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By 2030, AI will replace millions of human jobs, but a study finds that these four positions are most sensitive.
The rapid development of generative AI (gen AI) technologies is confirmed by the McKinsey Global Survey on the state of AI today.
A quarter of those who participated in our poll report that their companies use gen AI on a regular basis for at least one business function, less than a year following the launch of many of these tools.
According to McKinsey, Because of the advancements in generative AI, 40% of respondents said their firms will boost their overall investment in AI.
It conclude that the anticipated impact of artificial intelligence (AI) on business is substantial, and participants anticipate notable adjustments to their labor forces.
They expect significant reskilling efforts to accommodate changing talent needs and staff reductions in specific areas.
These ten positions, according to our research, could be replaced by AI.
1. Tech jobs (Coders, computer programmers, software engineers, data analysts)
2. Media jobs (advertising, content creation, technical writing, journalism)
3. Legal industry jobs (paralegals, legal assistants)
4. Market research analysts
5. Teachers - Concerned about kids using ChatGPT to cheat on their assignments, educators throughout.
6. Finance jobs (Financial analysts, personal financial advisors)
7. Traders
8. Graphic designers
9. Accountants
10. Customer service agents
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By 2030, AI will replace millions of human jobs, but a study finds that these four positions are most sensitive.
The rapid development of generative AI (gen AI) technologies is confirmed by the McKinsey Global Survey on the state of AI today.
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Gulf Employment Outlook for 2024
Posted on: 28/01/2024
The Middle East, and particularly the Gulf region, is not unduly plagued by worries about inflation and uncertain economic growth, in contrast to so many other regions of the world. Actually, the region's economies are flourishing.
The Gulf area is still a thriving center for both employers and job searchers. The employment market was noticeably active in 2023 as companies looked for expertise in a variety of industries.
The study by YI Consultancy explores the complex needs and preferences of businesses, providing insight into the dynamics of employment in the Gulf.
The research claims that the building and real estate industries in the United Arab Emirates led the way.
This increase is consistent with the region's continuous building boom. The internet, telecom, and IT sectors came in second and third, respectively.
Employers showed a high preference for engineers and salespeople, indicating a need for technical know-how and talent in customer-facing positions.
Additionally, entry-level professionals were noticeably preferred in the nation's labor market.
Not too long after, there was a significant need for senior-level knowledge. This dual focus highlights the need for employers to pursue both experienced workers and up-and-coming talent in a balanced manner.
Furthermore, the survey indicated that the most sought-after positions in 2023 were those of Sales, Project Managers, and corporate Analysts, indicating the nation's strong need for workers who can foster innovation and corporate expansion.
Additionally, employers stated that they looked for professionals skilled in business development to spearhead strategic growth efforts, stressed the importance of exceptional customer service skills, and gave preference to applicants with project management experience for strategic execution.
The EVP and Business Head of Naukrigulf.com, Sharad Sindhwani, made the following comment:
"The statistics for 2023 tells a fascinating story about the Gulf labor market. As we saw, companies in the UAE are actively looking for people with business development and customer service expertise—skills necessary to succeed in a fast-paced business environment. With the UAE still growing, our forecast for 2024 shows a persistent need for skilled labor, highlighting the region's adaptability and dedication to innovation in the labor market."
This year, certain patterns in the labor markets of the Gulf countries were apparent.
The oil, gas, chemical, and energy industries led Saudi Arabia's employment trend, with a particular need for engineers.
In a similar vein, Qatar demonstrated a reliance on energy, a rise in tech employment, and a need for positions in sales and business development.
The oil, gas, chemical, and energy sectors were clearly significant players in Oman as well.
Aside from this industry, Kuwait also demonstrated a focus on healthcare hiring, especially for roles at the senior level.
On the other hand, hiring in the real estate and construction industries was part of Bahrain's broad job market.
The distinct economic environments and priorities that influence the employment situations in each Gulf nation are reflected in these observations.
According to Amy Bassindale, senior business manager for Hays in the Gulf region, "all signs point to further growth in the Gulf region's economy, which is in strong shape." Governments are pursuing their long-term objectives and the economy is continuing to evolve despite the turmoil in the world economy. This is supported by data from the Hays GCC wage guide 2024, which shows that 67% of Gulf firms intend to increase staffing levels this year.
In 2024, will salaries rise?
This year's wage hikes for UAE workers are expected to be favorable, with specialists in recruitment projecting average raises of two (2) to five (5) percent.
But this varies depending on the industry and job of the person.
Concurrently, a survey conducted last month by market research firm YouGov and employment portal Bayt.com discovered that 53% of GCC workers anticipate a pay raise this year.
in 2023, per the study, which was conducted from November 16 to November 28 among 2,941 respondents from nations including the United Arab Emirates, Saudi Arabia, Kuwait, Lebanon, and Jordan.
Any bonus this year?
