WASHINGTON: Virtually declaring a war against free trade in a bid to win battleground states in the US Presidential election, MAGA supremo Donald Trump on Wednesday threatened to take “other countries’ jobs,” besides stopping American businesses from leaving US shores.“Did you ever hear that expression before? Have you ever heard that we’re going to take…
NEW DELHI: In a bid to create plug-and-play infrastructure for industry to set up factories, the cabinet committee on economic affairs Wednesday cleared 12 new industrial cities with an investment of Rs 28,600 crore, with the largest one, spread over 6,000 acre, to come up near Dighi port in poll-bound Maharashtra. At least three of…
IMF’s first deputy managing director Gita Gopinath, who is in India, spoke to TOI on a range of issues from the global crisis to AI and the need to create jobs. Excerpts: How do you see wars and crises affecting the world and India? In the last few years, we have seen a big rise…
Representative image Union Minister of Commerce & Industry Piyush Goyal stated that the leather and footwear industry of the country has the potential to raise employment in the sector from the current 40 lakh to 1 crore. The minister stated it while inaugurating the 8th India International Footwear Fair in Delhi on Thursday. He highlighted…
CHENNAI: India Cements vice chairman and managing director N Srinivasan has assured employees that the takeover by UltraTech Cement will not impact their career. He told them their future is in safe hands and that they need not feel threatened.“The change (from India Cements to UltraTech) does not mean a change in your career. I…
MUMBAI: The digital decade has triggered a major shift in jobs in the financial sector. With most clerical work being automated, middle and lower-end jobs are disappearing. The ratio of officers to support staff has changed from 50:50 in FY11 to 74:26 in FY23 (see graphic), indicating lower opportunities for middle-tier jobs. AI is seen…
The best clue to the politics of this Budget? The acronym emblazoned on the backdrop of Nirmala Sitharaman‘s post-Budget presser. First letters of ten different ‘priorities’ made up that acronym – EMPLOYMENT.Fresh from an where BJP lost its single party majority in part because many voters were unhappy with the lack of decent paying jobs,…
India needs to generate 78.5 lakh jobs a year on average until 2030 in the non-farm sector to cater to the rising workforce, Economic Survey estimated, urging the private sector to contribute. The Indian economy needs to generate an average of nearly 78.5 lakh jobs annually until 2030 in the non-farm sector to cater to…
New Delhi: Khadi and Village Industries‘ annual turnover crossed Rs 1.5 lakh crore for the first time in FY 2023-24 with over 10 lakh new jobs generated during the fiscal, its Chairman Manoj Kumar said on Tuesday. According to provisional figures for 2023-24 released by KVIC, a 315 per cent increase in production and a…
Narendra Modi, PM India MUMBAI: India‘s Surat diamond bourse will create 150,000 new jobs and become a “one-stop shop” for artisans and businessmen, Prime Minister Narendra Modi said as he inaugurated the new bourse in Gujarat. Surat, in Gujarat state, where Modi originally hails from, cuts and polishes 90% of world’s rough diamonds and the…
