Some pertinent questions....thoughts provoked by Corona...
A seven-year bull run in commercial office space seems to be over. Covid-19 has delayed projects, softened rentals and sapped demand, with experts predicting a 17-34% drop in net absorption this year. is the real estate era of office space is over?
India’s $50 billion wedding industry – often touted as “recession-proof” – has been pummelled by the Covid-19 pandemic. Is this the end of road for grand weddings, at least in the near future?
Indian students are rethinking their foreign education plans due to the Covid-19 pandemic. Nearly 100,000 students head overseas every year, but experts forecast 40-60% to scrap their plans this time. Will the Govt college education will be in vogue again?
The lockdown is compelling people to experiment with self-grooming. E-tailers such as Flipkart, Snapdeal and Paytm Mall say epilators, razors, trimmers and hair colour are flying off the shelves and demand has soared by 8-12 times !!!!
India’s weekly unemployment rate hit an all-time high of 27.1% from 21.1%, multiple media reports say, citing data from CMIE for April 27-May 3. For the whole of April, the jobless rate stood at 23.5%, according to the economic think tank. Will it grow even more?
Staffing firm Xpheno said more than 200 director-level and above posts were available last week across job portals. Goldman Sachs, Vedanta and Capgemini said they were looking for technology and digital leaders, besides core domain specialists. Will the future job description change ?
States are hiking taxes on liquor to boost revenue and discourage consumption amid the pandemic. Delhi has levied a 70% ‘special corona fee’, Andhra Pradesh has increased alcohol prices by 75%, while Karnataka has hiked the excise duty on liquor by 6%. Still the queues becoming bigger and bigger. Will booze becomes the economy saviour?
Temasek-backed Curefit – which operates gyms in over 130 locations in India – said it was ramping up its digital fitness offerings and food and essentials delivery. Will gyms and fitness centres ever be able to recover from the Covid-19 shock?
The government’s decision to make its coronavirus contact-tracing app, Aarogya Setu, mandatory for employees has kicked off a debate. Digital rights activists claim this violates privacy rights, while the government says that information is used only to map the places visited by Covid-19 patients. Who is right? Is Govt taking people’s privacy for ride?
LinkedIn’s Workforce Confidence Index is a biweekly snapshot covering 2,254 members across India, asking how they feel about getting or holding on to a job, improving their financial situation in the next six months and their ability to progress in their careers in the next year. Enterprise employees and the self-employed have the lowest professional confidence right now, as measured across job security, finances and career outlook.Will the confidence be back?
India’s leather industry is staring at the cancellation of exports worth $1 billion due to the pandemic. Buyers from Europe and the US have scrapped orders and delayed payments for shipments received. Is this end of leather industry?
Your car buying experience will change radically in the post-Covid-19 world. Entry into showrooms will be by appointment only, and most companies are scrapping test drives in favour of digital demos. Is it a realistic development?
Business is no doubt suffering because of the pandemic, but employee productivity seems to have gone up, a Deloitte India survey of CXOs of 42 firms finds. Is it true to believe?
Coronavirus could well shrink the apparel industry to size zero, with offline sales gone and online sales curtailed because of the lockdown. To survive, fashion companies are making face masks and selling personal care essentials. Companies like Myntra, Peter England and Lifestyle are pushing WFH dressing — formal tops paired with casual bottoms. Is it the new trend?
Around 30% of IITians graduating this year remain unplaced. What would be the new ways of employment?
The central government has deferred a hike in dearness allowance for its 4.8 million employees and 6.5 million pensioners till July 2021, citing pressure on its finances. Will Govt salaries see a reduction like private sector?
The Union home ministry has allowed migrant labourers, tourists, students and pilgrims to return to their home state if they do not have coronavirus. What do you think of this move? Will they come back? How industry will respond?
A seven-year bull run in commercial office space seems to be over. Covid-19 has delayed projects, softened rentals and sapped demand, with experts predicting a 17-34% drop in net absorption this year. is the real estate era of office space is over?
India’s $50 billion wedding industry – often touted as “recession-proof” – has been pummelled by the Covid-19 pandemic. Is this the end of road for grand weddings, at least in the near future?
Indian students are rethinking their foreign education plans due to the Covid-19 pandemic. Nearly 100,000 students head overseas every year, but experts forecast 40-60% to scrap their plans this time. Will the Govt college education will be in vogue again?
The lockdown is compelling people to experiment with self-grooming. E-tailers such as Flipkart, Snapdeal and Paytm Mall say epilators, razors, trimmers and hair colour are flying off the shelves and demand has soared by 8-12 times !!!!
India’s weekly unemployment rate hit an all-time high of 27.1% from 21.1%, multiple media reports say, citing data from CMIE for April 27-May 3. For the whole of April, the jobless rate stood at 23.5%, according to the economic think tank. Will it grow even more?
Staffing firm Xpheno said more than 200 director-level and above posts were available last week across job portals. Goldman Sachs, Vedanta and Capgemini said they were looking for technology and digital leaders, besides core domain specialists. Will the future job description change ?
States are hiking taxes on liquor to boost revenue and discourage consumption amid the pandemic. Delhi has levied a 70% ‘special corona fee’, Andhra Pradesh has increased alcohol prices by 75%, while Karnataka has hiked the excise duty on liquor by 6%. Still the queues becoming bigger and bigger. Will booze becomes the economy saviour?
Temasek-backed Curefit – which operates gyms in over 130 locations in India – said it was ramping up its digital fitness offerings and food and essentials delivery. Will gyms and fitness centres ever be able to recover from the Covid-19 shock?
The government’s decision to make its coronavirus contact-tracing app, Aarogya Setu, mandatory for employees has kicked off a debate. Digital rights activists claim this violates privacy rights, while the government says that information is used only to map the places visited by Covid-19 patients. Who is right? Is Govt taking people’s privacy for ride?
LinkedIn’s Workforce Confidence Index is a biweekly snapshot covering 2,254 members across India, asking how they feel about getting or holding on to a job, improving their financial situation in the next six months and their ability to progress in their careers in the next year. Enterprise employees and the self-employed have the lowest professional confidence right now, as measured across job security, finances and career outlook.Will the confidence be back?
India’s leather industry is staring at the cancellation of exports worth $1 billion due to the pandemic. Buyers from Europe and the US have scrapped orders and delayed payments for shipments received. Is this end of leather industry?
Your car buying experience will change radically in the post-Covid-19 world. Entry into showrooms will be by appointment only, and most companies are scrapping test drives in favour of digital demos. Is it a realistic development?
Business is no doubt suffering because of the pandemic, but employee productivity seems to have gone up, a Deloitte India survey of CXOs of 42 firms finds. Is it true to believe?
Coronavirus could well shrink the apparel industry to size zero, with offline sales gone and online sales curtailed because of the lockdown. To survive, fashion companies are making face masks and selling personal care essentials. Companies like Myntra, Peter England and Lifestyle are pushing WFH dressing — formal tops paired with casual bottoms. Is it the new trend?
Around 30% of IITians graduating this year remain unplaced. What would be the new ways of employment?
The central government has deferred a hike in dearness allowance for its 4.8 million employees and 6.5 million pensioners till July 2021, citing pressure on its finances. Will Govt salaries see a reduction like private sector?
The Union home ministry has allowed migrant labourers, tourists, students and pilgrims to return to their home state if they do not have coronavirus. What do you think of this move? Will they come back? How industry will respond?
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