister Ashwini Vaishnaw said th...
iPhone production reaches $10 bn in India in April-Oct, creates 1.75 lakh direct jobs in 4 years
iPhone production reaches $10 bn in India in April-Oct, creates 1.75 lakh direct jobs in 4 years
Source: IANS
2024-11-25 02:13:41 pm
India projected to see 7.1 pc workforce growth in FY25 second half India will see a promising 7.1 per cent net employment growth rate in the second half of FY25, according to a report on Monday.  The report by TeamLease Services, a people supply chain company, showed that the job growth rate in the country has surged from 6.33 per cent in the previous half-year, and reflects the collective outlook of 59 per cent of employers planning workforce expansion. An additional 22 per cent are also maintaining their current staffing levels, even as 19 per cent...
India projected to see 7.1 pc workforce growth in FY25 second half
India projected to see 7.1 pc workforce growth in FY25 second half
Source: IANS
2024-11-25 11:23:32 am
New wage jobs for young adults drops to lowest since 2018 in South Korea The number of new wage jobs for young adults in South Korea dropped in the second quarter to the lowest amount since 2018, data showed on Sunday.  Those in their teens and 20s received employment at 1.45 million new jobs in the April-June period, down 8.6 percent from a year earlier, according to the data compiled by Statistics Korea. The tally marked the lowest amount since the statistics agency began keeping such records in 2018, reports Yonhap news agency. Meanwhile, South Ko...
New wage jobs for young adults drops to lowest since 2018 in South Korea
New wage jobs for young adults drops to lowest since 2018 in South Korea
Source: IANS
2024-11-25 08:54:16 am
Centre launches World Bank`s `jobs at your doorstep`  Union Minister for Education Dharmendra Pradhan along with Minister of Labour and Employment Mansukh Mandaviya on Friday launched a World Bank report titled 'Jobs at Your Doorstep: A Jobs Diagnostics for Young People' that covers six states in India.  Pradhan complimented the World Bank team for the detailed report and urged them to adopt a pan-India framework as well. “Such in-depth diagnostics on skilling and jobs will enable stakeholders to create new archite...
Centre launches World Bank`s `jobs at your doorstep`
Centre launches World Bank`s `jobs at your doorstep`
Source: IANS
2024-11-22 04:16:24 pm
Indian MSMEs create about 10 crore jobs in 15 months The total number of new jobs created by micro, small and medium enterprises (MSMEs) in the country has gone up by close to 10 crore in the last 15 months, official data recorded on the government’s Udyam portal showed.  According to the figures, the number of registered MSMEs has now gone up to 5.49 crore from 2.33 crore in August last year while the number of jobs reported by these enterprises has shot up to 23.14 crore from 13.15 crore during this period. The total employme...
Indian MSMEs create about 10 crore jobs in 15 months
Indian MSMEs create about 10 crore jobs in 15 months
Source: IANS
2024-11-21 11:49:01 am
20.58 lakh new employees enrolled under ESI scheme in Sept as jobs rise in formal sector As many as 20.58 lakh new employees were enrolled under the Employees' State Insurance Corporation (ESIC) scheme during September this year, reflecting the higher number of jobs being created in the organised sector of the Indian economy, according to data released by the Ministry of Labour and Employment on Tuesday.   The data shows that out of the total 20.58 lakh employees added during the month, 10.05 lakh employees amounting to around 48.83 per cent of the total registrations...
20.58 lakh new employees enrolled under ESI scheme in Sept as jobs rise in formal sector
20.58 lakh new employees enrolled under ESI scheme in Sept as jobs rise in formal sector
Source: IANS
2024-11-19 05:40:07 pm
60% of Healthcare job postings aimed at women in the last three months, reports apna.co Amidst a rapidly expanding healthcare sector, Apna.co, India's leading job and professional networking platform, has observed a notable shift, with over 60% of the recent 40,000 healthcare job postings specifically targeting women healthcare professionals in the last 3 months. This increase in demand for female healthcare professionals is largely driven by expanded government spending on public healthcare and the development of healthcare services in underserved Tier 2 and 3 cities by pri...
60% of Healthcare job postings aimed at women in the last three months, reports apna.co
60% of Healthcare job postings aimed at women in the last three months, reports apna.co
Source: PR Agency
2024-11-19 03:12:40 pm
Women in India getting more jobs, higher pay over last 6 years: Centre There has been an enhanced engagement of women in economic activity in India, accompanied by a declining unemployment rate and upward trend of educated women in the workforce over the last six years, according to data released by the Ministry of Statistics on Monday.  The Ministry’s figures also show a steady increase in the earnings of women across employment categories. Besides, there has been a sharp rise in female labour force participation in rural areas due to an increased...
