Career Financial News

Softening demand for talent and “unevenness and uncertainty” in the professional services market have driven below-inflation pay increases for Deloitte staff in the 2023-24 financial year.

Early career professionals often have a confusion: should they go down the path of a job or go in for specialised higher education. After graduation, some individuals immediately enter the job market and experience real-life work situations, whereas others apply for a higher degree to enhance their knowledge in a specific field. Some work for one or two years after graduation to first assess the industry dynamics and then get back to school to master an area of expertise. Which is the right path for you — diving straight into the job sector, pursuing higher education first or working for a while before going in for higher studies? Gaurav Yadav, Deputy Director (Admissions), Manipal Academy of Higher Education (MAHE), Bengaluru Campus, says early career professionals have to make these choices, and graduate students have to decide if they should go for campus placements or apply for off-campus jobs, instead of pursuing higher studies. Graduates must acquire hands-on experience to reexamine their interests and ardour in their chosen careers, he says. Elaborating on students’ preferences at MAHE, Yadav says a substantial share of candidates actively engages in placements and off-campus job applications. On the other hand, those focused on research and academic advances prefer to continue their education through higher studies.

Anmol Garg. True enough, for his choice of specialisation, Garg may well be regarded — to use an oft-cited startup lingo – as one of the ‘category creators’ in this emerging brand of corporate comedy. Better known as ‘Corporate Babaji’, a moniker he has earned thanks to his corporate wisdom, the stand-up comic has created several viral reels on corporate life, including ‘LinkedIn Job Search’; ‘Startup Scam’ (all learning, no earning); ‘Company Loyalty’, among others. A software engineer by training and the former founder of a sales training and consulting company called Sales5X, Garg has earned a following for his sharp wit and humour on relatable topics such as office politics, full and final settlements, senior managers taking credit for other’s work, and so on.

Joe Biden’s administration has moved to free five American citizens who were detained in Iran by issuing a waiver for the international banks to transfer $6 billion in frozen Iranian money, from South Korea to Qatar without the fear of American sanctions. Moreover, as part of the Iran-US prisoner exchange deal, the Biden administration has agreed to release five Iranian citizens who were held in the US. According to The Associated Press, the US Secretary of State Antony Blnken signed off on the sanctions waivers late last week after US and Iranian officials said that the agreement was in place in principle.

China's foreign influence operations, it would represent a sensational case of infiltration. A 28-year-old British man who worked as a researcher deep inside Britain's Parliament was arrested in March on suspicion of working for the Chinese government. The man, who denies being a spy, worked with prominent lawmakers on China policy, raising fears of possible security breaches and widening a rift within the governing Conservative Party over how London should engage with an increasingly assertive Beijing. «The Chinese are infiltrating across the board; they go for anything and everything,» said Steve Tsang, director of the SOAS China Institute in London.

Thailand’s new Prime Minister Srettha Thavisin has vowed to act quickly to relieve the country’s economic problems in his inaugural speech to Parliament

Behold the allegedly aging Novak Djokovic, a U.S. Open champion again, creeping past what’s supposed to be his tennis-playing prime—whatever prime means in Djokovic’s outrageous, unprecedented career. Evidence of his mortality exists, I swear.

international cricket. Kohli came to bat after Shubman Gill and Rohit Sharma took India off to a flying start.

In the rapidly evolving landscape of talent acquisition, a fascinating synergy has emerged at the intersection of human resources technology (HRtech) and advanced chatbot tools. In our exploration of this innovative union, we delve into seven key questions, each shedding light on how this amalgamation is reshaping the hiring process. From harnessing AI precision to enhance efficiency and engagement to navigating potential pitfalls, we dissect the intricacies of this transformative partnership.

It all started about six decades ago when the Unit Trust of India launched the Unit Scheme-1964 scheme or US 64 as it was popularly known. UTI held sway over the mutual funds market for nearly 25 years thereafter before the space was thrown open to other state-owned players. But even after the private sector was allowed entry it took until May, 2014 for the average assets under management (AAUM) to hit the Rs 10-trillion mark. That had probably less to do with the chequered career of US 64 than the low levels of awareness of the stock market. However, over the last decade the value of assets has soared, crossing Rs 46 trillion in July; in the last three years, the industry clocked in a compounded annual growth rate of nearly 20%. Now, given how fast folios are being added and how the stock market is booming, the Rs 50 trillion mark seems just round the corner.

