ILO Says 83% Unemployed Indians Are Youths; Govt Objects
Trak.in » Business
by Mohul Ghosh
10h ago
India has lodged a formal objection with the International Labour Organization (ILO) regarding its recent report on employment. The objections revolve around inconsistencies in data sets and the alleged misinterpretation of data concerning youth employment, international mobility, and gig economy workers. Challenging Data Consistency The Labour and Employment Ministry has raised concerns about the discrepancy between the Employment-Unemployment Survey (EUS) and the Periodic Labour Force Survey (PLFS), arguing that the sampling methods differ significantly. The EUS, conducted until 2011-12, wa ..read more
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Indian Student In Canada & Free Food Controversy: Here’s The Actual Truth!
Trak.in » Business
by Mohul Ghosh
12h ago
In the digital age, misinformation can spread rapidly, often with damaging consequences. The recent experience of Mehul Prajapati, an Indian student studying in Canada, highlights the dangers of false narratives and online backlash. The Innocent Video That Sparked a Storm Prajapati, a 26-year-old student pursuing his Master’s degree, shared a video on Instagram detailing how students at his university could access free groceries through a legitimate program. However, the video was misinterpreted when shared on other social media platforms, leading to false accusations and threats against Praj ..read more
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Indian IT Industry Is Reviving: Contractual IT Jobs Increase By 22%
Trak.in » Business
by Sheetal Bhalerao
12h ago
After the lack of demand, layoffs, the clouds of uncertainty had started withering as the news of increase in contractual hiring came indicating improvements in the demand landscape for IT service providers. Good Times Are On The Way For Indian It Sector It’s out in the open that India’s IT sector has witnessed, in fact over all industry has witnessed a slow down in recent times. But, now this positive change comes in which there is a resurgence in contractual hiring.  Hence, signaling a potential upturn in demand for IT services, as per the information provided by the staffing and recru ..read more
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BJP Is 1st Ever Political Party To Spend Rs 100 Crore On Google Ads
Trak.in » Business
by Mohul Ghosh
12h ago
The Bharatiya Janata Party (BJP) has set a significant milestone in Indian politics by becoming the first party to spend over Rs 100 crore on political advertisements on Google and YouTube. The Reserve Bank of India’s crackdown on digital spending reflects a paradigm shift in political campaigning, raising questions about transparency and influence. BJP’s Digital Dominance With an expenditure exceeding Rs 101 crore, the BJP’s digital campaigns have surpassed those of prominent rivals like Congress, Dravida Munnetra Kazhagam (DMK), and Indian Political Action Committee (IPAC) since May 2018. G ..read more
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What Will Happen To Kotak Mahindra Customers After RBI Ban On Credit Card Expansion?
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by Mohul Ghosh
2d ago
The Reserve Bank of India (RBI) has imposed restrictions on Kotak Mahindra Bank, halting the onboarding of new customers through online and mobile channels and issuing fresh credit cards due to serious deficiencies and non-compliances. While existing customers remain unaffected, the regulatory crackdown will likely hinder the bank’s customer acquisition targets and growth prospects in the short term. Impact on Existing Customers: Existing customers of Kotak Mahindra Bank can continue to use their credit cards and conduct transactions online and offline without any disruption. The RBI’s restri ..read more
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How To Apply For Voter ID Card Online: Documents Needed, How To Track Application?
Trak.in » Business
by Rohit Kulkarni
2d ago
With the massive general elections is just around the corner for India and the world’s largest democracy prepares for this unparalleled democratic activity which shall be conducted in seven phases from 19 April 2024 to 1 June 2024 for 543 members of the 18th Lok Sabha. Voters have been asked to exercise their fundamental right in order to elect the representative of 1.44 billion. To exercise this fundamental right, one needs to have a Voter ID, which is aka EPIC (Election Photo Identity Card). Issued by Election Commission of India (ECI), Voter ID is a photo identity card which is given to al ..read more
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Indian Railways Offers Rs 20 Meal For General Passengers Across 100 Stations
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by Sheetal Bhalerao
2d ago
Thanks to the latest initiative by the Indian Railways now  passengers traveling in unreserved compartments will also have the access to hygienic meals and snacks that too at w reasonable prices, as mentioned in an official report, quoted by media. Presently, these meal counters are arranged at over 100 stations having nearly 150 counters across the Indian Railways network. In the future, they plan for further expansion.  Prior to this implementation , the meal counters had already been operated successfully on a pilot basis at around 51 stations, said the Indian Railway Officials ..read more
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This Maggi Competitor With Rs 800 Crore Revenues Will Launch IPO In India!
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by Rohit Kulkarni
3d ago
Binod Chaudhary, the Nepalese billionaire known for making his fortune selling instant noodles, is seeking to list his conglomerate Chaudhary Group’s India food unit by 2026.  CG India Gearing Up for IPO Amidst Food Industry Boom Known for its Wai Wai brand of noodles that rivals market leader Maggi from Nestle Ltd. and ITC Ltd.’s Yippee, this Gurgaon-based firm is planning to go for a sizeable listing over the course of next 2 years after rolling out new products and acquiring smaller firms in the noodle-related industry. With an annual revenue of 8 billion rupees ($96.2 million), the c ..read more
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India’s Population Is Now More Than China At 144 Crore (UN Report)
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by Rohit Kulkarni
3d ago
As per a recent report by United Nations Population Fund (UNFPA), the population of India has reached 1.44 billion. Out of these, 24% fall in the category of 0-14 years age group. A Glimpse into ‘Interwoven Lives, Threads of Hope’ Report Title as “Interwoven Lives, Threads of Hope: Ending Inequalities in Sexual and Reproductive Health and Rights” report also projected that the nation’s population will double in 77 years. With a population of 1.4417 billion, India overtook China, which is currently at 1.425 billion. Notably, India’s population was 1.21 billion in last census of 2011. Moving o ..read more
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TCS Offering Rs 9 Lakh Salary In IIT; And Freshers Are Accepting
Trak.in » Business
by Rohit Kulkarni
3d ago
As compared to the general stellar placement seasons in India’s most prestigious engineering college, IITs, this season has seen a lacklustre response. Challenges in Campus Placements As per a report, there have been companies offering annual packages below ₹10 lakh this year as companies continue to scale back on hiring altogether. Companies that previously hired at least 5-6 people, are now only picking up 1 or 2 candidates. As per a source privy to the placement scenario, “The scenario now is that many students are taking up jobs offering the bare minimum threshold salary of ₹6 lakh a year ..read more
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