Weather experts warn of increasing heat waves in India, impacting daily life, business, and economy. With hotter temperatures forecasted, power demand is expected to rise, putting pressure on power generation and potentially leading to power cuts. Heat waves can also disrupt food production, impacting prices and rural demand, affecting GDP growth.
The Indian Staffing Federation (ISF) announced that Lohit Bhatia, President Workforce, Quess Corp Limited, has been re-elected as President of the Executive Board 2024-26 for his third consecutive term.
Ramani Dathi, CFO of Teamlease Services, calls for skill bridging solutions in manufacturing. He emphasizes formalization to boost productivity and address wage gaps between formal and informal sectors. Dathi further says that the main thing which we have seen is that wage inflation and formalisation are in direct proportion to each other.