SpiceJet lay-offs spur course correction

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SpiceJet’s recent job cuts triggered a ripple effect in the Indian aviation industry, bringing to fore the challenges faced by airlines, as also the potential for innovation and growth. Also read:Flight delays due to fog, go up in 2023 Expressing concern over the broader implications of the lay-offs, Diya Malani, Co-founder and CEO of ARTEEZ … Read more

Indian hospitality and tourism aim to generate 58.2 m jobs by 2033, seek govt support for industry status

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The hospitality and tourism sectors in India are anticipated to generate a substantial 58.2 million jobs by 2033, according to insights shared during the sixth HAI 2024 Conclave. Industry leader said that it was important to have government support in granting industry and infrastructure status to harness the full employment potential. The Hotels’ Association of … Read more

Stock market in a ‘very dangerous’ position as jobs and wages run hot, fund manager says

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A trader reacts as a screen displays the Fed rate announcement on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., January 31, 2024.  Brendan McDermid | Reuters The U.S. stock market is in a “very dangerous” spot as persistently strong jobs numbers and wage growth suggest the Federal Reserve’s … Read more