Tag: sector

In Bengal, education sector scams have replaced paper leaks

In West Bengal the teachers' recruitment irregularities scam involving crores of rupees has gained such negative popularity that it has overshadowed the fact that though not on a massive scale but incidents of paper leaks had been part of the examination scams.

February 27, 2023

Covid dealt a severe blow to B’desh’s hospitality sector: Report

The Bangladesh Institute of Development Studies (BIDS), a leading think-tank, conducted the survey with hundreds of hotels, resorts, travel agencies, tour operators, restaurants and their employees across the eight administrative divisional cities r.

April 11, 2022

US private sector cuts 301,000 jobs in January

"The labour market recovery took a step back at the start of 2022 due to the effect of the Omicron variant and its significant, though likely temporary, impact to job growth," Xinhua news agency quoted Nela Richardson, chief economist at ADP, as saying on Wednesday.

February 3, 2022

Industries across sectors lauds Union budget presented by Sitharaman

Vivek Lohia, Director, Jupiter Wagons & Chairman, National Council for Railways, ASSOCHAM, opined, "GatiShakti was the limelight of this year’s Union Budget, and rightly so, as it’s one of the integral pillars of growth for India. With strong government intervention along with private investments, the railway industry will largely benefit from this plan. We can expect the cargo handling capacity of railways to increase to 1600 MT by the year 2024-25, which will also accelerate the construction of two dedicated freight corridors.”

February 1, 2022

Agriculture sector registers an upward trend, reveals survey

The share of the agriculture and allied sector in total Gross Value Addition (GVA) of the economy has settled at around 18 per cent in the long term. “In the year 2021-22 it is 18.8 per cent and in the year 2020-21 it was 20.2 per cent,” the survey stated.

January 31, 2022

Israel launches $70.8 mn programme to boost hi-tech in Arab sector

The programme includes the setup of entrepreneurship centers, technological accelerators to advance new ideas, angel clubs to recruit investors, and a technological incubator to promote Arab entrepreneurship.

January 27, 2022

Power unit REC secure 100 marks among all Public Sector Units

The Union Power Ministry claimed that the ‘Navratna’ PSU has been got the highest score of 100 for the financial 2021(FY21) for the targets and milestones set by the Department of Public Enterprises, Ministry of Finance under the rigorous and aspirational ‘Memorandum of Understanding (MoU)’ framework prescribed for the Central Public Sector Enterprises (CPSEs).

January 25, 2022

US private sector adds 807,000 jobs in December

Service sector saw a job gain of 669,000 in December, with 246,000 jobs added in leisure and hospitality, according to the report produced by the ADP Research Institute in collaboration with Moody's Analytics.

January 6, 2022

Government receives no complaint from the Food and Agro Processing sector

The Minister informed the house that credit outstanding has come down from Rs 129425 crore in March 2019 to Rs 123672 crore in September 2021, the Minister said. He said in the year 2020 outstanding credit was Rs 125211 crore and Rs 198083 crore in March 2021.

December 14, 2021

India’s food processing sector touches Rs 2.24 lakh crores

The Food Processing sector has grown at a compounded growth rate of 10.8 % from 2014-15 to 2019-20, the Minister said in a written reply to a question in Rajya Sabha.

December 10, 2021

Indian cos believe revival of MSME sector can boost rural employment

They include those in sectors such as banking and finance, construction and engineering, education/ teaching/ training, FMCG, hospitality.

September 17, 2021

US private sector adds only 374,000 jobs in Aug

Large firms and medium-sized businesses hired about 138,000 and 149,000 workers, respectively, while small companies added some 86,000 employees, the ADP report showed

September 2, 2021

Despite pandemic, India’s fintech matched 2020 growth in 6 months

At the global level, fintech investment reached $98 billion across 2,456 deals in H1'21 - far outpacing last year's annual total of $121.5 billion across 3,520 deals.

August 11, 2021

Telecommunications sector to generate 30 lakh jobs by 2018: Study

Roll-out of 4G technology with an increase in data, entry of new players in the market, introduction of digital wallets and the popularity of smartphones leading to consistent increase in demand for technology are likely to increase job opportunities in the telecom sector by 30 lakh by 2018, a study said here on Thursday. Emerging...

August 17, 2017