Category: Human Capital
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Understanding the Unified Pension Scheme (UPS): A Step Towards Financial Security
The Unified Pension Scheme (UPS) is a comprehensive initiative by the Indian government aimed at simplifying retirement planning for all working citizens. By integrating various existing pension schemes under one framework, UPS offers a streamlined approach to securing a stable income post-retirement. What is the Unified Pension Scheme? The UPS is designed to bring different…
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Exploring the Impact of AI on the Current Job Market and its Future Outlook
By: Sasheera Artificial Intelligence (AI) is said to be taking over millions of full-time jobs globally. AI has proven to increase productivity and enhance economic growth, yet it’s also said to replace jobs, resulting in inequality. There are so many AI content-generating systems at everyone’s disposal. While these tools may seem remarkable, they can never…
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Reliance cut nearly 42,000 jobs amidst broad industry layoffs
In a significant move that underscores the shifting dynamics of the global job market, Indian conglomerate Reliance Industries has announced a dramatic reduction in its workforce. The company, which operates across various sectors including petrochemicals, telecommunications, and retail, has cut more than 42,000 jobs in the last financial year. This substantial downsizing reflects broader trends…
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Alchemist re-launches Boutique Executive Search Wing, HAS
Alchemist Talent Solutions, a recruitment firm, announced the re-launch of its boutique Executive Search Company, this time in partnership with Rohit Adya, as a co-founder and director. Rohit’s extensive experience and strategic vision gathered over 4 decades In the Consumer Durables, Print Media, Television, Consulting, Telecom, Digital Services, Advisory & Board Roles in leading companies…
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