Almost 75% of business leaders who replied to the Cooper Fitch salary guide poll stated they plan to reward workers for their excellent work over the past 12 months, which is good news for many employees looking to get a bonus in 2024.
Nevertheless, 26% of respondents—the bulk of whom were from the logistics and supply chain industry—will not be receiving an annual bonus.
Twenty (20%) percent of poll participants want to pay a bonus equivalent to two months' gross compensation, whilst thirty-six (36%) percent indicate they expect to pay a bonus equal to one month's gross salary.
In the meanwhile, 10% of respondents said they would give employees bonuses equivalent to up to three months' pay, 3% said they would give them four months, and 1% said they would give them five months.
“Learning to embrace a hybrid work model proves to be key in attracting and safeguarding employees,” Michael Page says.
Sources: Cooper Fitch and Michael PagePicture source: YI consultancy's pic gallery
5 Days Python course for students - ISRO announce
The goal of the IIRS Outreach Program is to use online learning platforms to develop the user and academic communities in space technology and its applications. The two modes of content delivery systems under this program are e-Learning and Live & Interactive mode (also known as EDUSAT), which are designed using online learning platforms.
About ISRO
The Department of Space's main research and development branch, the Indian Space Research Organization (ISRO), is the country's national space agency (DoS). One of the few government space agencies in the world with cryogenic engines, a sizable fleet of satellites, full launch capabilities, and the ability to conduct extraterrestrial missions, ISRO is tasked with space-based operations, exploration, and technology development. Since its founding in 1969, ISRO has been essential in helping India institutionalize space research.
About Python :
Python's syntax is straightforward and resembles that of English. Python boasts a syntax that makes it possible for programmers to write programs in less lines than some other languages. Python is an interpreter-based programming language, which means that code can be run immediately upon writing. Prototyping can therefore be completed relatively quickly.
Course explained:
'Geodata Processing Using Python' is a free 5-day online course that ISRO and the Indian Institute of Remote Sensing are giving from January 16–27, 2024. The Government of India is the sponsor of the course, which attempts to give important insights into satellite and geospatial data processing.
All space lovers are invited to enroll in a free five-day online Python programming course being offered by the Indian Space Research Organization, or ISRO.
Read on to find out more about course structure, fee, dates and timings.
Free Online Course on Geodata Processing Using Python ISRO, in collaboration with the Indian Institute of Remote Sensing, is offering a 5-day free online course titled 'Geodata Processing Using Python' from January 16–27, 2024.
The course, which is supported by the Indian government, attempts to give students insightful knowledge about satellite and geospatial data processing.
Eligibility Criteria
The course is open to
- Undergraduate or graduate students in their last year.
- Employees in science or technology in the federal or state governments.
- Academic staff or researchers from universities or other establishments.
- Participants may also be users getting programs through the CIET or CEC-UGC networks.
Course Content
The course covers:
- Overview of geographical information systems and numerous geospatial data types - Overview of Python programming
- Introduction to Anaconda and Jupyter notebook - Processing, resampling, and analysis of raster data
- Vector data processing and analysis - Geospatial data visualization online
- Familiarisation with several open-source geospatial data processing libraries such as GDAL, and Geopandas Benefits for Participants Upon successful completion of the course and meeting attendance criteria, participants will receive a certificate from ISRO.
Learners will gain the ability to:
- Create a Python program that can read, write, and handle several vector and raster formats.
- Create a program to display geographic data as maps or pictures.
- Participants in the e-class platform will have access to course study resources such as lecture slides, lecture recordings on video, open-source software, and demonstration handouts, among other things.
Hardware Requirements
In order to register for the course, students must have a desktop computer or laptop with a webcam, microphone, and speakers. If the course is being held in a classroom, they also require a large display screen, projector, or TV.
Course Fee:
Applicants applying to this course do not need to pay a registration fee.
Anticipated Result Students who successfully complete the course should be able to develop Python programs that read, write, analyze, and visualize both vector and raster data.
Course Study Materials:
Via the online learning environment, students will have access to lecture slides, video recordings, open-source software, and demonstration handouts.
How to Apply
Interested individuals can apply for the course here.
Additional details about the Python Programming course are available here.ISRO offers exiting opportunity for students who really desire to build a career in Space Technology!
Gulf Employment Outlook for 2024
Posted on: 28/01/2024
The study by YI Consultancy explores the complex needs and preferences of businesses, providing insight into the dynamics of employment in the Gulf.
The research claims that the building and real estate industries in the United Arab Emirates led the way.
This increase is consistent with the region's continuous building boom. The internet, telecom, and IT sectors came in second and third, respectively.
Employers showed a high preference for engineers and salespeople, indicating a need for technical know-how and talent in customer-facing positions.
Additionally, entry-level professionals were noticeably preferred in the nation's labor market.
Not too long after, there was a significant need for senior-level knowledge. This dual focus highlights the need for employers to pursue both experienced workers and up-and-coming talent in a balanced manner.
