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LABOR INTENSIVE SECTORS
Everyone talks about layoffs; few talk about the survivors: 25-year tech veteran lifts the lid on a silent struggle inside Big TechA former Big Tech software engineer with 25 years of experience has gone viral after sharing how surviving mass layoffs pushed him into sev...- CEOs are getting ruthless about worker performanceCorporate leaders are increasingly prioritizing results over employee comfort, with CEOs like Unilever's Fernando Fernandez demanding "volu...
- The $138 bn buffer: India’s most visible export can rescue the rupeeIndia is considering a policy push to accelerate overseas deployment of skilled workers as part of a broader strategy to support the rupee ...
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...
- Gen Z conspiracy: China thinks the West is pushing its youth to quitIn a cultural shift, many young Chinese individuals are opting for 'lying flat'—a lifestyle choice that rejects pressures of constant work ...
- TEXMiN joins NITI Aayog discussion on future of India’s mining sectorTEXMiN highlighted the shift to intelligent, data-driven systems and addressed India's diverse technological landscape.
- US Stocks: Pizza chains Papa John's and Pizza Hut edge closer to finding new owners, sources sayTwo of America's most popular national pizza chains are edging closer to selling to new owners as stiff competition, rising commodity costs...
- Piyush Goyal’s two-day visit to EU to give decisive push to conclude FTACommerce and Industry Minister Piyush Goyal will visit Brussels from January 8-9 to meet EU Commissioner Maroš Šefčovič, aiming to expedite...
- India’s macros show resilience: Rahul Bajoria sees green shoots amid tariff fearsDespite global uncertainty, India's economy shows resilience. Rahul Bajoria notes strong domestic indicators like good monsoons and improve...
- Agriculture, manufacturing, services push & climate action key to growth, says CII presidentCII President Sanjiv Puri asserts that India's economy possesses strong foundations and is poised for a resilient recovery, even amidst pot...
- Miles to go to catch up with China: NITI Aayog VC Suman BeryNITI Aayog vice chairman Suman Bery emphasized India’s need to attract MSMEs from other countries to compete with China and become a fully ...
- Trump's reciprocal tariff may impact India if imposed on sectors: Trade expertsThe impact of the U.S.' proposed reciprocal tariffs on India depends on implementation details. Sector-specific tariffs on Indian labor-int...
- Budget 2024: Time for Modi 3.0 to focus on rural India and jobsBudget 2024 Expectations: India's budget may targets rural economy, job creation, and a 5.1% fiscal deficit. Focus includes labor-intensive...
- 'Unemployment is not a problem': Arvind Panagariya's prescription to FM Nirmala Sitharaman ahead of BudgetArvind Panagariya believes India's job challenge lies in reallocating capital to labor-intensive sectors rather than creating jobs. He emph...
- India, UK launch FTA talks, sensitive issues not a priority: Piyush GoyalCommerce and industry minister Piyush Goyal and Anne-Marie Trevelyan, UK Secretary of State for International Trade launched the trade pact...
- Digital platform Bandhoo raises $1.1 million from UnitusThe startup is based out of Gurugram and Bengaluru.
- China says it can help Narendra Modi meet his biggest pre-poll challengeA state media outlet says it won't be good news for China if jobs become the Achilles' heel that Modi fears.
- Labour intensive sectors continue to feel constrained by regulations: NITI Aayog survey“Labor regulations are a bigger constraint for labor intensive firms. We find that labor intensive sectors, that create proportionately mor...
- Economic Survey 2015: India's growth depends on both 'Make in India' and 'Skilling India'The Economic Survey identifies four factors for non development of manufacturing as an engine of economic growth.
- IMF urges India to reform labour lawsStressing that India is not only growing rapidly but has also taken steps to improve its infrastructure, the International Monetary Fund (I...
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