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reskilling and upskilling can reduce unemployment and help employees easily adapt to the evolving demands of the modern work environment, a report said on Saturday.The report by HR solutions provider Genius Consultants revealed that 86 per cent of employees interviewed feel reskilling and upskilling can help in reducing unemployment, however, 8 per cent disagreed saying that it will not have much effect on the current scenario. With the rapid advancement of technology and its integration into various work processes, 88 per cent of employees consider reskilling and upskilling is crucial for professional growth, it added. The report is based on an online survey among 1,148 employees from June 14 to July 25, across sectors including banking and finance, construction and engineering, education, FMCG, hospitality, HR solutions, IT, ITES and BPO, logistics, manufacturing, media among others. The report further revealed that 77 per cent of employees interviewed believed that online courses play a crucial role in facilitating skill development for individuals, whereas 17 per cent hold a contrary opinion. This is indeed an important factor to be considered as in today's date, there are multiple portals and websites that provide multiple courses for skill enhancement, the report stated. But, only 39 per cent of respondents are of the opinion that online reskilling certifications are holding the same value as traditional institutional degrees. However, 49 per cent do not share this belief, indicating room for further awareness about the significance of online certifications, said the report. Many organisations still don't accept online certifications as valid, which is a viewpoint that might need to be changed since we are moving

Chandrayaan-3 on the moon will be known as 'Shiv Shakti', Prime Minister Narendra Modi announced at the Indian Space Research Organisation (ISRO) Telemetry Tracking and Command Network (ISTRAC) in Bengaluru on Saturday. India, on August 23, had successfully landed its third lunar mission, the Chandrayaan-3, 70 degrees to the south pole of the moon. August 23, will now be celebrated as National Space Day to celebrate the spirit of science, technology and innovation. The area on the moon where Chandrayaan-2 left its footprints will now be called 'Tiranga'. «This tricolor point will be the inspiration for every effort of India, this tricolor point will teach us that no failure is final,» the PM said.

Candace Johnson on Saturday said there is an expectation from Chandrayaan-3 Pragyan rover to show if there is ice on the south pole of the Moon. Speaking at the B20 Summit India organised by CII, Johnson said India's space mission is not just inspiring its own youth but also the youth worldwide. «Rover has now started to literally take the first steps.

Dwit A. Nandu, a Class 4 student at St. Francis D'Assisi High School, marked his 10th birthday on August 24th.

Brightcom Group Ltd, as well as at the residences of Chairman and Managing Director M. Suresh Reddy and Chief Financial Officer S.L.N Raju in Hyderabad. The searches were conducted as part of the investigation conducted by the Securities and Exchange Board of India (Sebi) regarding impairment of assets worth Rs 868 crore by the company through its international subsidiaries. The inquiry by the ED revealed that Brightcom Group violated provisions of Foreign Exchange Management Act (FEMA). “It was revealed that Brightcom itself financed the preferential issues by round-tripping funds through subsidiaries and conduit entities; that Brightcom falsely claimed to have received full payment for preferential shares/warrants by providing ‘forged and fabricated bank statements’ to SEBI,” the ED said. Further, more than Rs 300 crore advanced as loans to subsidiaries were partly siphoned off or remained unaccounted. The ED also conducted searches at the residence of the company’s statutory auditors P.

Delhi airport operator DIAL on Saturday said it has received requests from airlines for cancellation of 80 departing and as many arriving domestic flights during three days from September 8 in connection with the G20 Summit. The Delhi International Airport Ltd (DIAL), a consortium led by the GMR Group, also stressed that the airport is fully equipped with ample parking space for aircraft during the summit period. «We take immense pride in India's role as the host of the G20 Summit 2023.

Praggnanandhaa along with three other quarter-finalists, will undergo a four-day tactical camp here from August 30.

Narendra Modi will distribute more than 51,000 appointment letters to the newly inducted recruits on August 28, an official statement said on Saturday. Border Security Force said that Union Minister Hardeep Singh Puri will distribute appointment letters on August 28 in Punjab. Taking to X, BSF Punjab Frontier said, «Empowerment through jobs. The 8th tranche of appointment letters distribution is set for 28/08/2023 at 45 Rozgar Mela, including BSF Punjab, Jalandhar, in the presence of Hardeep Singh Puri, GOI.

petroleum products made from Russian crude oil in India finding way to the European market, saying it defies the purpose of the sanctions against Moscow that are aimed at reducing its ability to finance the war with Ukraine. The European Union's Executive Vice-President and Commissioner for Trade, Valdis Dombrovskis, said oil products processed from Russian crude oil are arriving at the European market in «large quantities» and the grouping is looking at ways to deal with it. In an interaction with a small group of journalists, the EU Vice President, currently on a visit to India, accused Russia of using its energy supplies, and food as «tools» of «war and manipulation» to continue its attack on Ukraine. On the issue of food, Dombrovskis cited Russia withdrawing from the Black Sea grain initiative and blocking Ukraine's export of food grain to the world market. Since Russia's invasion of Ukraine in February last year, the Western powers have imposed a series of sanctions on Moscow including a price cap on Russian oil by G7-plus nations, in order to reduce its ability to finance the war on Ukraine.

