With the mergers and consolidation here comes risk of job loss as major purpose of these mergers is to reduce costs and curb losses. As most of the infrastructure is already setup the cost cutting will come mostly from job cuts. According to HR firms the cost of Salary and benefits for Telecom companies is upto 25% of total cost. With mergers this cost will definitely go low, as many layoffs possible since less no of people will be required to perform certain functions. Mid and lower level jobs such as BPO/customer care and support functions will have major impact.
Lack of transparency, lousy laws and corruption are not allowing poor people to get benefits of Welfare schemes in India
There were approximately 350 million people in India who live on less than $1 a day. According to World Bank people who earn less than $1 i.e. Rs 45 (approx.) per person are poor or below poverty line. Whereas according to Govt. of India this limit is Rs. 10 per day.Now how much is that justified? This means that people who earn Rs.11 per day will not get benefits of welfare schemes. Even then BPL (below poverty line) people are not getting the benefits of welfare scheme due to corrupt and lousy system.View full post
One of the greatest strengths of the Modi Government is that it is united under a leader that has an emphatic popular mandate. Also, since it is a trimmed cabinet, the chances of policy paralysis will be reduced. It will also make the decision making process faster. Another strength is that they have opted for merit as the criteria for selection over dynasty and coalition compulsions. As a leader, Modi’s biggest strength is that he is an economic pragmatist. He has shown great record of getting things accomplished. His Gujarat model of development and Vibrant Gujarat are the examples of the sameView full post
Ethical Hacking is basically a form of hacking that is used for good reasons. Ethical hackers work similar to any other hacker but with the purpose of spotting loopholes in the security system in order to create better systems to prevent breach. Owing to the growing need of ethical hackers, this field is now emerging as a promising career option. A lot of government organizations are recruiting ethical
Ethical Hacking Government Jobs and Career Scope in India – Chakreview.com
Ethical Hacking Government Jobs and Career Scope in India – Chakreview.com
hackers in their respective IT teams. According to a survey conducted all over India, the job opportunities for ethical hackers is expected to grow over 77 thousand. Let us have a look at the prospects of a government job for ethical hackers in India.View full post
Harassment encompasses all types of offensive behavior which is intended to upset or show disgrace to another individual. Any behavior of a person, a group of people, colleagues, neighbors and even the boss or supervisor are also included in harassment and these are all punishable offense. In India there are several strict bullying in the workplace laws and regulations levied by the legal system. These laws are supposed to address all types of workplace harassment including discrimination, sexual nuisance and psychological irritation caused by the employer.View full post
If you are looking forward to some information on how to save tax under different section of the Income Tax law, you have come to the right place. Enlisted and discussed below are some of the income tax deductions list that you may find helpful:
Under this section, deductions can be made in terms of different expenditures, investments and payments. The total deduction limit under the Section 80C is INR 1.5 Lacs. A few deductions that can be made to save tax as per this section include:
Life Insurance Premium(s) for self, spouse or child. It can also be for any member of the family in case of HUF.
Contribution to Employee’s Provident Fund Scheme, Recognized Provident Fund, Public Provident Fund for resident individual, Unit Linked Insurance Plan of LIC Mutual Fund and National Housing Scheme set deposit scheme/Pension fund.
Subscription to notified saving certificate and notified securities or deposit schemes.
Investment by resident individuals in Senior Citizens Savings Scheme 2005 for a 5 year period.
First thing is should there be reservation at all? To answer this we may say that for a developing country like India, instead of reservation we should spend on education and provide equal opportunities to weaker sections of society without compromising country’s development. And if you wan to give special preference to weaker section then this division should be based upon income and financial condition, that does make some sense. But providing reservation based upon caste seems to be illogical.View full post
In the present scenario there are countless career options available for a person to explore as per their respective preferences and interests. One such career is that of a Company Secretary. It is one of the most in-demand career option. The job requires great managerial and organizational skills. If you aspire to become a Company Secretary and are looking forward to some essential information on the same, here is some help. Discussed below are some important things about career as a Company Secretary in India.View full post
Article 370 challenges the secularism and sovereignty proposed by Indian Constitution. Though we say that we do not discriminate, the existence of Article 370 discriminates on the basis of community, section, etc.View full post
Land acquisition basically refers to the process of acquiring of land by the government for various infrastructure as well as economic related developments. In our country, acquiring of land has got some additional definitions, i.e, it involves the hands of political bigwigs, and hence there is lot of black money involved, thereby accelerating our nation in the corruption race. When a land is acquired by the government, it most of the times results in the displacement of a considerable chunk of the particular area’s population. The poor, who have been having their livelihood in an area, their houses, businesses etc. all have now to be shifted to some other place. The question here is, does the government help these displaced people after they have lost their trades? I guess, our government doesn’t even care to look back at them, let alone help!View full post
One of the most flourishing and rapidly expanding field is that of media and mass communication. There are so many new, creative and attractive careers emerging from this industry. One such career is that of a News or a TV Anchor. If you desire to become a News or TV Anchor and wish to acquire …View full post
80% of fresh graduates from engineering colleges in India are unemployable, says the Aspiring Minds National Employability Report, which based its study on over 1,50,000 engineering graduates from 650 colleges . As per the As per the report, Delhi chunks out maximum number of engineers who are fit for employment in the industry, followed closely …
Indians are now ready to take risks as they have become more responsive to the varied options available. The investors’ risk appetite has been constantly increasing. The most preferred route that investors are taking is that of Mutual Funds through SIP (Systematic Investment Plans). Consequently, equity mutual funds are getting very high inflows at present. Slowly and gradually, investors are becoming more and more conscious of the fact that bank fixed deposits and saving accounts give them only moderate returns as compared to other alternatives which are capable of churning better returns.