Furthermore, the survey indicated that the most sought-after positions in 2023 were those of Sales, Project Managers, and corporate Analysts, indicating the nation's strong need for workers who can foster innovation and corporate expansion.
Additionally, employers stated that they looked for professionals skilled in business development to spearhead strategic growth efforts, stressed the importance of exceptional customer service skills, and gave preference to applicants with project management experience for strategic execution.
The EVP and Business Head of Naukrigulf.com, Sharad Sindhwani, made the following comment:
"The statistics for 2023 tells a fascinating story about the Gulf labor market. As we saw, companies in the UAE are actively looking for people with business development and customer service expertise—skills necessary to succeed in a fast-paced business environment. With the UAE still growing, our forecast for 2024 shows a persistent need for skilled labor, highlighting the region's adaptability and dedication to innovation in the labor market."
This year, certain patterns in the labor markets of the Gulf countries were apparent.
The oil, gas, chemical, and energy industries led Saudi Arabia's employment trend, with a particular need for engineers.
In a similar vein, Qatar demonstrated a reliance on energy, a rise in tech employment, and a need for positions in sales and business development.
The oil, gas, chemical, and energy sectors were clearly significant players in Oman as well.
Aside from this industry, Kuwait also demonstrated a focus on healthcare hiring, especially for roles at the senior level.
On the other hand, hiring in the real estate and construction industries was part of Bahrain's broad job market.
The distinct economic environments and priorities that influence the employment situations in each Gulf nation are reflected in these observations.
According to Amy Bassindale, senior business manager for Hays in the Gulf region, "all signs point to further growth in the Gulf region's economy, which is in strong shape." Governments are pursuing their long-term objectives and the economy is continuing to evolve despite the turmoil in the world economy. This is supported by data from the Hays GCC wage guide 2024, which shows that 67% of Gulf firms intend to increase staffing levels this year.
This year's wage hikes for UAE workers are expected to be favorable, with specialists in recruitment projecting average raises of two (2) to five (5) percent.
But this varies depending on the industry and job of the person.
Concurrently, a survey conducted last month by market research firm YouGov and employment portal Bayt.com discovered that 53% of GCC workers anticipate a pay raise this year.
Almost 75% of business leaders who replied to the Cooper Fitch salary guide poll stated they plan to reward workers for their excellent work over the past 12 months, which is good news for many employees looking to get a bonus in 2024.
Twenty (20%) percent of poll participants want to pay a bonus equivalent to two months' gross compensation, whilst thirty-six (36%) percent indicate they expect to pay a bonus equal to one month's gross salary.
In the meanwhile, 10% of respondents said they would give employees bonuses equivalent to up to three months' pay, 3% said they would give them four months, and 1% said they would give them five months.
5 Days Python course for students - ISRO announce
About ISRO
The Department of Space's main research and development branch, the Indian Space Research Organization (ISRO), is the country's national space agency (DoS). One of the few government space agencies in the world with cryogenic engines, a sizable fleet of satellites, full launch capabilities, and the ability to conduct extraterrestrial missions, ISRO is tasked with space-based operations, exploration, and technology development. Since its founding in 1969, ISRO has been essential in helping India institutionalize space research.
About Python :
Python's syntax is straightforward and resembles that of English. Python boasts a syntax that makes it possible for programmers to write programs in less lines than some other languages. Python is an interpreter-based programming language, which means that code can be run immediately upon writing. Prototyping can therefore be completed relatively quickly.
Course explained:
'Geodata Processing Using Python' is a free 5-day online course that ISRO and the Indian Institute of Remote Sensing are giving from January 16–27, 2024. The Government of India is the sponsor of the course, which attempts to give important insights into satellite and geospatial data processing.
All space lovers are invited to enroll in a free five-day online Python programming course being offered by the Indian Space Research Organization, or ISRO.
Read on to find out more about course structure, fee, dates and timings.
Free Online Course on Geodata Processing Using Python ISRO, in collaboration with the Indian Institute of Remote Sensing, is offering a 5-day free online course titled 'Geodata Processing Using Python' from January 16–27, 2024.
The course, which is supported by the Indian government, attempts to give students insightful knowledge about satellite and geospatial data processing.
Eligibility Criteria
The course is open to
- Undergraduate or graduate students in their last year.
- Employees in science or technology in the federal or state governments.
- Academic staff or researchers from universities or other establishments.
- Participants may also be users getting programs through the CIET or CEC-UGC networks.
Course Content
The course covers:
- Overview of geographical information systems and numerous geospatial data types - Overview of Python programming
- Introduction to Anaconda and Jupyter notebook - Processing, resampling, and analysis of raster data
- Vector data processing and analysis - Geospatial data visualization online
- Familiarisation with several open-source geospatial data processing libraries such as GDAL, and Geopandas Benefits for Participants Upon successful completion of the course and meeting attendance criteria, participants will receive a certificate from ISRO.