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OpenAI's AI chatbot ChatGPT 3.5 provided inappropriate («non-concordant») recommendations for cancer treatment, highlighting the need for awareness of the technology's limitations, a new study has shown. The researchers prompted the AI chatbot to provide treatment advice that aligned with guidelines established by the National Comprehensive Cancer Network (NCCN), according to the study published in the journal JAMA Oncology. «ChatGPT responses can sound a lot like a human and can be quite convincing. But, when it comes to clinical decision-making, there are so many subtleties for every patient's unique situation.

EPC major Larsen & Toubro, refining and marketing major Indian Oil Corporation and renewable energy player Renew have formed an equal joint venture to set up their green hydrogen business. The joint venture company is called GH4India Private Limited where the companies will hold 33.33% each, L&T said in a regulatory filing. The companies had last April signed a binding term sheet for the formation of a joint venture company to develop the nascent green hydrogen sector in India. «The joint venture is formed for the purpose of development of green hydrogen and its derivatives (including green ammonia, methanol, etc) production assets and associated renewable assets through any model of ownership and operatorship,'' L & T said in a regulatory filing. Authorised capital of the company is Rs 3 crore (30,00,000 equity shares of Rs 10 each). For countries like India, with its ever-increasing oil and gas import bill, green hydrogen can also help provide crucial energy security by reducing the overall dependence on imported fossil fuels. While nearly all hydrogen produced in India today is grey, it is estimated that demand for hydrogen will be 12 MMT by 2030 and around 40% of the element produced in the country (around 5 MMT) will be green, as per the draft National Hydrogen Mission guidelines. By 2050, nearly 80% of India’s hydrogen is projected to be ‘green’ – produced by renewable electricity and electrolysis. Green hydrogen may become the most competitive route for hydrogen production by around 2030.

visa of choice among Indians seeking to work and live in the United States, a series of events unfolding over the last year have quickly changed those norms. From October 2020 to September 2021, the Indian workforce secured an impressive 74% of the over 407,000 H-1B visas issued. But according to the Wall Street Journal, many have been impacted by large-scale tech layoffs because roughly one-quarter of all foreign-born employees are in STEM fields of technology and science. Due to its non-immigrant, short-term visa designation, the H-1B visa program requires immigrants to find a new U.S.

In some of these cases, highly qualified people are choosing freelancing/gig as a way of working. They do it as they see several advantages like flexibility, possibility of greater income, and work-life balance.

Covering a range of essential factors, from size and capacity to energy efficiency and features, this guide empowers you to make an informed decision.

Bhutan is taking steps to rejuvenate its tourism sector, which continues to grapple with the aftermath of COVID-19 restrictions. In a bid to boost the industry, the Himalayan kingdom has decided to reduce the daily fee charged to tourists by half, seeking to attract visitors and bolster an economy that heavily relies on this sector. Notably, Bhutan introduced a «Sustainable Development Fee» of $200 per visitor per night after the conclusion of two years of COVID-related restrictions in September the previous year.

small and medium enterprises (MSMEs) constitute 20% of all MSMEs yet receive only 5% of the total financing provided by public-sector banks. According to the experts, women in India are often less digitized and receive less training to build their businesses. However, when properly supported, women entrepreneurs are more likely to hire women, more likely to repay credit and more likely to share increased income with their families and communities, serving as core drivers of inclusive economic growth.

Chandrayaan-3 mission, the Indian Space Research Organization (ISRO) is now gearing up for the launch of a solar mission called ‘Aditya-L1’ to study the Sun on September 2. It will be the first dedicated Indian space mission for observations of the Sun to be launched by ISRO. This big project marks the country's mission that could revolutionize the understanding of the Sun's dynamics and space weather.

CBDT) launched a revamped national website of the Income Tax Department on August 26, 2023. This new website can be accessed at incometaxindia.gov.in. The revamped website has a user-friendly interface and several new features. In a press release on August 26, 2023, the CBDT said that the «revamped website has been aesthetically redesigned with a mobile responsive layout.» The website also has a ‘Mega Menu’ for content, with new features, and functionalities,” CBDT added. «The new functionalities, allow users to compare different Acts, Sections, Rules, and Tax treaties,» said CBDT. «All relevant content on the site is now tagged with income tax sections for easy navigation. Further, dynamic due date alert functionality provides reverse countdowns, tooltips, and links to relevant portals to help taxpayers comply easily,» it added.

Sunil Subramaniam, MD & CEO, Sundaram Mutual. Edited excerpts:ET Now: Can you provide your perspective on the current market situation and whether you think the bearish grip will continue?Sunil Subramaniam: I believe the recent market volatility is driven more by the anticipation of the upcoming Fed meeting and the potential for one or two interest rate hikes. The market seems uncertain about this prospect.

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