During their good old days, the tech startups were in a neck and neck race to acquire clients, extend their operations to multiple cities and therefore, they hired plethora of young talent. To attract this talent and guard them against the high-risk involved in startups, the high salary packages were used as a way to get them onboard.
When money is transacted from one person or an organization to the other using plastic money then it is recorded. Hence when income is received by the person or organization, then that income amount is always recorded. Every time the person or the organization receives any amount of money, it is recorded and so the total income of the person or the organization is known to the income tax office. And the tax that is required to be paid by the person or organization is also calculated and so he or she cannot escape from paying the tax and hence in this manner plastic money creates a pressure on the person or the organization for the prevention of tax evasion.View full post
Indian spiritual leaders like Nityanand, Asa Ram Bapu are very much in limelight these days. In fact both media and masses have given them adequate coverage and worldwide publicity. Their cult of devotees includes politicians, scientists and business men. But lately they have been involved in fatal scandals although their aura remained unharmed owing to the spiritual prejudice of IndiansView full post
The impact of such weak rupee is that it affects not only every sector but also Individuals in the country. Everything becomes costly, since our economy runs on oil so increase in oil prices raises price of every necessary thing, started from travelling to food items to, steel prices, everything that runs on oil. Inflation will reach another height and so is cost of living.
Travelling abroad becomes very costly which includes travelling expense, hotel expense, etc can hike up by 15%. Students studying abroad for higher education are also affected as they have to pay more course fees, travelling, accommodation, etc. Imported electronic items and services also become expensive.View full post
Bank jobs both government and private, are the most attractive jobs for any eligible candidate in India. These jobs come with great pay, amazing perks and added benefits. With the growth of banking sector, the prospects and opportunities have increased commendably in the last few years, thereby presenting itself as an even more alluring career option.View full post
Contract hiring in India is still at an embryonic stage yet the trend is catching up with more and more start-ups emerging annually. The start-ups are generally on the hunt for senior professionals who can be hired on part-time basis and are hence affordable.View full post
The total number of schools in Delhi is around 5,500. And if we look at the fees figures, we are bound to get shocked. Most of the nursery schools in Delhi charge more than IIT. If we look at the present fee structure in IITs, it is around 50,000 per annum. In addition to this, hostelites are also required to pay an extra 20,000 for food, accommodation and other facilities. On the other hand, reputed nursery schools in Delhi charge over 75,000 per annum as admission fees alone. The annual fees is a whopping 1,70,000 and besides all this, there are extra charges which amount to another 50,000 for transport and other facilities.View full post
In the early 1990s, every bank in India was supposed to maintain Statutory Liquidity Ratio, i.e. a particular amount of their deposits were to be in the form of government bonds. They were also to submit a balance sheet with full details by the end of the day showing the capital that has been invested …View full post
Forensic science is a segment of medical science that deals in application of scientific principles for criminal investigations. Using various techniques of forensic science, professionals reveal major clues that help to resolve critical criminal offenses. The forensic scientist’s job is to analyze the clues hidden in the corpses, dead tissues, clothes and other elements using modern technology and track the criminals’ identity to facilitate investigation processView full post
Often people wait 5 to 20 years to get their cases settled through normal legal course. Another eminent instance of Indian judicial failure is the Bhopal Gas Disaster Judgment. After more than 20 years past the fatal incident, finally Indian judiciary was able to find a decision. But the cornerstone of this case which is the ‘principle of absolute liability’ has been diluted in the decision.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
In this stream, the career path to frame exclusively depends upon the students input and the amount of hard work he/she has put in. A student if willing can graph his/her career predominantly and escalate it to new levels. The most common streams that are hit are bachelor’s degrees in Economics, Political Science, Social Work and Journalism. Also many diploma courses are also streamlined like Travel & Tourism, Hotel Management, Air Hostess & Host, Interior Designing, Event Management and Teachers Training. These courses are easy to pursue and are result driven. Many other high end courses are also there like Pilot Training, NDA and special languages. If a student is inclined in embassy jobs or travelling then learning different foreign languages are German, Spanish, French and Japanese.
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.
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”.