Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

The state of the job market has been worrisome for people across the country ever since companies started carrying out large scale layoffs. In 2022, Twitter (now called X) laid off thousands of employees and eventually, companies like Meta, Google, Amazon, Microsoft and so on also began handing the pink slip to employees. Thousands of people took to social media platforms to share their ordeals. While some have successfully moved on to new roles now, many are still searching for opportunities, elevating competition in the job market. However, the situation isn't so grim everywhere. <keyword id="78512" type="General" weightage="100" keywordseo="iim-calcutta" source="Orion">IIM Calcutta</keyword> students bagged offers worth nearly 2 lakh per month for their summer internship programme. Curious? Read on to know more. The 61st batch of IIM Calcutta's flagship MBA programme saw all 475 students secure internships during the recent placement season. The numbers also speak volumes: a staggering median stipend of ₹2 lakh per month, a record-breaking achievement, and an average of ₹1.89 lakh that closely follows. And it doesn’t stop there—the highest domestic offer came in at ₹3.67 lakh, while international placements soared with top offers of ₹6.75 lakh per month. For many, this success story from IIM Calcutta is a reminder that when it comes to premium talent, there’s always a demand, even when the world feels uncertain. Professor Ritu Mehta, Chairperson of Placement Activities at IIM Calcutta, said as per a report in ET, "The outcome of the <keyword id="23806452" type="General" weightage="20" keywordseo="summer-internship-offers" source="keywords">summer internship offers</keyword> has yet again demonstrated the future readiness of our students in a highly competitive landscape. Globally, there is an ongoing recalibration of managerial jobs and pullback of job postings, hence we are very grateful to our recruiters to repose their trust in our students and our academic processes." Meanwhile, IIM Calcutta said, "The cluster-cohort placement process that involved various policies such as ‘dream offer’ enabled recruiters to find a better student-recruiter fit, making the overall process a win-win for both recruiters and students." For the unversed, IIM Calcutta, established in 1961 as the first Indian Institute of Management, is one of the most prestigious business schools in India and is globally renowned for its academic excellence. Known for its rigorous MBA programme, it has built a reputation for producing leaders equipped with strong analytical and strategic thinking skills. The institute has consistently attracted top-tier recruiters across various industries, and people across the industry keep a close eye during its placement season.

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

Getting a <keyword id="20488964" type="General" weightage="20" keywordseo="job-offer" source="keywords">job offer</keyword> in today's time might feel like half the battle won. The job market, especially in the tech sector, has been quite intense for the last few years and for international students, as per a <keyword id="19951562" type="General" weightage="20" keywordseo="LinkedIn" source="keywords" meta.keywordsubtype="org" meta.entityname="LinkedIn" meta.hostid="261" meta.entityid="LinkedIn">LinkedIn</keyword> user, things are quite challenging. The <keyword id="22004983" type="General" weightage="20" keywordseo="Indian-origin-engineer" source="keywords">Indian-origin engineer</keyword> living in the US took to the job-search platform to share his journey. He shared how he recently got a job offer from <keyword id="19903807" type="General" weightage="20" keywordseo="Elon-Musk" source="keywords">Elon Musk</keyword>'s <keyword id="19895433" type="General" weightage="100" keywordseo="Tesla" source="keywords" meta.keywordsubtype="org" meta.entityname="Tesla" meta.hostid="261" meta.entityid="Tesla">Tesla</keyword> after 500 cold emails, 300 plus applications and 10 interviews. <h2>Engineer gets job offer from Tesla</h2>The young international graduate in the U.S. took to LinkedIn and shared that he has finally secured a full-time role at Tesla as a Technical Support Specialist, after a five-month struggle of relentless job hunting. With over 300 applications, 500 cold emails, and numerous interviews, this success was hard-earned. Despite having solid credentials, including three internships, a strong <keyword id="20991885" type="General" weightage="20" keywordseo="gpa" source="keywords">GPA</keyword>, and extracurricular experience, the competitive job market proved challenging, especially for an international candidate dealing with visa pressures. During the job search, the candidate faced intense setbacks, including the loss of health insurance, housing, and the emotional strain of uncertainty around visa requirements. Living out of friends’ apartments and managing expenses on a tight budget, he persevered by treating job searching as a full-time endeavour, committing to hours of applications and interview preparation. <h2>"Was unemployed for months" </h2> "Despite having three internships, a good GPA, and active extracurriculars, I never imagined I would be in a position where I’d be unemployed for five months. I lost my lease, my health insurance, and constantly felt the ticking clock of my visa status, knowing I could be forced to leave the U.S. at any moment," his LinkedIn post read. However, he also shared that he made time to unwind in the evenings and weekends, acknowledging the importance of balancing this tough process with self-care. The now-Tesla employee shared practical tips and resources that made a difference in his journey, from cold-emailing potential employers to leveraging platforms like LinkedIn, Indeed, Handshake, and Jobright.ai for finding job openings. He added that with the help of ChatGPT+ for tailoring resumes and cover letters, he honed each application, turning every interview into a learning experience.

