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3 mins read
Congress criticises SBI's decision to convert SIIL debt into equity, urges RBI intervention
The State Bank of India (SBI), being SIIL’s largest lender, found itself at the centre of this fina…
1 min read
Profit of public sector banks expected to decline by 0.6 percent QoQ : Motilala Oswal
As the earnings season for the second quarter of FY25 unfolds, public sector banks (PSBs) are expec…
ANI
2 mins read
Significant decline in job growth in FY24, IT and Textile sector labelled 'job destroyers', notes recent BoB report
India Inc. saw a significant slowdown in employment growth, with an increase of just 1.5% in FY24, …
ANI
1 min read
Under strain from war, Russia plans a massive layoff in its public sector: report
Russia is expected to lay off at least 40,000 government officials by July, according to a report b…
Hannah Abraham
2 mins read
India needs to create 148 million additional jobs by 2030 given population growth, says IMF DMD Gopinath
Given the scale of what is needed, it is going to require basic reforms including land reforms and …
PTI
2 mins read
Job creation, redefining skills most pressing issue globally amid rapid tech changes: FM Nirmala Sitharaman
Sitharaman highlighted the need for urgent action and a comprehensive analysis to address these iss…
ANI
1 min read
Small businesses generated 35 million job applications till Aug 2024, 14 million were from women: Report
Notably, over 55 per cent of total job applications for SMB roles came from tier-2 and tier-3 citie…
3 mins read
Loan-to-deposit ratio will subside on its own in coming months, notes Motilal Oswal report
As of 9th August, 2024 the Indian banking sector's loan-to-deposit (LD) ratio stood at 77.2 %, whic…
4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
4 mins read
Around 55% of the Indian economy continues to grow positively, says HSBC Global Research
The Indian economy is experiencing moderate growth with 55% of indicators positive, according to an…
2 mins read
SEBI places JSW Cement's Rs 4,000-cr IPO on hold for now
The proposed issue involves a new issue of equity shares worth Rs 2,000 crore and an offer-for-sale…
PTI
2 mins read
Economic Survey highlights public sector investment's role in driving infra growth; Underlines need for private sector to step up
Finance Minister Nirmala Sitharaman on Monday tabled the Economic Survey 2023-2024 in the Lok Sabha…
3 mins read
Russia's defense sector is running on overdrive — but firms are warning of bankruptcy
Russia has almost tripled defense spending for the Ukraine war, but rising inflation and interest r…
Thibault Spirlet
2 mins read
Garment sector facing uncertainty due to Bangladesh crisis, normalcy may return soon: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman acknowledged uncertainties in India's garment sector prompted b…
PTI
3 mins read
Economic Survey 2023-2024 highlights emerging job trends in AI, Cybersecurity, 3D Printing and Web Development
While Artificial Intelligence promises to revolutionise industries, it also poses a threat to some …
2 mins read
Nifty and Sensex continue downward trend, selling continues despite Trump's victory
Indian stock markets opened flat with a marginal dip on Thursday after Donald Trump's victory, whil…
5 mins read
A tech leader at Accenture shares how AI and cloud tools in the public sector can evolve with regulation: 'It's still the Wild West'
Tom Greiner shares how cloud tech and generative AI in the public sector are developing alongside d…
Matthew S. Smith
2 mins read
Tyson's finance chief is out of the job. The Tyson heir got the gig at 32, making him the youngest Fortune 500 CFO.
John Randal Tyson, an heir of founder John W. Tyson, will not return to his executive role at Tyson…
Shubhangi Goel
1 min read
E-commerce, BFSI and hospitality sectors driving Indian job market in 2024: Report
E-commerce, BFSI (banking, financial services, and insurance), and hospitality sectors witnessed an…
PTI
3 mins read
A public sector 4-day workweek trial had practically no drawbacks, researchers found
A British council trialed the four-day week, and found that outcomes in 22 of 24 criteria either im…