Learners will gain the ability to:
- Create a Python program that can read, write, and handle several vector and raster formats.
- Create a program to display geographic data as maps or pictures.
- Participants in the e-class platform will have access to course study resources such as lecture slides, lecture recordings on video, open-source software, and demonstration handouts, among other things.
Hardware Requirements
In order to register for the course, students must have a desktop computer or laptop with a webcam, microphone, and speakers. If the course is being held in a classroom, they also require a large display screen, projector, or TV.
Course Study Materials:
How to Apply
Interested individuals can apply for the course here.
Additional details about the Python Programming course are available here.
ISRO offers exiting opportunity for students who really desire to build a career in Space Technology!
India's Prime Minister Narendra Modi, according to Goswami, "can now showcase India as a space power that can offer its space capabilities and know-how built on a frugal budget as a model to nations in Asia, Africa, and Latin America as part of India's foreign policy posture."
True!
I read this latest news in a news paper and started exploring the internet to know how it was going to be shaped by the Indian prime minister. Ultimately, I learned from a website named
Students be ready for a career opportunity in Space technology. ISRO (Indian Space research Institute) offers exciting opportunity for the students, who really desire to build career in space technology.
It's really been a good step that, ISRO is dedicated to promoting student understanding of space technology and its uses. They represent the nation's best hope for utilizing technology in the future to advance its social and economic conditions. Numerous initiatives are designed to encourage STEM learning and participation among kids.
For those who are ambitious and really want to build a career in space technology, I believe this article will surely guide them from scratch.
In an article titled "India has the potential to be the next space hub of the world", Mr. Arun Rao (Senior Director РIndia, Sales & Strategy - Dassault Syst̬mes)raises the idea of how students and engineers made history, not only in their own careers.
According to Mr. Rao "Dr. Vikram Sarabhai, Dr. A.P.J. Abdul Kalam, Wing Commander Rakesh Sharma, and Kalpana Chawla—the list is endless of inspirational space research scientists and astronauts of India, and their life stories are inspiring students and engineers across the country to explore the domain of space and aeronautics".
It's been an injustice if I did not mention the Indian movies have shown how our successful Mars mission made history for us.
Most of us knew that, ISRO is currently one of the world's top six governmental space agencies.
What is STEM (Science, Technology, Engineering and Mathematics )
ISRO is dedicated to inspiring kids to learn about the technology and uses of space. They represent the country's best hope for utilizing technology in the future to advance social and economic conditions. Numerous programs are designed to encourage kids to participate in STEM-related learning activities.
STEM-related learning activities
Image source: ISRO portal
YUva VIgyani KAryakram (YUVIKA)
Young Scientist Program, also known as YUva VIgyani KAryakram, is a funded program run by ISRO for schoolchildren that aims to teach the younger kids, with a focus on rural areas, the fundamentals of space technology, space science, and space applications. The initiative aims to educate young people, who will be our country's future construction workers, about new developments in science and technology. The goal of ISRO's "Catch them young" initiative is to recruit young people. Additionally, it is anticipated that the initiative would inspire more students to pursue STEM-based study and careers.
UNNATI (UNispace Nanosatellite Assembly & Training by ISRO)
Training programme content: Nanosatellite assembly and building
Purpose: strengthen their capabilities in assembling, integrating, and testing nanosatellites.
Duration : 2 months residential programme
Eligibility: Foreign Engineers/Scientists/Officials are eligible to get trained
Location : conducted at ISRO’s U.R. Rao Satellite Centre (URSC), Bengaluru.
Further details & link for the application are here:
source: ISRO website
Antriksh Jigyasa
Indian space research organization, Department of space also launched several learning programes at their "Antriksh Jigyasa" portal.
It is a virtual active learning platform that provides students with self-paced online courses on space science, technology, and its applications.
How to enroll
The platform enables students to sign up for an account and connect in to the ISRO E-CLASS Learning Management System (LMS) to access e-learning resources.
Obtain Certificate:
To receive a certificate of course completion, students must adhere to the specific course requirements for each course, take part in the online activities, and pass the examinations.
About Courses
Massive Open Online Courses (MOOC) versions of the courses are offered. The first activation of the login credentials will last for three months, during which time learners must finish the course.
Overview of Remote Sensing Technology
Who can participate: Class 8th standard onward student
Course Instructors: Scientists and Engineers of various centers of ISRO
Overview of Geographic Information System
Who can participate : - Students pursuing graduation
- Students with science and mathematics background
Course Instructors:- Scientist from Indian Institute of Remote Sensing, Dehradun
- Scientist from other ISRo Centers
Overview of Space Science, Technology & Applications
Who can participate : - The school students of India and abroad.
