Job

Government launches SWADES to tap skill set of out-of-job Indians returning from abroad

NEW DELHI: The Centre has launched a skill-mapping exercise of the citizens returning to the country under the Vande Bharat Mission. Called SWADES (Skilled Workers Arrival Database for Employment Support), the joint initiative by the ministries of skill development & entrepreneurship, civil aviation and external affairs aims to create a database of qualified citizens so as to tap their skill ... Read More »

Job Loss: How NBFCs lend money to first-time borrowers with no credit record?

NBFCs are actively working out for technology-based solutions to disburse small ticket size loans to people having no credit history. With the economic activities coming to a standstill during the nationwide lockdown imposed to contain the spread of highly contagious Novel Coronavirus COVID-19, many people, especially those working with unorganised sectors, have lost their jobs. During this moment of crisis, ... Read More »

‘I lost my job, escaped accidents, but made it back’

The return of Brij Kishore Ahirwar, 45, and his family to his home district Jhansi in Uttar Pradesh from Haryana’s Bahadurgarh town was punctuated by hardship, loss of savings, accidents and other trials and tribulations. Nevertheless, they made it back in the shadow of the Covid-19 pandemic. It was six years ago that Brij Kishore left his home village Gichauli ... Read More »

Job losses for 20.5 million Americans herald more pain to come

The U.S. unemployment rate in April could hit 15% — a number not seen since the end of the Great Depression. (AP Photo) It took just one month for the labor market in the world’s largest economy to capsize. It will take longer for the damage to be fully realized. In the harshest downturn for American workers in history, employers ... Read More »

TCS says will honour all new job offers, including to 40,000 new graduates

Shares of Tata Consultancy Services Ltd rose as much as 7.9% on Friday as investors shrugged off the software service firm’s warning on coronavirus risks to focus on sales wins and its promise to push ahead with hiring this year. Mumbai-based TCS saw consolidated revenue for the fourth quarter grow 5.1 percent to ₹39,946 crore. The company, which reported fourth ... Read More »

Wages under rural job scheme MGNREGS could be raised

Any upward revision of wages will mean more money in the hands of farmers and could help the government improve slack rural demand that has pulled down overall economic growth. (Reuters image) The rural development ministry proposes to increase daily wages for the poor under the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) by between Rs13 and Rs32 for ... Read More »

LinkedIn makes all job interviews virtual due to coronavirus

LinkedIn is informing job candidates that they have the option to conduct their interviews virtually or delay it until an unspecified date in the future out of caution for the ongoing novel coronavirus outbreak, according to an email sent to one applicant from LinkedIn’s staffing team. “In light of the recent coronavirus outbreak and with everyone’s health being LinkedIn’s #1 ... Read More »

With a job fair for the LGBTQI community, corporate India takes a small step towards inclusivity

India Inc appears to have come out of the closet. On February 22, New Delhi hosted a job fair meant exclusively for members of the LGBTQI community. Called RISE, short for Reimagining Inclusion for Social Equity, it was a day filled with panel discussions about diversity and inclusion, masterclasses, movie screenings, and jobs. Over 1,000 applicants attended the fair that ... Read More »

Holding on to a job after age 50 isn’t always easy

You have 15 or fewer years until retirement, you have a sound retirement financial plan that is adequately funded, and you’re counting down the years. And then, out of the blue, you’re let go. Your retirement financial plan becomes suddenly irrelevant, since it had assumed several more years of peak earnings, along with commensurately larger contributions to your 401(k). Your ... Read More »

Infra development through PPP to spur growth, create job; Projects worth Rs 27,514 cr in FY20 till date

NEW DELHI: Infrastructure development through pubic-private partnership spurs economic growth besides crating jobs and a related committee has approved projects worth Rs 27,514 crore this fiscal till date, a budget document said. It also said that government’s push towards infrastructure projects is expected to boost capital expenditure by 1.9 per cent of GDP by 2022-23. Finance Minister Nirmala Sitharaman had tabled the Union Budget ... Read More »