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Hiring activity declined 6 per cent year-on-year in October as recruiters adopted a cautious approach in adding new workforce, a report said on Tuesday. Sequentially, the hiring activity has dropped by 5 per cent following the changing patterns in the startup ecosystem, funding winter and fears of an upcoming recession, according to the Monster Employment Index (MEI). However, with companies ramping up internal initiatives to facilitate growth and government interventions in promising sectors, hiring projections for the coming months are expected to pick up, it added. The Monster Employment Index is a broad and comprehensive monthly analysis of online job posting activity conducted by Monster India. The report further revealed that even as there has been a noticeable slowdown in hiring among industries following months of robust job demand, key sectors like automation, banking, financial services and insurance (BFSI) are expected to show an increased intent to hire. However, hirin
Job aspirants, particularly those seeking to get into executive cadre posts, will have to undergo a personality test as the Andhra Pradesh government rescinded its previous order dispensing with personal interviews. In June 2021, the state government issued an order dispensing with personal interviews for recruitment of staff, calling it a "historic decision" aimed at maintaining "utmost transparency" and ensuring "complete trust" in the recruitment process for government jobs. Recruitment for all categories of government posts was supposed to be done only based on a written examination. But it has now reversed its policy, to do away with the transparent process and bring back the old system, albeit with a new nomenclature called 'personality test.' "The government, after careful consideration of the matter, hereby restores the personality test for higher level posts of Group-1 services for recruiting suitable and meritorious candidates for effective and efficient delivery of publi
The ED has initiated a probe against a Chinese "controlled" mobile app that allegedly duped a number of youngsters in lieu of providing them part-time jobs that included "liking" and uploading celebrity videos on social media platforms. The federal agency said on Monday it has raided at least 12 entities in Bengaluru that are linked to the app -- 'Keepsharer' -- following which it seized funds worth Rs 5.85 crore. The probe found that "gullible public, mostly youth, were cheated by some Chinese persons through a mobile app namely Keepsharer which promised them to give part-time job and collected money from them", the Enforcement Directorate (ED) said in a statement. The Chinese formed companies here and recruited several Indians as directors, translators (Mandarin to English and vice-versa), HR managers and tele-callers, the ED said. "They obtained the documents of Indians and opened bank accounts. The accused Chinese persons developed the app and started its advertisement through