75% Indians feel working for one boss 'old-fashioned'

Agencies
September 18, 2019

New Delhi, Sept 18: Over 75% Indians believe that the notion of working for one employer your entire career is "old-fashioned" and so is the traditional retirement, according to a survey.

Twenty-five per cent Indians would want a second innings post-retirement in a career they love, it said.

The survey also pointed out that 84% Indians ended up choosing a career based on what they majored in but 31 per cent ended up switching careers eventually.

According to the survey, 78% Indians believe that students today have technology to support their learning and make it easier and more fun.

There is a strong belief (74-79%) that smart devices will play a greater role in learning, virtual learning will become more common, print textbooks will become obsolete and YouTube will become a primary learning tool.

More than 11,000 people from across 19 countries, including over 1,000 Indians in the age group of 16 to 70, participated in the Pearson Global Survey.

At least 22% indicated that a formal education is good, but not necessary; 22% said formal education is not relevant today as one can be successful without it, the survey report said.

Of those who went to college, 39% said if they had to choose again, they would get some kind of trade or vocational training instead of going to college while 15 per cent said they would go straight to work after leaving high school, the report stated.

Fifty-nine per cent Indians believe that the country's education system works well for the current generation, it added.

Around 25% said that when they retire, they would want to start their own business. Twenty per cent would like a second innings doing something they love and 15% would like to take up a part-time job, the survey data showed.

The report stated that 76% Indians, in the last two years, found themselves in need of pursuing further education for their jobs.

Their jobs have changed and the new skills required involve learning new technology or software (44%) or accounting for skills they did not learn in college (45%), it said.

"This tended to be accomplished by finding things on the Internet and being self-taught (50 per cent), or taking a short course offered by employer, association or boot camp (48%)," the report said.

Seventy-eight per cent of the respondents said there was need to do more to develop their soft skills, it said.

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News Network
March 16,2020

New Delhi, Mar 16: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday.

They said Ambani was asked to depose at the Enforcement Directorate office in Mumbai on Monday as his group companies are among the big entities whose loans went bad after borrowing from the crisis-hit bank.

The officials said Ambani, 60, has sought exemption from appearance on some personal grounds and he may be issued a new date.

Ambani's group companies are stated to have taken loans of about Rs 12,800 crore from the bank that turned NPAs.

Finance Minister Nirmala Sitharaman had said in a March 6 press conference that the Anil Ambani Group, Essel, ILFS, DHFL and Vodafone were among the stressed corporates Yes Bank had exposure to.

Officials said promoters of all the big companies who had taken large loans from the beleaguered bank which later turned bad are being summoned for questioning in the case to take investigation forward.

Ambani's statement will be recorded under the Prevention of Money Laundering Act (PMLA) upon deposition, they said.

Kapoor, 62, is at present in ED custody after he was arrested by the central probe agency early this month.

The ED has accused Kapoor, his family members and others of laundering "proceeds of crime" worth Rs 4,300 crore by receiving alleged kickbacks in lieu of extending big loans through their bank that later turned NPA.

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Agencies
May 17,2020

Washington, May 17: The overall number of global coronavirus cases has increased to over 4.6 million, while the death toll has surpassed 311,000, according to the Johns Hopkins University.

As of Sunday morning, the total number of cases stood at 4,634,068, while the death toll increased to 311,781, the University's Center for Systems Science and Engineering (CSSE) revealed in its latest update.

The US currently accounts for the world's highest number of cases and deaths at 1,467,796 and 88,754, respectively.

In terms of cases, Russia has the second highest number of infections at 272,043, followed by the UK (241,461), Brazil (233,142), Spain (230,698), Italy (224,760), France (179,630), Germany (175,752), Turkey (148,067) and Iran (118,392), the CSSE figures showed.

Meanwhile, the UK accounted for the second highest COVID-19 deaths worldwide at 34,546.

The other countries with over 10,000 deaths are Italy (31,763), Spain (27,563), France (27,532), and Brazil (15,662).

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News Network
March 13,2020

Mar 13: Canadian Prime Minister Justin Trudeau and his wife announced they were self-isolating Thursday as she undergoes tests for the new coronavirus after returning from a speaking engagement with "mild flu-like symptoms."

Sophie Gregoire-Trudeau's symptoms have subsided since she recently got back from Britain, but as a precaution the prime minister "will spend the day in briefings, phone calls and virtual meetings from home," according to a statement.

Trudeau also cancelled a meeting Thursday and Friday with Canada's provincial and territorial leaders in Ottawa, but still planned to speak with them and world leaders by phone about measures being taken to curb the spread of the virus in Canada.

Gregoire-Trudeau's symptoms had included "a low fever late last night." She immediately sought medical advice and testing.

Trudeau has exhibited no symptoms, and was advised by doctors "to continue daily activities while self-monitoring."

"However, out of an abundance of caution, the prime minister is opting to self-isolate and work from home until receiving Sophie's results," said his office.

Since the novel coronavirus first emerged in late December 2019, 127,070 cases have been recorded in 115 countries and territories, killing 4,687 people, according to an AFP tally compiled at 1200 GMT on Thursday based on official sources.

Canada has so far reported more than 100 cases in six provinces, and one death.

Also Thursday, the Canada's Juno music awards cancelled its upcoming gala show, planned for Sunday evening in Saskatoon, Saskatchewan.

"We are devastated to cancel this national celebration of music, but at this time of global uncertainty, the health, safety and well-being of all Canadians must stand at the forefront of any decisions that impact our communities," organisers said in a statement.

And in Quebec province, Premier Francois Legault unveiled a series of measures to prevent the spread of the coronavirus, including placing all travellers returning from overseas under quarantine for two weeks.

Quebec also banned indoor gatherings of more than 250 people.

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