‘Was unemployed for months, lost my lease and insurance’: Indian-origin engineer gets offer from Elon Musk’s Tesla, shares journey

The Indian <keyword id="21219153" type="General" weightage="20" keywordseo="employment-market" source="keywords">employment market</keyword> is projected to experience a 6.33% incremental expansion over the first half of FY 2024-25, according to a report by TeamLease. The report highlighted that 56% of employers expect their workforce to grow, 21% anticipate a decline, and 23% believe their workforce size will remain unchanged. The report provided a detailed analysis of the <keyword id="21680463" type="General" weightage="100" keywordseo="Indian-job-market" source="keywords">Indian job market</keyword> across 23 industries and 20 cities. It highlighted workforce expansion trends, emphasizing the impact of <keyword id="20509550" type="General" weightage="20" keywordseo="economic-conditions" source="keywords">economic conditions</keyword>, organizational dynamics, skill shortages, and <keyword id="20358462" type="General" weightage="20" keywordseo="technological-advancements" source="keywords">technological advancements</keyword> on hiring strategies. The growth in the employment market is attributed to the favourable economic conditions in the country, including a nearly 7% GDP growth forecast for 2024 by most global rating agencies, which would make India the fastest-growing G-20 nation. Strong investment demand, peaking headline inflation, and a greater emphasis on technology and skills by employers are also key factors. In terms of cities, Delhi, Bangalore, and Hyderabad emerged as the top cities with the highest proportion of employers expanding their workforce sizes. These cities attract businesses due to their established infrastructure, large talent pools, and economic vitality. The consistent preference for these major cities underscores their significance as job concentration hubs, despite the growing trend of expansion into new locations. These urban centres play a strategic role in driving employment growth and economic development in India. The report also noted that nearly two out of five organizations are focusing on bridging skill gaps, highlighting a shift towards a more adaptable and skilled workforce in preparation for technological advancements and new skills. The report said that Generative AI (<keyword id="19949719" type="General" weightage="20" keywordseo="GenAI" source="keywords">GenAI</keyword>) is particularly noteworthy, as it has the potential to transform key business processes, impacting workforce dynamics and reshaping talent management. In response, 35% of surveyed organizations reported significant changes in their talent acquisition strategies to integrate advanced AI technologies. On the unemployment front, the report stated out that a significant portion of the unemployed workforce, nearly 83%, consists of youth aged 15-29. Over the past two decades, there has been a significant increase in the educational attainment of these unemployed youths. The proportion of those with at least secondary education rose from 35.2% in 2000 to 65.7% in 2022, indicating a rising educational profile among the unemployed. However, the national <keyword id="20054242" type="General" weightage="20" keywordseo="unemployment-rate" source="keywords">unemployment rate</keyword> has progressively decreased, falling to 3.1% in 2023 from 3.6% in 2022 and 4.2%in 2021. The unemployment rate in urban areas also decreased from 7.2% to 6.5% for persons aged 15 years and above between October-December 2022 and October-December 2023. The <keyword id="19913761" type="General" weightage="20" keywordseo="gig-economy" source="keywords">gig economy</keyword> in India is experiencing rapid growth, with the number of gig workers projected to rise from 7.7 million in 2020 to 23.5 million by 2029-30, demonstrating a compound annual growth rate (CAGR) of almost 12%. The distribution of gig work across skill levels includes 47% in medium-skilled jobs, 22% in high-skilled jobs, and 31% in low-skilled jobs, highlighting the diverse opportunities within this sector. In the media &amp; entertainment industry, digital transformation and changing consumer preferences are driving 48% of employers towards <keyword id="22204807" type="General" weightage="20" keywordseo="workforce-growth" source="keywords">workforce growth</keyword> in the first half of FY 2024-25. However, the other half of the industry faces turbulence and uncertainty.