- Students of class 8th onwards
Course Instructors:- Eminent Scientist from ISRO
Further details & link for the application are here:
(Source: ISRO portal)
Why to choose Space technology
Space and satellites provide the foundation for the forecasts that assist us in a variety of fields, including agricultural, weather, communications, military, defense, finance, monitoring, and surveillance.
Private education and research institutes are also looking for those who can provide good training to Indian as well as foreign students. In order to do so, space technology can be a high-paying career in the future.
Space learning - The Mission
Through the learning platform, India produces the best brains that have been part of several space missions elsewhere in the world.
Featured Post
Career Advise:
Complete This CPD (UK) accredited 100% free online course & get your Certificate! Stand out from the Crowd
True!
I read this latest news in a news paper and started exploring the internet to know how it was going to be shaped by the Indian prime minister. Ultimately, I learned from a website named
Students be ready for a career opportunity in Space technology. ISRO (Indian Space research Institute) offers exciting opportunity for the students, who really desire to build career in space technology.
It's really been a good step that, ISRO is dedicated to promoting student understanding of space technology and its uses. They represent the nation's best hope for utilizing technology in the future to advance its social and economic conditions. Numerous initiatives are designed to encourage STEM learning and participation among kids.
For those who are ambitious and really want to build a career in space technology, I believe this article will surely guide them from scratch.
In an article titled "India has the potential to be the next space hub of the world", Mr. Arun Rao (Senior Director РIndia, Sales & Strategy - Dassault Syst̬mes)raises the idea of how students and engineers made history, not only in their own careers.
According to Mr. Rao "Dr. Vikram Sarabhai, Dr. A.P.J. Abdul Kalam, Wing Commander Rakesh Sharma, and Kalpana Chawla—the list is endless of inspirational space research scientists and astronauts of India, and their life stories are inspiring students and engineers across the country to explore the domain of space and aeronautics".
It's been an injustice if I did not mention the Indian movies have shown how our successful Mars mission made history for us.
Most of us knew that, ISRO is currently one of the world's top six governmental space agencies.
What is STEM (Science, Technology, Engineering and Mathematics )
ISRO is dedicated to inspiring kids to learn about the technology and uses of space. They represent the country's best hope for utilizing technology in the future to advance social and economic conditions. Numerous programs are designed to encourage kids to participate in STEM-related learning activities.
STEM-related learning activities
Image source: ISRO portal
YUva VIgyani KAryakram (YUVIKA)
Young Scientist Program, also known as YUva VIgyani KAryakram, is a funded program run by ISRO for schoolchildren that aims to teach the younger kids, with a focus on rural areas, the fundamentals of space technology, space science, and space applications. The initiative aims to educate young people, who will be our country's future construction workers, about new developments in science and technology. The goal of ISRO's "Catch them young" initiative is to recruit young people. Additionally, it is anticipated that the initiative would inspire more students to pursue STEM-based study and careers.
UNNATI (UNispace Nanosatellite Assembly & Training by ISRO)
Training programme content: Nanosatellite assembly and building
Purpose: strengthen their capabilities in assembling, integrating, and testing nanosatellites.
Duration : 2 months residential programme
Eligibility: Foreign Engineers/Scientists/Officials are eligible to get trained
Location : conducted at ISRO’s U.R. Rao Satellite Centre (URSC), Bengaluru.
Further details & link for the application are here:
source: ISRO website
Antriksh Jigyasa
Indian space research organization, Department of space also launched several learning programes at their "Antriksh Jigyasa" portal.
It is a virtual active learning platform that provides students with self-paced online courses on space science, technology, and its applications.
How to enroll
The platform enables students to sign up for an account and connect in to the ISRO E-CLASS Learning Management System (LMS) to access e-learning resources.
Obtain Certificate:
To receive a certificate of course completion, students must adhere to the specific course requirements for each course, take part in the online activities, and pass the examinations.
About Courses
Massive Open Online Courses (MOOC) versions of the courses are offered. The first activation of the login credentials will last for three months, during which time learners must finish the course.
Overview of Remote Sensing Technology
Who can participate: Class 8th standard onward student
Course Instructors: Scientists and Engineers of various centers of ISRO
Overview of Geographic Information System
Who can participate :
- Students pursuing graduation
- Students with science and mathematics background
Course Instructors:
- Scientist from Indian Institute of Remote Sensing, Dehradun
- Scientist from other ISRo Centers
Overview of Space Science, Technology & Applications
Who can participate :
- The school students of India and abroad.
- Students of class 8th onwards
Course Instructors:
- Eminent Scientist from ISRO
Further details & link for the application are here:
(Source: ISRO portal)
Why to choose Space technology
Space and satellites provide the foundation for the forecasts that assist us in a variety of fields, including agricultural, weather, communications, military, defense, finance, monitoring, and surveillance.
Private education and research institutes are also looking for those who can provide good training to Indian as well as foreign students. In order to do so, space technology can be a high-paying career in the future.
