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The 10 ways to maintain a long career in finance

Admin| Apr 11, 2017 - 02:23 AM

The 10 ways to maintain a long career in finance

I recently gave a talk on how to survive a long career in the capital markets, something I somehow managed to accomplish.

It was delivered to an engaging and enthusiastic bunch of people from across the capital markets sector in Frankfurt. But no one should underestimate the challenges of working in an industry which faces rolling uncertainty.

Business models of banks and other market players are being challenged by regulations and technology resulting in significant demands being placed on th......

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This is how forgoing vacation time can derail your career

Admin| Apr 11, 2017 - 02:11 AM

This is how forgoing vacation time can derail your career

With summer fast approaching, vacation will soon be top of mind for many professionals. Do you ask your boss for time off? Do you use your vacation days?

The answer should be a no-brainer. But you'd be surprised. Many Americans lucky enough to have paid time off are forgoing valuable vacation days to spend more time at the office, a national Bankrate survey of 1,000 employees showed.

In 2016, some 52 percent of Americans said they wouldn't be using all of their paid time off. They're often leavin......

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Amazon top recruiter at TISS Mumbai placements, average salary Rs 18.2 lakh

Admin| Apr 09, 2017 - 11:14 PM

Amazon top recruiter at TISS Mumbai placements, average salary Rs 18.2 lakh

Amazon has emerged the top recruiter during final placements at the Tata Institute of Social Sciences (Mumbai), offering the highest package of Rs 28.5 lakh. The median salary for the 2015-17 batch is Rs 18 lakh, the same as last year. Average salary has gone up marginally to Rs 18.2 lakh, compared to Rs 17.4 lakh last year.

Around 65 students from the two-year postgraduate programme in human resource management and labour relations participated in the placements where 44 companies – 25%......

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Government asks PSBs to finalise next wage revision before November 1

Admin| Apr 09, 2017 - 11:14 PM

Government asks PSBs to finalise next wage revision before November 1

The finance ministry has asked the heads of public sector banks to finalise the modalities for timely implementation of the next pay revision from November.

There are 21 public sector banks, post merger of six lenders with SBI, in the country. They together employ about 8 lakh people.

In a communication to CEOs and MDs of the state-owned banks, the ministry advised them to initiate the steps for smooth conclusion of next wage revision of the employee within the time-frame.

"However, it is s......

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Chandigarh Police Recruitment 2017

Admin| Apr 08, 2017 - 01:07 AM

Chandigarh Police Recruitment 2017

All the candidates who have applied for various constables posts in UT police will have to undergo a dope test. There are 520 posts of constables in UT police.

 

The decision of undergoing a dope test was taken by the Chandigarh Police. The same decision was also taken by the Punjab police last year.

 

The candidates who have applied will be undergoing the PE and MT (Physical Efficiency and Measurement Test). 2.14 lakh candidates have applied for the posts and they will be undergoi......

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US unemployment rate near 10-year low, but job creation falters

Admin| Apr 07, 2017 - 11:10 PM

US unemployment rate near 10-year low, but job creation falters

The US unemployment rate fell in March to 4.5 percent, its lowest level in nearly 10 years, but job creation tumbled unexpectedly, underscoring the challenges President Donald Trump faces to fulfil his 25-million-job pledge.

After months of pumping out new jobs at a steady clip, the world's largest economy added only 98,000 net new positions last month, the Labor Department reported Friday -- a figure far below analyst expectations

Central bank policymakers have been split over the amount of sl......

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Mixed jobs report leaves markets unfazed about Fed rate hikes

Admin| Apr 07, 2017 - 10:57 PM

Mixed jobs report leaves markets unfazed about Fed rate hikes

Job creation weakened much more than expected in March, causing speculation that the Federal Reserve (Fed) may be unable to move forward with its plan to hike interest rates two more times this year.

According to the employment report released Friday, non-farm payrolls (NFP) rose just 98,000 in March in a severe slowdown from the prior month’s creation of 219,000. The number was its lowest in 10 months and also barely reached half of the consensus estimate of 180,000 jobs.

Wage inflation......

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Throwing light on career path

Admin| Apr 06, 2017 - 11:32 PM

Throwing light on career path

From providing help to crack the much-debated National Eligibility cum Entrance Test (NEET) to dealing with engineering admissions in Tamil Nadu from the word go, The Hindu Edge Career Counselling 2017 had it all.

Speakers at the seventh edition of the Career Counselling programme — organised by The Hindu Edge in association with The Hindu-Tamil at VIT University on Thursday — provided a peek into various opportunities in higher education.

One of the speakers, Ramesh Prabha, chairm......

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Snapdeal employees worried about jobs, as merger looms with Flipkart

Admin| Apr 06, 2017 - 11:31 PM

Snapdeal employees worried about jobs, as merger looms with Flipkart

Even as the Japanese investor Softbank of Snapdeal is yet to conclude its potential stake sale to its rival Flipkart, the employees at the Gurgaon-based e-commerce firm continue to be worried.

A merger with bigger rival Flipkart is expected to consolidate operations and existing positions could be phased out over time as part of the deal.

"Many of our colleagues lost their jobs during the retrenchment exercise. We were given to understand that it was over. However with these reports of sale tal......

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IIM Raipur completes placements with highest salary package of Rs 27.2 lakh

Admin| Apr 05, 2017 - 11:03 PM

IIM Raipur completes placements with highest salary package of Rs 27.2 lakh

IIM Raipur has completed final placements for the 2015-17 batch, with a highest package of Rs 27.2 lakh and a median package of Rs 13.2 lakh. The average salary offered saw an increase of about 5% and stood at Rs 13.10 lakh per annum

The average salary offered to the top 10 percentile, top 25 percentile and the top 50 percentile of the batch were Rs 19.4 lakh, Rs 17.1 lakh and Rs 15.5 lakh respectively.

About 20% of the batch of 141 students secured PPOs/PPIs and more than 140 recruiters show......

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