Women in India getting more jobs, higher pay over last 6 years: Centre
Women in India getting more jobs, higher pay over last 6 years: Centre
Source: IANS
2024-11-19 10:41:46 am
India`s electronics sector set to create 12 million jobs amid skill hunting As India's electronics industry witnesses unprecedented growth, it is set to create 12 million (1.2 crore) jobs at a compound annual growth rate (CAGR) of 25-30 per cent, according to a report on Monday.   The projections indicate the creation of 12 million jobs, encompassing 3 million direct and 9 million indirect roles, according to a report by TeamLease Degree Apprenticeship.  However, a pressing deficit of 10 million trained professionals underscores the urgent need to...
India`s electronics sector set to create 12 million jobs amid skill hunting
India`s electronics sector set to create 12 million jobs amid skill hunting
Source: IANS
2024-11-18 06:19:38 pm
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads Apple supplier Foxconn has ordered the hiring agents that help recruit iPhone assembly workers in India to remove age, gender and marital criteria as well as the manufacturer's name in job advertisements, according to three people familiar with the matter and almost a dozen ads reviewed by Reuters. The moves follow a Reuters investigation published June 25, which found that Foxconn excluded married women from jobs at its main India iPhone assembly plant, though it relaxed the practice ...
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads
Exclusive-Foxconn tells India recruiters: Nix marital status in iPhone job ads
Source: Reuters
2024-11-18 10:21:37 am
India`s sports market to reach $130 billion by 2030, create 10.5 million jobs  India's sports market is poised to reach $130 billion by 2030 at a compound annual growth rate (CAGR) of 14 per cent, a Google and Deloitte report said on Thursday.  The report also projected the creation of up to 10.5 million jobs and $21 billion in indirect tax revenue by 2030. This growth -- nearly double the pace of India's GDP -- signifies a fundamental shift in how Indians consume and engage with sports, driven by increasing government investments, a rising tren...
India`s sports market to reach $130 billion by 2030, create 10.5 million jobs
India`s sports market to reach $130 billion by 2030, create 10.5 million jobs
Source: IANS
2024-11-15 09:38:54 am
India likely to add 33.9 mn jobs to its workforce by 2028 in AI era With AI-driven transformation, India is projected to increase its workforce from 423.73 million in 2023 to 457.62 million by 2028, a net gain of 33.89 million workers, according to a report on Wednesday.  Emerging technology will transform talent across India’s key growth sectors, generating 2.73 million new tech jobs by 2028, according to new research by AI platform for business transformation, ServiceNow. The research, commissioned from the world’s leading learning co...
India likely to add 33.9 mn jobs to its workforce by 2028 in AI era
India likely to add 33.9 mn jobs to its workforce by 2028 in AI era
Source: IANS
2024-11-13 10:59:16 am
Leveraging China Plus One Strategy can significantly boost India`s manufacturing sector, create millions of jobs The China+1 Strategy can significantly boost India’s manufacturing sector and help create millions of jobs – one of the key goals of the government. The PLI schemes can attract over $520 bn in investment, generate more than 6mn jobs by 2025. India’s strategic location, improved infra, streamlined laws has strengthened its position in the global supply chains. A regulation is required to boost export opportunities for Indian firms, says a study by Niveshaay – a smallcas...
Leveraging China Plus One Strategy can significantly boost India`s manufacturing sector, create millions of jobs
Leveraging China Plus One Strategy can significantly boost India`s manufacturing sector, create millions of jobs
Source: PR Agency
2024-11-12 05:43:29 pm
Report shows how India`s semiconductor sector aims create 1 mn jobs by 2026 Even as India aims to become the semiconductor manufacturing hub, the industry is projected to generate a demand for one million jobs spanning across varied sectors by 2026, according to a report.   The demand includes categories, such as chip semiconductor fabrication which aims to create 300,000 jobs, while ATMP (Assembly, Testing, Marking, and Packaging) is expected to create around 200,000 roles. In addition, chip design, software development, system circuits, and manufacturing...
Report shows how India`s semiconductor sector aims create 1 mn jobs by 2026
Report shows how India`s semiconductor sector aims create 1 mn jobs by 2026
Source: IANS
2024-11-12 10:43:41 am
White-collar hiring in India up 10 pc in October, freshers` jobs up 6 pc  The white-collar hiring activity in India saw robust growth in October with a significant 10 per cent increase (year-on-year), with sectors like oil and gas, pharma/biotech, FMCG and IT emerging as primary drivers of this positive trend, according to a report on Monday.  Artificial intelligence/machine learning (AI/ML) roles showed exceptional growth at 39 per cent year-on-year and 2 per cent month-on-month, according to data by The Naukri JobSpeak Index. ML engineer roles sa...