Space learning - The Mission
Through the learning platform, India produces the best brains that have been part of several space missions elsewhere in the world.
Featured Post
Career Advise:
Complete This CPD (UK) accredited 100% free online course & get your Certificate! Stand out from the Crowd
Boost your knowledge of modern Information Technology Management in just a few hours with this free online course.
🎓155,991 Professional already enrolled
Learn about fibre-optic technology and why it is the backbone for all communication systems in this free online course.
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Course Publisher: NPTEL (A joint venture of IIT and Indian Institute of Science)
Here are a few of main factors that distinguish India from other growing market
Additionally, more than 80% of Indian leaders have expressed concern about the absence of innovation. Indian workers have also claimed that "inefficient meetings" had a negative impact on their productivity. According to the survey, nearly 50% of employees believe that their absence from 50% or more meetings will go unnoticed by coworkers.
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India is a global bright spot with a strong desire to grow even more! PM Modi in LinkedIn
Prime Minister Narendra Modi's recent trip to the United States, during which he spoke to Congress, met with prominent business figures, and dined at the White House, highlighted India's importance as a rising global power. Our recent travels across the nation have led us to conclude that signs are favorable: Business confidence is high, the economy is growing at a respectable rate, and technological advancement is opening up new markets for expansion. Here are a few of the main factors that distinguish India from other growing markets.
Here are a few of main factors that distinguish India from other growing market
1. Reforms have prepared the ground for expansion
Facilitated the expansion of credit and brought a sizable portion of the economy into the formal sector, which stimulated growth.
Aadhaar — a voluntary biometric identification system
A national goods and services tax (GST) implemented in 2017
Launched in 2016, Unified Payments Interface (UPI)
The student of IIT BHU Mr. Shreyas Gupta posted his view "Narendra Modi Sir; Indeed no one can stop India this time. We have the destiny of 100 Trillion $ to reach; this century. You would be the best and strongest PM too for the century...not from power but by the love of huge number of citizens."
A software engineer and Trainer Mr. Kumar Muthaiah continued saying that "If done based on LOVE, automatically money will increase and build strong leadership."
Comment source: LinkedIn
Shreyas Gupta(He/Him) out of networkNarendra Modi Sir; Indeed no one can stop India this time. We have the destiny of 100 Trillion $ to reach; this century. You would be the best and strongest PM too for the century...not from power but by the love of huge number of citizens.
Facilitated the expansion of credit and brought a sizable portion of the economy into the formal sector, which stimulated growth.
Aadhaar — a voluntary biometric identification system
A national goods and services tax (GST) implemented in 2017
Launched in 2016, Unified Payments Interface (UPI)
The student of IIT BHU Mr. Shreyas Gupta posted his view "Narendra Modi Sir; Indeed no one can stop India this time. We have the destiny of 100 Trillion $ to reach; this century. You would be the best and strongest PM too for the century...not from power but by the love of huge number of citizens."
A software engineer and Trainer Mr. Kumar Muthaiah continued saying that "If done based on LOVE, automatically money will increase and build strong leadership."
Shreyas Gupta(He/Him) out of network
Narendra Modi Sir; Indeed no one can stop India this time. We have the destiny of 100 Trillion $ to reach; this century. You would be the best and strongest PM too for the century...not from power but by the love of huge number of citizens.
Key reforms under PM Modi
Sources: Indian government, media reports.
2. There is a serious infrastructure boom
That journey would have taken twelve hours ten years ago. We completed it in six hours, using six-lane highways and stopped at a number of reputable restaurants along the way. Just ten years prior, that had never been done
In response to the points a TEDx speaker and Author Mr. Sri Ram Kumar, positive on the Modi's goal and hopeful that Bharat can be the point of transition between two different states.
In response to the above Mr. Kumar Muthaiah pointed that "Narendra Modi Modi ji having friendship with USA, Israel and NATO can be fatal, considering their past history. Hope people do not forget Hiroshima and Nagasaki nuclear bombing by them, which killed 300,000 people in few seconds, which proved humanity can self destruct. I feel they are the actual terrorist, started several wars through fake propaganda through media, reason for slavery. They have military bases all over world and can manipulate things. Hope we do not forget Gandhi ji, who is an inspiration. Only LOVE can save humanity."
That journey would have taken twelve hours ten years ago. We completed it in six hours, using six-lane highways and stopped at a number of reputable restaurants along the way. Just ten years prior, that had never been done
In response to the points a TEDx speaker and Author Mr. Sri Ram Kumar, positive on the Modi's goal and hopeful that Bharat can be the point of transition between two different states.
In response to the above Mr. Kumar Muthaiah pointed that "Narendra Modi Modi ji having friendship with USA, Israel and NATO can be fatal, considering their past history. Hope people do not forget Hiroshima and Nagasaki nuclear bombing by them, which killed 300,000 people in few seconds, which proved humanity can self destruct. I feel they are the actual terrorist, started several wars through fake propaganda through media, reason for slavery. They have military bases all over world and can manipulate things. Hope we do not forget Gandhi ji, who is an inspiration. Only LOVE can save humanity."
