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longer work hours: Should 12-hour workdays be the norm as suggested by Narayana Murthy? Teamlease's co-founder answers

“We are already talking about being the fifth largest, but India is 142nd worldwide in terms of per capita income. Nothing can be a bigger tragedy than that. So even if you become the largest GDP, if you are not changing the per capita income, you have done nothing in terms of improving productivity.”

Germany , India , Kozhikode , Kerala , Japan , Lucknow , Uttar-pradesh , Narayana-murthy , Rituparna-chakraborty , Offering-college , Indian-school-of-business , Leadership-excellence

10% fewer fresh formal jobs created in April-August

While the country's unemployment rate is falling, the quality of employment seems to have taken a hit.

The pace of formalisation slowed in the five months of the current financial year (April-August) with more than half a million fewer formal jobs created in the period compared to the same period last year, according to data from the Employees' Provident Fund Organisation (EPFO).

The payroll data showed that cumulatively 4.92 million new subscribers joined the social security organisation between April-August this year, compared to 5.51 million subscribers in the same period in the previous year, reflecting a 10.7 per cent decline in the number of new payrolls created.

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EPFO Data: With 13.3% Dip in New Monthly Subscribers, Formal Job Creation Slowed in August

EPFO Data: With 13.3% Dip in New Monthly Subscribers, Formal Job Creation Slowed in August
thewire.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thewire.in Daily Mail and Mail on Sunday newspapers.

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Formal job creation in India slows in July (Business Standard)

The latest payroll data from the Employees’ Provident Fund Organisation (EPFO, India’s social security organisation) indicates a slight dip in the creation of new formal jobs in July, signalling stagnation in the labour market. New monthly subscribers to the employees’ provident fund (EPF, India’s retirement benefits programme) declined by 1.2% to 1.02 million in July, compared to 1.03 million in June

India , Rituparna-chakraborty , Employee-provident-fund-organisation , Teamlease-services , Daily-newsview-all , Business-standard , Staffing , Ecruitment , Obs , Mployment ,

Event management cos, hotels tap temp staff for G20 events

Major hotel chains have also relocated their staff from other sites and hired trained executives for the event

Delhi , India , Taj-mahal , Uttar-pradesh , New-delhi , Saudi-arabia , Lohit-bhatia , Neha-garg , Rituparna-chakraborty , Joe-biden , Teamlease-services , Leela-palace-hotel-at-chanakyapuri

Accelerating Tech Skill Development: India's Path to Stay Ahead in the Race

With 142.86 crore population, India is the world's most populous country, and with an average age of 28, it also has one of the world’s youngest populations. India will have the world’s largest and youngest workforce by 2030, which will play a huge role in the country’s economy. Get more India News and Business News on Zee Business.

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Bullish on India | Why India will be the AI talent hub of the world

According to Nasscom’s State of Data Science and AI Skills report, India has16 percent of the world’s AI talent pool and one of the largest annual STEM supply lines, with 2.25 million graduates.

Bombay , Maharashtra , India , Germany , Canada , China , Kirti-seth , Alankar , Abhishek-singh , Rohit-srivastava , Kapil-joshi , Rituparna-chakraborty

India's private lenders grab brisk business at the cost of soaring attrition | Hellenic Shipping News Worldwide

India's private lenders grab brisk business at the cost of soaring attrition | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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India's private lenders grab brisk business at the cost of soaring attrition

India's private lenders are contending with soaring attrition amid strong demand for loans and the rush to capture a larger share of the crowded market. ...

India , Mumbai , Maharashtra , Rituparna-chakraborty , Ira-dugal , Prashant-kumar , Shanti-ekambaram , Siddhi-nayak , Teamlease-chakraborty , Amitabh-chaudhry , Dhanya-ann-thoppil , Reuters

India's private lenders grab brisk business at the cost of soaring attrition | Business News

HDFC Bank, India's largest private lender, saw its employee turnover rate over the last year rise to 34%, while Axis Bank was at nearly 35%. Kotak Mahindra Bank's attrition surged to about 50%, with smaller peer Yes Bank in toe at 43%.

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