White-collar hiring in India up 10 pc in October, freshers` jobs up 6 pc
White-collar hiring in India up 10 pc in October, freshers` jobs up 6 pc
Source: IANS
2024-11-04 02:13:50 pm
Export orders fuel India`s manufacturing growth, jobs in October: HSBC India’s manufacturing sector growth accelerated in October, fuelled by faster increases in total new orders and international sales, leading to the creation of more jobs during the month, according to the HSBC data released on Monday.  The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) compiled by S&P Global, rose from September's eight-month low of 56.5 to 57.5 in October, indicating a substantial and accelerated improvement in o...
Export orders fuel India`s manufacturing growth, jobs in October: HSBC
Export orders fuel India`s manufacturing growth, jobs in October: HSBC
Source: IANS
2024-11-04 02:11:32 pm
Dollar calm as investors eye US jobs report, election The dollar steadied against major peers on Friday, as investors awaited the U.S. jobs report to confirm economic resiliency heading into the Federal Reserve's monetary policy meeting and a close-call U.S. presidential election next week. The yen held onto Thursday's gains as investors continued to digest a less dovish message from the Bank of Japan in the previous session. The U.S. dollar started the month off at a lower level after coming under pressure against the yen and on T...
Dollar calm as investors eye US jobs report, election
Dollar calm as investors eye US jobs report, election
Source: Reuters
2024-11-01 09:09:53 am
US dollar rally pauses before jobs data, Aussie droops on RBA outlook The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy. The Australian dollar edged closer to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut is unlikely this year. Mixed U.S. indicators overnight, showing a loosening U.S. jobs market but a confident consumer, provided little clarity on the outlook for Federal Reserve easing, allow...
US dollar rally pauses before jobs data, Aussie droops on RBA outlook
US dollar rally pauses before jobs data, Aussie droops on RBA outlook
Source: Reuters
2024-10-30 08:54:12 am
Broadband sector to drive telecom industry growth, create new jobs The rising demand for high-speed internet and data-driven services will boost growth in the broadband market, which is expected to witness a 9-10 per cent Compound Annual Growth Rate (CAGR) over the next few years, according to a report on Tuesday.  The report by TeamLease Services, a people supply chain company, showed that the penetration of wired broadband in India currently stands at around 13 per cent. This figure is expected to accelerate as service providers prioritise broadban...
Broadband sector to drive telecom industry growth, create new jobs
Broadband sector to drive telecom industry growth, create new jobs
Source: IANS
2024-10-29 05:21:34 pm
Asian stocks mixed, dollar drifts before megacap earnings, jobs data Asian stocks were mixed in volatile trading on Tuesday as investors girded for three days of tech megacap earnings reports on Wall Street, kicking off with Google parent Alphabet later in the day. The dollar drifted not far from a three-month high with one of the Federal Reserve's preferred employment gauges - the JOLTS job openings report - due on Tuesday, ahead of highly anticipated monthly non-farm payrolls data on Friday. U.S. Treasury yields eased from three-month peaks. The ye...
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Asian stocks mixed, dollar drifts before megacap earnings, jobs data
Source: Reuters
2024-10-29 09:15:48 am
India's economic growth to stay strong, but job creation fails to spark joy India's economy will grow at a solid pace this fiscal year and next, according to a Reuters poll of economists, but they cautioned that key drivers such as job creation and household spending will only increase mildly over the next 12 months. While Asia's third-largest economy clocked 8.2% growth last fiscal year - the most among major economies - fueled by years of government spending, it failed to create enough well paying jobs for millions entering the workforce every year. W...
India's economic growth to stay strong, but job creation fails to spark joy
India's economic growth to stay strong, but job creation fails to spark joy
Source: Reuters
2024-10-28 05:28:49 pm
Job postings up 20 pc in India festive season, demand surges in tier 2 and 3 cities  More than 2.16 lakh job postings were reported in this festive season in the country -- a 20 per cent increase compared to 1.8 lakh job postings last year, according to a report on Sunday.  The festive season saw a significant rise in hiring across key sectors like logistics, e-commerce, retail and hospitality. Additionally, the rapid expansion of the quick commerce industry contributed to this hiring momentum, said apna.co, a leading jobs and professional networking platform. ...
Job postings up 20 pc in India festive season, demand surges in tier 2 and 3 cities
Job postings up 20 pc in India festive season, demand surges in tier 2 and 3 cities
Source: IANS
2024-10-28 09:40:38 am
India`s focus on expanding manufacturing sector key to create more formal, quality jobs India will need more formal and quality jobs to ensure better income distribution as it becomes a $5 trillion economy in the medium term and advances toward its long-term goal of embodying Viksit Bharat or a fully developed nation by 2047, according to a new report.  The government’s focus on expanding the manufacturing sector is critical, as transitioning workers into this sector increases the likelihood of securing formal employment, given that 51.4 per cent of manufacturing j...
India`s focus on expanding manufacturing sector key to create more formal, quality jobs
India`s focus on expanding manufacturing sector key to create more formal, quality jobs
Source: IANS
2024-10-27 04:15:04 pm