Supreme Court ruling: SC diktat on past dues of mines will adversely impact job creation, lead to NPAs: Chakri Lokapriya

Supreme Court ruling: SC diktat on past dues of mines will adversely impact job creation, lead to NPAs: Chakri Lokapriya

Chakri Lokapriya, Managing Partner, RSB LLP, says the current Supreme Court ruling on mines, allowing states to collect past dues will mean an outgo of about Rs 60,000 crore for just the PSUs and another Rs 1 lakh crore for the private companies. So, Rs 1,60,000 crore will need to be repaid over the next … Read more

India’s private sector activity in May sees 3rd strongest increase since 2010; job creation at 18-year high: Report

India’s private sector activity in May sees 3rd strongest increase since 2010; job creation at 18-year high: Report

India’s private sector activity experienced a significant surge in May, marking the third strongest increase since July 2010, according to preliminary results from a private survey released on Thursday. The survey also revealed the most substantial rise in employment in nearly 18 years.According to an ET report, the HSBC Flash India Composite Output Index climbed … Read more

Investments, incentives, open source content for Generative AI can boost job creations: Experts

Investments, incentives, open source content for Generative AI can boost job creations: Experts

NEW DELHI: Major investments in generative AI (artificial intelligence), incentives from the government and open-source content can boost employment generation and reduce disparities in the country, say experts. Generative artificial intelligence refers to the use of new-age technology to create new content like text, images, music, audio, and videos. “Generative AI will boost new job … Read more

Job Creation: Job creation single most important pressure point: Former RBI governor Rajan

Job Creation: Job creation single most important pressure point: Former RBI governor Rajan

NEW DELHI: Indian economy, dubbed as the fastest growing major economy in the world, is faced with the single most important pressure point of job creation, says former RBI governor Raghuram G Ranjan as he makes a strong case for improvement of human capital through skill development.Talking about the book ‘Breaking the mould: Reimagining India’s … Read more