As per the report of Freelancer.com, there are about 38% Indians of all the global users on its site. Around 1.2 million of more than 3 million users on this platform are Indians. There is another globally recognized online job portal oDesk which brings together independent contractors in sync. with the projects being posted by various companies and organizations across the globe. Also, the number of freelancers has increased manifold during the past decade, as a result, the freelance market has grown tremendously. Hence, those finding it difficult to find a good job of their choice are diverting their skills to the freelance job market and earning big bucks.
The Gaming Industry in India is witnessing a sharp growth, given the fact that the country has one of the world’s largest youth population. Presently, the Indian Gaming Sector is prized at USD 890 million, with an expected annual growth rate of 14.3%. The share of Mobile Gaming is the maximum with 71% share. The cause of this growth is attributed to increasing younger and modern population, greater expendable incomes, influx of new gaming varieties and the boosting number of smart phone and tablet users.
The animation industry is slowly graduating to the Indian market from its earlier influence in the West. India is among the top Asian countries which has true creative talent and skills related to the animation sector. Given the ancient and mythological background of India, scope for full-length animation movies is immense in this sector.
According to the World Tourism and Tourism Council (WTTC) survey, by 2019, India will position itself as the 2nd largest employer in the world in this sector alone. Around 50 lakh employees are expected to be hired either directly or through indirect recruitment procedure.
Sales professionals hiring saw a growth rate of 15%, where as HR(Human Resource) professionals recorded hiring growth rate of 18%. IT professionals saw growth rate of 21%
As per the report published by Naukri.com, hiring trend has grown at the rate of 18% taken as a whole, during the financial period 2015-2016. This inspiring growth has been achieved due to the viability factor in the hiring process during the above given period, especially in the IT-Software and Insurance sector. There was an increased demand for professionals in the top sectors which led to the aforesaid positive progress. The given data proves that Indian job scenario is going through an optimistic growth phase which is here to stay and opportune times are ahead for the jobseekers.
The top recruiters in this sector include; ICICI Bank, HDFC Bank, AXIS Bank, IndusInd Bank, Kotak Mahindra, YES Bank, ING, Standard Chartered, RBS, Deutsche Bank amongst others.
The IT Sector in the country is likely to remain stable till 2020 if the analysis of World Economic Forum is taken into consideration. Although demand for traditional IT professionals is on a decline, attractive employment trends are expected for the upcoming and emerging fields of Data Analytics and Cloud Computing. Though, globally around 5.1 million jobs are on the verge of being lost during the period 2015-20, the demand for new trends in IT like mobile internet etc. would remain stable for the same period. This kind of stability is expected because of the increased demand of the digital technologies in today’s times. It is reported that in India, the traditional IT jobs will decline at the rate of 0.38% annually during 2015-2020, whereas growth in the mobility segment is expected at 1.15% during the same 5 year period. As per the report, “Strong employment growth in the computer and mathematical jobs family, covering both traditional IT work and disruptive digital technology, will be driven by trends beyond technology”.
OVERVIEW The Indian Job Market has been under continuous scanner not only by the Indian leaders but also it is being reviewed all over the world. As Indian economy is growing at a fast pace, the ‘Rest of the World’ is taking keen interest in exploring opportunities here. Many companies have opened their branches in …
Highest paying Jobs – Management professionals, IT professionals, SAP Consultants, Charted Accountants, Lawyers,Medical professionals etc.To be precise the topnotch jobs and the money paid is dependent on the organization and the necessity of the individual