Prime Minister Narendra Modi on Tuesday announced the plans of mass recruitment in the central government as well as its various agencies, departments, and ministries.
The mega-recruitment drive poses many challenges
The job market continued to show growth for the second consecutive month of FY23 with a benchmark year-on-year recovery of 9 per cent in May, according to the Monster Employment Index (MEI).
The overall movement from the previous year has been positive, with several industries showing progress in growing headcount, the report noted
India has an unemployment, quality of jobs and quality of income challenge, data show. Unemployment in India stood at 8.1% in February 2022, per Centre for Monitoring Indian Economy (CMIE) data
The Lateral and Final Placements for the PGP and PGPBA Class of 2020-22 of the Indian Institute of Management Bangalore (IIMB) saw 662 offers, leading to all 513 students who appeared for placements being placed. Harsh Agrawal, Placement Representative, said: "Overall, there has been a 37 per cent increase in the number of offers YoY, driven primarily by Consulting and Product Management roles. Strategy Consulting continued to be the most sought-after role among the students, followed by Product Management and Finance. Consulting companies made 248 offers led by Accenture with 51 offers, followed by Boston Consulting Group with 30 offers, an IIMB statement said on Wednesday. Top recruiters included Kearney (27), Bain & Company (26) and McKinsey & Company (22). Prominent recruiters in the Information Technology and Product Management domain, who made 141 offers, are Microsoft (15) and OYO (11). The 65 offers made in the E-commerce space included Amazon (37) and Paytm ...
India's unemployment rate hit a four-month high in December, data from the Centre for Monitoring Indian Economy (CMIE) showed
The country's unemployment rate was 9.17% in June, says CMIE
Hiring activities rose marginally with job listings rising to 2,436 in March compared to February this year, according to a report.
Rahul Gandhi took a dig at the Centre over the reported vacancies at top educational institutions, saying the educated youth is facing severe joblessness and the government is "penalising" them
Pharma, tech and consumer products to see highest sectoral increases
India's Finance Minister Nirmala Sitharaman has described her upcoming budget as unlike anything seen in the last 100 years
Job cuts and salary adjustments have not been as widespread as originally apprehended despite the severe impact on the revenue of companies in the aftermath of Covid-19 pandemic, a study has revealed.
Metro Shipping, which moves goods for some of Britain's largest retailers and automotive companies, has taken on 17 extra staff in Chennai, India in recent weeks to handle Brexit-related work
From Indians boycotting Chinese goods this Diwali to the Centre's aim of creating 5-6 million formal sector jobs, Business Standard brings you the top headlines of the day
Gig firms will have to submit contribution towards a fund through self-assessment by June 30 each year
After Diwali, the Yogi Adityanath government in Uttar Pradesh is preparing to launch 'Mission Rozgar' which will provide employment to the unemployed or those who have lost their jobs.
India's unemployment rate in October rose to 6.98% from 6.67% in September, according to data released by the Centre for Monitoring Indian Economy
Global rating and research houses, such as Fitch and Goldman Sachs, have cut their estimates for growth in India's GDP for the current fiscal 2020-21.
As of mid-June, job postings on Indeed India declined by 51 per cent than in 2019, the report stated