Job mela held in Kuppam, 200 hired on spot
The job mela, which also offered pre‑placement workshops, attracted more than 500 aspirants from Chittoor, Tirupati, Annamayya, and Kadapa districts. More than 20 leading companies, including Tech Mahindra, Flipkart, MedPlus, Puma, DHL, Muthoot Finance, Suguna Foods, Raymond, Apollo Pharmacy, and Hetero, participated, recruiting candidates for roles in manufacturing, IT/ITES, BFSI, retail, education, telecom, and ed‑tech across southern States. Over 200 youth were hired on the spot, while many others were shortlisted for follow‑up interviews.
District Collector Sumit Kumar, KADA Project Director Vikas Marmat, and Government Whip and MLC Srikanth Kancharla inaugurated the event. Addressing participants, Marmat said, 'This job mela gave our youth direct access to industry experts and real opportunities.'
Manav Subodh, Founder of 1M1B, said that the platform would bridge the gap between job seekers and top recruiters and equip the youth with soft skills and career guidance, making them industry-fit.
The job mela also featured interactive sessions, focusing on orientation for the participants on how they could prepare for interviews and get acclimatised to different work cultures.
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The Print
5 hours ago
- The Print
India 'committed' to peaceful resolution of Russia-Ukraine conflict
According to the Indian readout of the call, the two leaders also reviewed the 'progress' of bilateral ties. The call comes ahead of a summit in Alaska between US President Donald Trump and Russian President Vladimir Putin on 15 August. 'I conveyed India's consistent position on the need for an early and peaceful resolution of the conflict. India remains committed to making every possible contribution in this regard, as well as to further strengthening bilateral ties with Ukraine,' Modi said in a post on social media platform X. New Delhi: Prime Minister Narendra Modi affirmed India's support for a peaceful settlement of the Russia-Ukraine conflict, during a conversation Monday with Ukrainian President Volodymyr Zelenskyy. The call between the two leaders comes amidst US' pressure on India to stop purchasing Russian oil. The two presidents are set to negotiate a settlement to pause the ongoing war started by Moscow against Kyiv in February 2022. The almost four-year conflict has Moscow sidelined by Western leaders, with the Trump-Putin summit to be the first between leaders of the two countries since 2021. 'We also discussed in detail the sanctions against Russia. I noted that it is necessary to limit the export of Russian energy, particularly oil, to reduce its potential and ability to finance the continuation of this war. It is important that every leader who has tangible leverage over Russia sends the corresponding signals to Moscow,' the Ukrainian president said in a post on X. 'It is important that every leader who has tangible leverage over Russia sends the corresponding signals to Moscow.' The two leaders also discussed a potential meeting on the margins of the United Nations meeting in New York City next month and a potential bilateral visit. Modi was expected to meet Zelenskyy at the G7 summit held in Canada a couple of months ago. However, the meeting had to be postponed. India is the second largest importer of Russian oil in the world after China. In the 2024-2025 financial year, India imported roughly $56 billion worth of oil from Russia. New Delhi's purchase of Russian oil has grown during the war, from worth around $7 billion prior to 2022 to worth over $50 billion for the last two years running. India's purchase of Russian oil increased as the G7 countries (Canada, France, Germany, Italy, Japan, the UK, the US, and the European Union) imposed a price cap, limiting Moscow's cost per barrel of oil to below $60. The system was designed to prevent shocks to the global energy markets while minimising Russian revenue from crude sale. In recent weeks, Trump took aim at New Delhi's purchase of Russian oil. On 6 August, the American President announced the imposition of 25 per cent additional tariffs on goods imported to the US from India, which is set to take effect at the end of this month. This 'penalty' tariff is above an already existing tariff rate of 25 per cent, that came into effect on 7 August. India and the US spent months negotiating a mini-trade deal after the American president first announced his reciprocal tariff policy on 2 April. However, negotiations broke down over the US' push for greater market access to India's agricultural and dairy sector. New Delhi has been willing to make certain concessions to the US in these two sectors, however, the two sides are yet to find a workable solution. Trump further called India a 'dead economy' as his ire at the stalled negotiations grew. Also Read: India lets Ukraine know that Zelenskyy's comment on Modi was 