High employee attrition of 25 per cent in private banks pose operational risk: RBI Report – Times of India

High employee attrition of 25 per cent in private banks pose operational risk: RBI Report – Times of India

[ad_1] NEW DELHI: Employee attrition in private sector banks has witnessed an increase to about 25 per cent and this high turnover rate poses significant operational risk, according to the latest Report on Trend and Progress of Banking in India 2023-24. Employee attrition rates are high across select private sector banks and small finance banks…

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Budget 2025-26: CII calls for cut in excise duty on fuel, consumption vouchers to stir demand – Times of India

Budget 2025-26: CII calls for cut in excise duty on fuel, consumption vouchers to stir demand – Times of India

[ad_1] NEW DELHI: Industry body CII in its budget suggestions for 2025-26 has recommended lowering the excise duty on fuel to boost consumption, especially at the lower income level, arguing that fuel prices significantly drive inflation. The budget could also consider reducing marginal tax rates for personal income up to Rs 20 lakh per annum….

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Foodgrain output set to scale new peak in 2025 as farm sector eyes 4% growth – Times of India

Foodgrain output set to scale new peak in 2025 as farm sector eyes 4% growth – Times of India

[ad_1] NEW DELHI: India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in pulses and oilseeds production as the country’s agricultural sector shows signs of robust recovery. The Agriculture Ministry’s initial projections paint an optimistic picture, with kharif (summer) foodgrain production estimated at a…

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Tata Group to create 5 lakh manufacturing jobs over next five years: N Chandrasekaran – Times of India

Tata Group to create 5 lakh manufacturing jobs over next five years: N Chandrasekaran – Times of India

[ad_1] NEW DELHI: Tata Group is planning to create over five lakh new manufacturing jobs over the next five years from its projects, stated Tata Sons Chairman N Chandrasekaran in his New Year message to the Group’s employees.“Our Group plans to create 500,000 manufacturing jobs over the next half decade.” Chandrasekaran said these jobs will…

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Reliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

Reliance acquires Karkinos Healthcare for Rs 375 crore – Times of India

[ad_1] NEW DELHI: Billionaire Mukesh Ambani‘s Reliance Industries has acquired technology-driven and oncology-focused healthcare platform Karkinos for Rs 375 crore, the firm said on Saturday. Reliance Strategic Business Ventures (RSBVL), a wholly-owned subsidiary of Mumbai-listed India’s most valuable company, completed the acquisition of Karkinos Healthcare Pvt Ltd with allotment of requisite shares, the firm said…

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India’s electronics sector eyes major growth, with 12 million jobs projected by 2027 – Times of India

India’s electronics sector eyes major growth, with 12 million jobs projected by 2027 – Times of India

[ad_1] NEW DELHI: India’s electronics industry is on the brink of a transformative phase as it targets USD 500 billion in manufacturing output by 2030, according to TeamLease report.Achieving this goal will require the sector to expand fivefold in the next five years, addressing a USD 400 billion production gap. Presently, the industry’s domestic production…

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Race for AI talent to go on, green energy executives to bring home top $ – Times of India

Race for AI talent to go on, green energy executives to bring home top $ – Times of India

[ad_1] Hybrid work models, a focus on mental health, advancements in DEI (diversity, equity, and inclusion), and AI integration in recruitment, performance, and engagement will shape the future of HR. As businesses adapt to these changes, hiring will increase, driven by the growth of GCCs (global capability centres) and KPOs (knowledge process outsourcing) in India,…

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