3. Manufacturing is seeing increased headwinds.
Manufacturing is becoming simpler overall. Land clearances from the government are less difficult to obtain, labor is more affordable, and industrial parks are generating their own dedicated power sources (reliable power availability has previously been a major difficulty).
We predict that enterprises aiming to expand their supply chains outside of China—a practice known as "China plus one"—will find India to be an appealing site. Despite this, it probably has a long way to go before it can contend with China as the world's foremost manufacturer. On the other hand, the future appears bright.
A young entrepreneur Sophia Chen commenting about the potential growth of India which surely inspire young entrepreneur like her.
Comment source : LinkedIn
Sophia Chen (She/Her) • 3rd+Entrepreneur/charity/shareholder
Inspiring and promising! India's potential for growth and the points shared will surely captivate young minds and entrepreneurs. 🌟
We predict that enterprises aiming to expand their supply chains outside of China—a practice known as "China plus one"—will find India to be an appealing site. Despite this, it probably has a long way to go before it can contend with China as the world's foremost manufacturer. On the other hand, the future appears bright.
A young entrepreneur Sophia Chen commenting about the potential growth of India which surely inspire young entrepreneur like her.
Comment source : LinkedIn
Sophia Chen (She/Her) • 3rd+Entrepreneur/charity/shareholder
Inspiring and promising! India's potential for growth and the points shared will surely captivate young minds and entrepreneurs. 🌟
4. The Indian stock market has been expanding and should develop.
Behind China at 29% and Taiwan at 16% in the MSCI Emerging Markets Index, India makes up 14% of the overall index.2 Given India's economic trajectory, we predict that investment opportunities will grow, particularly in the small-cap sector.
An equity leader and chartered accountant Mr. Vaibhav Sanghavi is very much optimistic explaining that single window clearance to a project producing momentum and ease of business.
5. Real estate, banking, and industrial sectors all offer investment options
Profits should increase as a result of the sector's major structural change. Government initiatives have aided in eradicating unethical behavior and fostering customer confidence in the home-buying process. Additionally, many smaller developers were destroyed by a financial problem a few years ago. Together, a once-extremely chaotic market has grown more centralized and regulated.
India's digital transition in more detail
Source: Indian Council for Research on International Economic Relations, "State of India’s Digital Economy Report 2023." Data as of February 2023
Source: Indian Council for Research on International Economic Relations, "State of India’s Digital Economy Report 2023." Data as of February 2023
6. The main benefit is population
The volatility of the market would undoubtedly rise if that changed. But political parties from all ideologies are aware of the necessity of economic growth and job creation.
Despite this, we think India's basic outlook is arguably stronger than it has ever been. The economy is one of the fastest growing in the world, inflation is under control, the government has been fiscally responsible, and corruption levels are lower than they were ten years ago. These factors all favor the market. We believe it is achievable for the market to increase to these levels if Indian companies can produce the expected earnings and cash flows.
Although India's stock market has never followed a straight path, over longer time periods, it has produced some of the strongest returns among emerging and developed markets.
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Despite this, we think India's basic outlook is arguably stronger than it has ever been. The economy is one of the fastest growing in the world, inflation is under control, the government has been fiscally responsible, and corruption levels are lower than they were ten years ago. These factors all favor the market. We believe it is achievable for the market to increase to these levels if Indian companies can produce the expected earnings and cash flows.
Although India's stock market has never followed a straight path, over longer time periods, it has produced some of the strongest returns among emerging and developed markets.
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Microsoft titled "Will AI fix work?" 31 countries along with Indians are in favor of adopting AI to lessen the amount of labour!
Published on: 30-7-2023/12:39 am IST/Sunday
Microsoft has made available the findings of its prestigious Work Trend Index 2023 research for India. The "Will AI Fix Work?" The study's findings are based on a survey of 31,000 participants from a range of industries across 31 nations, including 14 markets in the Asia-Pacific. It also takes into account LinkedIn's labor patterns as well as various signals from emails, meetings, and conversations across Microsoft 365.
The research demonstrates that the pace of work has escalated beyond what humans can handle, which has an effect on innovation. According to the paper, AI is ready to Usher (Hearing and eyesight are both impacted by the rare hereditary illness known as Usher syndrome) in a completely new style of working, and businesses that adopt it first will break the cycle by boosting everyone's creativity and productivity.
As the nature of work changes, AI promises to be the biggest shift to work in our lives. With the drudgery ("a task requiring exertion or effort,")
out of our professions and us being freed to rediscover the joy of creation, the next generation of AI will unleash a fresh wave of productivity development. Every organization and leader has the chance and duty to use AI effectively by testing and experimenting with novel working methods in order to create a better working future for all.