Maximum employers expect their workforce to grow in first half FY 2024-25, says Teamlease report

This is an as-told-to essay about a 25-year-old woman named Priya from <keyword id="19895037" type="General" weightage="20" keywordseo="Bengaluru" source="keywords">Bengaluru</keyword>, who has decided to ditch the dating scene and go for an <keyword id="20037538" type="General" weightage="100" keywordseo="arranged-marriage" source="keywords">arranged marriage</keyword> instead. The story is based on a real conversation but has been edited for length and clarity. Being a hopeless romantic, I spent the better part of the last five years on and off <keyword id="20288570" type="General" weightage="20" keywordseo="dating-apps" source="keywords">dating apps</keyword>. Now, I realise that for someone looking for their “forever person”, they can be a colossal waste of time. I matched and spoke with several people and even found people I felt that undeniable "zing" within the duration. But nothing ever materialised because these things weren’t just about chemistry; it was about aligning with someone who wanted similar things I did, and for some reason, I struggled to find that. In between shuffling from one app to another, I was in two serious relationships with people I met very organically. I was fully invested in these relationships and hoped they’d work out. But when the second one fell apart a few months ago, I decided that the dating apps would not be seeing me again. Instead, I would turn to the trusty backup plan for most Indians: an arranged marriage. <h2>Why an arranged marriage appealed to me </h2>The idea of an arranged marriage has always been a part of my life. My family has strongly believed in it, and watching close friends and relatives find happiness through this route only reinforced that belief. But it wasn't just tradition or family influence. After my last relationship ended, I realised I didn’t want to go through the exhausting process of convincing my parents to accept my choice of partner — something that's still a huge hurdle in my <keyword id="21185309" type="General" weightage="20" keywordseo="Indian-family" source="keywords">Indian family</keyword>. I didn’t want to risk unhappiness or conflict if things didn’t go smoothly. That’s when I decided I was ready for an arranged marriage. Once I made that choice, I stopped worrying about spending months or years with someone only to find we were on different pages once the initial excitement fades. Instead, I started focusing on what I wanted in a partner all along. For instance, I am looking for someone who has a decent job that pays decently. I can support myself, but I’d rather not marry someone who has too many financial responsibilities. I want a partner who will be my equal in everything and be supportive of my career choices — since I wish to work until retirement. Most of all, I’d like someone who shares my interests and hobbies. <div type="Article" hostid="261" msid="108165505" title="I want to be a tradwife. My twin sister&amp;#39;s conventional marriage convinced me." mstype="2" mssubtype="0"></div> <h2>Steps I took to start my journey </h2>I signed up as a premium member on two <keyword id="22342759" type="General" weightage="20" keywordseo="matrimonial-apps" source="keywords">matrimonial apps</keyword>. The process? Well, let’s say it’s not for the faint-hearted. I’ve swiped through about 500 profiles, filtering out the ones that didn’t match my expectations. The first thing you notice on these apps is the person’s picture and it’s only natural for that to influence your decision, much like a dating app. If you like their bio, you get down to talking about the more “practical” aspects of life, such as earnings, financial goals, responsibilities, whether or not they picture children in their future, etc. It was also crucial for me to find someone whose background and values aligned with mine. Caste was not an issue, but I wanted a partner from similar family background and upbringing to avoid potential personal or family conflicts later. And yet, none of this is even remotely enough. I did come across people who seemed fine on the surface but turned out to be condescending and rude the more I got to know them. Finally, of all the profiles I went through, I shortlisted 3 candidates that I wished to meet. While attraction and all these other aspects are important, what really matters is the energy you feel when interacting with them in person. As of now, I’ve met 2 of the 3 potential matches and I’m looking forward to meeting the third one (wish me luck). <h2>What will my life look like post-marriage? </h2>I don’t believe my life will drastically change post-marriage. Sure, I’ll have more responsibilities, but I’ll also have someone to share them with. My goal is to find a companion, someone I can explore life with, who’s comfortable with the idea of sharing everything, from household chores to dreams. A true partner. Of course, I’m scared — fear of the unknown is natural. I still don’t know who my life partner will be, and that uncertainty is daunting. But my optimism outweighs my fear. I believe that I’ll find the right person, and that belief keeps me going. <h2>Parting advice </h2>If I had any advice for someone entering the marriage "market" — because that’s exactly what it is — it would be to take this step only if you truly want it. While I am content with my choices, I have seen couples benefitting from modern dating, too. Secondly, don’t give in to societal pressure. Spend as much time as you can getting to know your potential partner. Indian parents tend to rush things and will likely push you to speed up the process. But remember, it’s your life. Stand your ground and make sure you’re comfortable with your choice. After all, this is about choosing someone who will walk with you through all of life’s ups and downs. <div type="Article" hostid="261" msid="112522764" title="Arrange or love marriage debate is passe, people are now marrying their AI partners" mstype="2" mssubtype="0"></div>

I am a GenZ Indian woman who spent five years in the dating game. Here’s why I am choosing an arranged marriage now.

