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People are willing to take up to 50% cut in their salaries for an assured job. Pixabay

There has been a modest rise in the overall confidence among professionals in India as retaining a job has itself become a strong booster for many in these tough times, LinkedIn said on Tuesday.

Based on the survey responses of 1,303 professionals in India, the LinkedIn ‘Workforce Confidence Index’ revealed rising optimism towards job security as businesses slowly reopened last month in the country.


“Many people are willing to take up to 50 per cent cut in their salaries for an assured job. This means that whoever retains a job today, clearly knows that his/her role matters to the organization even in the new reality,” explained HR expert Prabir Jha.

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The findings showed that about two in three professionals will increase their time spent searching for (66 per cent) and applying to (64 per cent) jobss in the next two weeks.

The active job seekers aim to upskill today for a safer tomorrow as 68 per cent said they will increase their time spent on online learning to harbour long-term job security and career progression.


The findings showed that about two in three professionals will increase their time spent searching for jobs in the next two weeks. Pixabay

However, only one in four senior professionals said they would increase their time spent on searching for jobs in comparison to almost half (45 per cent) of the junior workforce.

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The showed that only 16 per cent of decision makers would increase the number of jobs they apply to, when compared to 48 per cent of the junior workforce.

“More experienced workers may have savings to support them in the long run,” said Jha, explaining why senior professionals are not as inclined towards increasing their time spent on searching for jobs. (IANS)


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As the economy continues to recover from the prolonged pandemic.

By Rohit Vaid
The Centre might bestow infrastructure as well as industry status to new sectors to boost several pandemic hit industries in the upcoming Union Budget. Industry insiders said that several sectors and sub-industries such as hospitality, automobile retail, specific diganotics facilities and companies engaged in installation of EV charging stations amongst others might get the status.
The infra tag will enable these sectors to avail tax breaks, incentives and credit on lower interest rates. "Sectors which are in greenfield or which would need capex augmentation to help them overcome the pandemic can be looked from the lens of an infrastructure sector," said Jagannarayan Padmanabhan, Director and Practice Leader, Transport & Logistics, Crisil Infrastructure Advisory. "Also many of the already identified sectors need a sustained policy push which will help them get visibility both in terms of quantum and the time period of applicability."

Till now, activities associated with laying of power and telecom transmission and distribution lines, roads, highways, railways and construction of facilities such as hospitals, affordable housing, power generation units, water treatment plants, SEZs and certain type of hotels amongst others were given such status.

Besides, these sectors are a part of harmonised master list for infrastructure sub-sectors. However, in April 2021, exhibition-cum-convention centre was included in the list. "Given the focus around electric vehicle, and need for significant investment in charging stations, if the government adds the sector in infrastructure list, the benefits arising out of it will be significant," said Vishal Kotecha, Director, India Ratings and Research. "Infra tag on sectors increases ability to raise funds, access to dedicated funds and lenders, foreign capital, lower interest rates among others."

Electric car Given the focus on electric vehicles, the advantages of including the industry in the infrastructure list will be enormous. Free SVG

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Wikipedia

A team is working to produce safest medicine for covid treatment.

A team led by chief scientist Ravi Shankar, is working on two combinations to provide the safest medication to coronavirus patients. "Experts say that a combination of antivirals with different mechanisms can be more effective to counter the viral pandemic. We are working on two combinations - Umifenovir with Molnupiravir (an antiviral) and Umifenovir with Niclosamide (anti-parasitic)," he said.

Also read: Antiviral Remdesivir Receives FDA

Molnupiravur drug has received only Emergency Use Authorisation in India and abroad. Though its usage showed reduced hospitalisation during clinical trials, its biggest drawback are the side-effects, he added.

"Now, we are trying to keep a low dosage of Molnupiravir in its combination with Umifenovir which may weed out the side-effects such as the risk of cartilage and muscle damage. If successful, it will make Umifenovir more effective in Covid-19 treatment," said the chief scientist. The other combination is Umifenovir with Niclosamide.

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Wikipedia

MEA Jaishankar instructed Indian envoys to Canada and the US, "to urgently respond to the situation."

External Affairs Minister S. Jaishankar on Friday instructed Indian envoys to Canada and the US, Ajay Bisaria and Taranjit Singh Sandhu, "to urgently respond to the situation" where four Indian nationals including an infant have lost their lives on the US-Canada border. The minister said this in a public tweet. Neither of the two missions have responded on the microblogging site till the time of filing of this report.

In a statement Thursday without identifying the victims, the Royal Canadian Mounted Police (RCMP) stated that "on the morning of January 19, 2022, RCMP officers with the Integrated Border Enforcement Team received concerning information from their counterparts in the United States".

Royal Canadian Mounted Police (RCMP) RCMP officers received concerning information from their counterparts in the United States.Wikipedia

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