To achieve this, it will be vital to not only invest in AI but also to make sure that each employee possesses the AI skills required to succeed in the modern workplace. remarked Bhaskar Basu, Microsoft India's country head for modern work. As business executives try to comprehend and safely implement AI for their organizations, the research also offers some critical insights.
The cost of drudgery debt is innovation
The volume of data, emails, and conversations has beyond our capacity to process it all, and as a result, all users are carrying digital debt. The research asserts that there is a chance to improve the effectiveness of the current communications.
According to the paper, every minute spent paying off this digital debt is a minute not spent on original work. Over 75% of Indian employees claim to not have enough time or energy to do their work. Three times as many of these individuals report having difficulty being creative.
In Microsoft 365, the typical user spends more than 40% of their time creating and just around 60% of their time interacting. Furthermore, an overwhelming 78% of Indian workers concur that they struggle to maintain uninterrupted focus during the workday.
A new partnership between AI and workers
While more than 80% of Indian workers are willing to hand over as much work as possible to the technology in order to lighten their burdens, over 75% of workers are concerned that AI would replace their jobs.
More than 3 out of 4 Indian workers indicated that they would feel at ease using AI, not just for administrative activities (86%) but also for analytical work (88%), and even creative aspects of their profession (87%).
When asked if they will feel at ease adopting AI for creative elements of their jobs, 100% of highly knowledgeable Indian creative people agreed. Indian managers, on the other hand, are 1.5 times more likely to believe that AI would benefit the workplace by increasing productivity rather than reducing manpower.
Importance of employee AI aptitude
The report also highlights the need for new core competencies, such as prompt engineering, in everyday work for all employees, not only AI specialists.
90% of Indian leaders stated that new skills will be required of the workers they hire in order to be ready for the development of AI.
Almost 80% of Indian workers claimed that they do not now possess the necessary skills to complete their profession utilizing AI.
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My best career advice:
At every job you should either learn or earn. Either is fine. Both is best. But if it's neither, quit.
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This start-up CEO has some thoughts on the Indian job market after receiving over 3,000 resumes in only 48 hours.
Published on: 29_07_2023: 1:08 AM IST/ Saturday
Kartik Mandeville, the CEO of an IT business called Springworks, was left thinking this after receiving over 12,000 resumes for various remote job opportunities in the course of just 48 hours.
"Received over 3K resumes in the last 48 hours just on our website - how bad is the job market?" the businessperson tweeted.
He continued by saying that the job listings were exclusively placed on the corporate website and weren't shared on any well-known job portals like LinkedIn, Naukri, or Glassdoor. He disclosed that after the article went popular on the microblogging platform, he has received thousands more applications.
171K people viewed the article and it garnered 793 likes. When asked what positions were open, the entrepreneur replied that they included product, founder's office, and software engineer.
Another comment highlighted how depressing the work market in India is. "Fairly Bad. I can still picture myself entering a walk-in interview for an IT firm in Delhi. Not a big name, one of my relatives was in charge of the team interviewing candidates, and I was only there as a guest. 700 individuals showed up for about 20 jobs! And for 2.5 LPA as well. They're anticipating around 200," a user remarked.Another person noted that if businesses disclosed the minimum and maximum years of experience required from candidates as well as the salary range, the number of job applications would substantially decrease.
An IT business called Springworks supports HR processes like hiring, onboarding, and employee retention. The company has branches in Bengaluru but is based in Santa Monica, California, according to its LinkedIn profile.
Source: Twitter, LinkedIn
Published on: 29_07_2023: 1:08 AM IST/ Saturday
Kartik Mandeville, the CEO of an IT business called Springworks, was left thinking this after receiving over 12,000 resumes for various remote job opportunities in the course of just 48 hours.
"Received over 3K resumes in the last 48 hours just on our website - how bad is the job market?" the businessperson tweeted.
He continued by saying that the job listings were exclusively placed on the corporate website and weren't shared on any well-known job portals like LinkedIn, Naukri, or Glassdoor. He disclosed that after the article went popular on the microblogging platform, he has received thousands more applications.
171K people viewed the article and it garnered 793 likes. When asked what positions were open, the entrepreneur replied that they included product, founder's office, and software engineer.
Another comment highlighted how depressing the work market in India is. "Fairly Bad. I can still picture myself entering a walk-in interview for an IT firm in Delhi. Not a big name, one of my relatives was in charge of the team interviewing candidates, and I was only there as a guest. 700 individuals showed up for about 20 jobs! And for 2.5 LPA as well. They're anticipating around 200," a user remarked.
Another person noted that if businesses disclosed the minimum and maximum years of experience required from candidates as well as the salary range, the number of job applications would substantially decrease.
An IT business called Springworks supports HR processes like hiring, onboarding, and employee retention. The company has branches in Bengaluru but is based in Santa Monica, California, according to its LinkedIn profile.
Source: Twitter, LinkedIn
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