<ul><li>A study by <keyword id="19900426" type="General" weightage="100" keywordseo="Accenture" source="keywords" meta.keywordsubtype="org" meta.entityname="Accenture" meta.hostid="261" meta.entityid="Accenture">Accenture</keyword> says GenAI could add billions to Indian economy</li><li>The study added that 31 percent of working hours in India could be automated</li><li> Indian economy could be up by as much as USD 675 billion by 2038</li></ul> In the last two years, there have been many debates about the possibility of AI replacing human beings at their jobs. Various tech experts have expressed their opinions on this. While there is one section of people saying that AI will make it easier for human beings to do their jobs, there is another section that fears being replaced altogether. Talking about the section that thinks AI will help humans do their jobs better, various experts have said in the past that AI will focus on mundane aspects of a job so that human beings can be fully focused on more challenging and creative parts. And a new study by Accenture seems to support this argument. Moreover, the study also says that due to the use of generative AI, Indian economy could be up by as much as USD 675 billion. <h2>GenAI could add USD 675 billion to Indian economy</h2>According to the study by Accenture, adopting a people-centric approach to GenAI could potentially add USD 675 billion to India's economy by 2038. This transformative impact hinges on a bold vision for reinvention, underscored by strong data and technology foundations, and an intentional approach to workforce development. The <keyword id="22702248" type="General" weightage="20" keywordseo="Accenture-study" source="keywords">Accenture study</keyword> highlights that the deployment of GenAI could automate approximately 31 percent of working hours in India. This significant shift is expected to contribute a 0.6 percentage point increase to the annual GDP growth, showcasing GenAI's potential as a powerful economic driver. However, the journey to harnessing this potential is fraught with both opportunities and challenges. For the unversed, generative AI, a subset of artificial intelligence, involves machines generating text, images, or other media in response to prompts. This technology has far-reaching implications for industries ranging from capital markets to retail, banking, insurance, and software platforms. Globally, these sectors are expected to witness the automation or augmentation of 49% to 71% of working hours due to GenAI. <h2>31 percent automation in India</h2>The Accenture study also highlights that in the Asia-Pacific region, the impact of GenAI is anticipated to be substantial, with Australia and Japan seeing the highest impact at 45% and 44% of working hours, respectively. For India, the projection of 31% automation signifies a seismic shift in how businesses operate and how work is performed. <keyword id="22702250" type="General" weightage="20" keywordseo="saurabh-kumar-sahu" source="keywords">Saurabh Kumar Sahu</keyword>, Lead for India Business at Accenture, underscored the necessity of a bold vision for reinvention. He said that the scaled and responsible deployment of GenAI can drive revenue growth and act as a force of change, reinventing functions across industries. However, unlocking the real value of GenAI requires businesses to have robust data and technology foundations. "The scaled and responsible deployment of generative AI can not only drive revenue growth but also act as a force of change that can reinvent almost all functions across industries. To unlock its real value, businesses need to have a bold vision for reinvention anchored in a strong data and technology foundation. This, coupled with an intentional approach to skilling, is crucial to succeed in the age of generative AI," Sahu said in a statement according to a report in Business Standard. <h2>89 percent businesses plan to increase AI spending</h2>Despite the promising prospects, there is a critical gap in preparation that could hinder the effective integration of GenAI. The Accenture study reveals that while 89% of businesses plan to increase spending on AI, only 35% prioritise workforce development. Moreover, a mere 4% of business leaders have implemented GenAI training at scale. This disparity underscores the urgent need for comprehensive skill development programs. As organisations embrace GenAI, equipping the workforce with the necessary skills is important to ensuring that the technology's implementation is both effective and sustainable. SEE ALSO: <a href="https://www.businessinsider.in/artificial-intelligence/news/verizon-sees-early-success-using-generative-ai-to-answer-questions-from-business-customers/amp_articleshow/112145960.cms" data-type="tilCustomLink" target="_blank">Verizon sees early success using generative AI to answer questions from business customers </a><a href="https://www.businessinsider.in/tech/news/yup-ai-is-basically-just-a-homework-cheating-machine/amp_articleshow/112330231.cms" data-type="tilCustomLink" target="_blank">Yup, AI is basically just a homework-cheating machine</a>

You Searched For "Indian job market" and got 5 results

₹1.89 lakh per month for summer internship! Freshers at this institute bag bumper monthly stipend

Divyanshi Sharma

‘Was unemployed for months, lost my lease and insurance’: Indian-origin engineer gets offer from Elon Musk’s Tesla, shares journey

Divyanshi Sharma

Maximum employers expect their workforce to grow in first half FY 2024-25, says Teamlease report

ANI

I am a GenZ Indian woman who spent five years in the dating game. Here’s why I am choosing an arranged marriage now.

Ashmita Gupta

Indian economy could get USD 675 billion due to AI by 2038, study shows

Divyanshi Sharma

Popular Keywords

Buying Guides