The GETI report also said 31 per cent of professionals and 29 per cent of hiring managers expect pay to remain the same, with 34 per cent of professionals expecting a pay rise of more than 5 per cent; 32 per cent of hiring managers also believe this will be the case. Companies across industries… Continue reading Turn OFF 2021: How energy sector plans to switch ON 2022
Author: Economic Times of India Online News
Inflationary pressure likely to pinch consumer pocket less in 2022 on economic recovery, better production
Analysts and experts feel that high inflation on an absolute basis is here to stay. Spiralling prices pinched the pocket of consumer as edible oil, fuel and many other commodities turned dearer this year amid pandemic-induced disruptions but the inflationary pressure is anticipated to ease, though marginally, in the coming months. As consumers, at retail… Continue reading Inflationary pressure likely to pinch consumer pocket less in 2022 on economic recovery, better production
80% cabs stopped plying during pandemic
“Around 8% to 10% of them have gone ahead and changed their commercial vehicles to private ones so that they can sell them at decent prices. The remaining drivers have decided to keep their vehicles at home and go in for some other profession,” Katti told TOI. PUNE: Close to 80% of the cabs operating… Continue reading 80% cabs stopped plying during pandemic
EV charging startup Charzer to set up 1,500 charging stations in apartment complexes
Charzer will install smart EV charging stations across 1,500 apartment complexes across India in the next two years. New Delhi: Bengaluru-based EV charging infrastructure startup, Charzer, on Monday said it has partnered with ADDA, a comprehensive society management system, to build charging infrastructure in apartment complexes. In two years, Charzer will install smart EV charging… Continue reading EV charging startup Charzer to set up 1,500 charging stations in apartment complexes
SaaS Tech: Building for India, winning the world
Indian entrepreneurs are fearless and have the courage and vision to capture global markets. The recent pandemic has changed the way in which we work. Organizations have been forced to rethink business models and how they serve customers. With the pandemic investments in technology have undergone a massive paradigm shift. Technology is no more an… Continue reading SaaS Tech: Building for India, winning the world
Rupee weakens 12 paise to 75.14 against US dollar
The partially convertible rupee opened at 75.14 per US dollar as against 75.02 at previous close. So far in the day, the domestic currency moved in a band of 75.1225-75.1625 against the greenback. After gaining 1.4% against the US dollar last week, the rupee started Monday’s session on a weak note as market participants squared… Continue reading Rupee weakens 12 paise to 75.14 against US dollar
Rising global Covid cases to impact capital flows, heighten inflation: Ind-Ra
The Reserve Bank of India New Delhi: Rising Covid cases globally have the potential to impact capital flows as well as heighten inflation, said India Ratings and Research (Ind-Ra). Accordingly, the agency cited that uncertainty related to a third Covid wave has already started showing signs in equity markets. It pointed out that foreign portfolio… Continue reading Rising global Covid cases to impact capital flows, heighten inflation: Ind-Ra
Host of changes in GST law to come into effect from Jan 1
While the passenger transport services provided by auto rickshaw drivers through offline/ manual mode would continue to be exempt, such services when provided through any e-commerce platform would become taxable effective January 1, 2022, at 5 per cent rate. The GST regime will see a host of tax rate and procedural changes coming into effect… Continue reading Host of changes in GST law to come into effect from Jan 1
Auto industry expects smooth ride, but Omicron could be a speed breaker
Auto industry is hopeful that the new variant of Omicron of Covid-19 will not play a major spoil sport. We are hopeful that once the semiconductor crisis eases out, the industry can continue to witness strong demand and do better in 2022. New Delhi: India’s automobile industry expects a continuation of healthy demand along with… Continue reading Auto industry expects smooth ride, but Omicron could be a speed breaker
Mahindra Electric plans to double production capacity, to add half a dozen models
M&M believes in the coming three to five years, electric vehicle penetration will touch 30% of the overall three-wheeler volumes. Playing catch-up in the personal electric mobility space, Mahindra Electric is aiming to march ahead in the last-mile mobility segment. Led by strong demand, the company is planning to double its production capacity and it… Continue reading Mahindra Electric plans to double production capacity, to add half a dozen models