Scotland is set to introduce pilot schemes that will let select civil servants to transition to a four-day workweek. The pilot programs are slated for various government departments and agencies and are aimed at exploring the feasibility and benefits of a reduced workweek. This initiative, outlined in the 2023-24 Programme for Government (PfG), details the government's plans for the upcoming year and aims to evaluate the potential benefits of reduced working hours. The pilot program's main objective, as stated in the document, is to assess the well-being, environmental impact, and productivity gains that could be achieved through the adoption of a four-day workweek in the public sector. The pilot is expected to run for approximately one year and may involve arm's-length bodies rather than ministerial departments. Certain government enterprise agencies, responsible for fostering economic development in Scottish regions, have expressed interest in participating in the trial. The United Kingdom conducted its largest-ever trial of the four-day workweek just last year. Nearly 3,000 employees across 61 organizations embraced a shorter workweek for six months. The majority of employers opted to retain the four-day workweek model when the experiment concluded. They attributed this decision to increased revenues, reduced staff turnover, and mitigated worker burnout as the key drivers of their choice.

study abroad continues to be an exciting choice for students eager to broaden their horizons and enhance their career prospects. Yet, for lack of information or proper guidance, many of these students remain unaware of the expansive opportunities that preparation for a single examination can unveil – the GRE General Trest can indeed open doors to overseas education spanning numerous disciplines. The GRE test is a comprehensive and multi-faceted examination that not only caters to students pursuing law, courses in STEM and other professional courses, but also courses in business and management. Starting September 22, 2023, the GRE test will undergo several modifications. Among other changes, the test will notably see a reduction in the exam duration, making it a test of less than 2 hours total. This change makes the GRE the shortest exam for graduate, business, and law school admissions. Additionally, the official results of the GRE test will be available to test takers even faster than before, just 8-10 days post-examination. Each section of the modernized GRE test has also undergone change. The number of questions in the Quantitative and Verbal Reasoning sections have been reduced from 40 to 27 and the unscored sections of the test will also be phased out as of September 22. Further, the «Analyse an Argument» task in the Analytical Writing section has been eliminated and from now on the test will contain only one Analytical Writing essay, “Analyse an Issue.”

New Delhi: Actor Rajinikanth has announced a new film to be produced by Sun Pictures and directed by Lokesh Kanagaraj. The actor’s latest Tamil film Jailer, also produced by Sun, has crossed the Rs. 500 crore mark worldwide.

David Aaker, hailed as the "Father of Modern Branding," stands as an iconic figure in the realm of branding and marketing strategy. With a career marked by groundbreaking contributions and a relentless pursuit of excellence, he has reshaped the branding landscape and left an enduring legacy. Today, we delve into the remarkable journey of this branding luminary and the exceptional opportunity he extends through the «Future of Marketing & Branding Masterclass.»

Matty Lock, the charismatic TV presenter, and Labour councillor, has left a lasting impact on the world of UK politics and television. His sudden passing has elicited an outpouring of tributes and condolences from all corners.

Alok Kumar, Senior Director of Manpower, a subsidiary of ManpowerGroup, says, “In a fast-paced, dynamic world of work, competencies required for the job mapped against the skill set possessed by the manager will help accelerate growth. But at the same time, when it comes to team management and decision making, which managers are required to do, experience plays a crucial role.” A clear focus on leadership development and succession planning by organisations is key to not losing out on the best of both worlds.

Mel Tucker, and an advocate against sexual violence in sports, Brenda Tracy, who had previously joined forces to combat the culture of sexual violence, now find themselves embroiled in a scandal. Tucker, the head football coach at Michigan State University and one of the highest-paid coaches in the world of sports, stands accused by Tracy, a rape survivor who has dedicated her life to educating athletes about sexual violence, as reported by USA Today.

AP Skill Development Corruption Case: Sridhar Vembu, CEO of Zoho Corporation has extended his support for Chandrababu Naidu who was arrested in an alleged ₹371 crore scam in the AP Skill Development Corporation during 2014-2019. In a post on X (formerly Twitter), Vembu wrote, “I was shocked to read that Shri Chandrababu Naidu-ji was arrested yesterday. I know him and he worked so hard to bring so many companies, including Zoho, to Andhra Pradesh.

By Abhinav Mital

Gauff, the third American teenager to win the US Open after Tracy Austin and Serena Williams, thanked all those who doubted her talent. "Honestly thank you to the people who didn't believe in me," she joked. “To those who thought they were putting water on my fire, they were putting gas on my fire and I'm burning so bright right now." This win has come as a remarkable turnaround for Gauff, who was left distraught after a first round exit at Wimbledon in July.

Coco Gauff set aside a so-so start and surged to her first Grand Slam title at age 19, coming back to defeat Aryna Sabalenka 2-6, 6-3, 6-2 in the US Open final on Saturday to the delight of a raucous crowd that was loud from start to finish.