'unfounded' US push for direct talks Similarly, the American President grew frustrated over the pace of negotiations for a ceasefire deal between Moscow and Kyiv. On the campaign trail last year, Trump had promised to end the war within 24 hours of taking over as the president. However, almost eight months into his second term, the US has been unable to move Russia and Ukraine towards a ceasefire deal. The Alaska summit between Trump and Putin is a part of the US President's latest push to find a solution to the conflict. However, Ukraine has pre-emptively rejected any deal that would require it to cede territory to Russia. Moscow has sought to annex the provinces within the Donbass region including Donetsk and Luhansk, apart from staking claim to Zaporhizhia and Kherson. Russia has been in control of Crimea since 2014, another province it annexed from Ukraine. Zelenskyy has been on a diplomatic blitz, holding calls with a number of leaders in the last few days to shore up support for Ukraine's position. The European countries, including France, Germany and the UK, have come out in support of Kyiv, urging any solution to the conflict to include Ukraine at the table. However, the Kremlin believes that there is not enough on the table yet for a direct meeting between Putin and Zelenskyy. (Edited by Ajeet Tiwari) Also Read: Not the time for war, Modi says in message to Putin, advises Zelensky 'resolution not on battlefield'


Mint
11 hours ago
- Mint
China's baby subsidies are tiny but could drive domestic consumption
No longer the world's most populous nation and confronted with projections that its citizenry will dwindle significantly in a couple of generations, China is trying something new. The message is more telling than the substance. Beijing announced recently that it will subsidize households to have children. Babies born after 1 January this year will receive 3,600 yuan (about $500) annually until age three. While not a large amount, it represents a further step away from rules imposed in the 1970s that constrained fertility. There's much to be said for starting small and scaling up. It's not hard to see the money being increased—and extended to all children. The government has travelled a long way since Mao Zedong's death in 1976, when leaders prioritized economic development and poverty elimination. Smaller households were considered a route to higher standards of living, as was the case in South Korea, Singapore and a swag of other Asian success stories. They worked too well and President Xi Jinping's government is trying to address the aftermath. Also Read: India's falling fertility rate calls for fast-improving gender justice The latest shift is a step in the right direction, though not for the reasons you might expect. Officials should not anticipate a seismic expansion in the number of newborns. Seoul and Tokyo have thrown money at the issue, yet fertility remains subdued. South Korea's rate is the lowest on the planet, though it did climb a bit last year and the number of marriages jumped by 15%. Ideally, nations aspire to a fertility rate of 2.1: the number of children a woman has in her lifetime. That's the level at which society can reproduce itself. Korea's rate is 0.75. China's is likely a touch over 1, according to the United Nations. The most important aspect of Beijing's new initiative could be what it portends for future steps. The sums involved, which Bloomberg Economics puts at 0.1% of China's national budget, are hardly extravagant. If applied to all children, they would be worth 3%. And they may even have some impact. Municipal-level subsidies in the central province of Hubei were followed by a 17% jump in births, according to officials in the city of Tianmen. It's all too easy to deride initiatives as too late and probably ineffective. That doesn't mean policymakers should stop trying. (Free pre-school education is gradually being rolled out too.) Also Read: What it means to have a fertility rate of 2 The real gains from subsidies may accrue to those already alive. They may not do a huge amount for China's population, but they provide people with money to spend. Xi and his predecessors have been trying to shift the engine of the economy more toward consumption and away from exports and investment. The need has become more pressing with a property market slump, while deflation has stalked China for years. Factories are churning out a lot of products for export, but with barriers to the US being pushed up, new buyers anywhere—even in the form of parents receiving these subsidies—will be welcome. The subsidies 'mark a shift in mindset and potentially lay the groundwork for more fiscal transfers to households," Capital Economics wrote in a note. That's a more constructive story to tell than one of decline, something that all too often is lumped together with retreating fertility. Taken to an extreme, the latter can lead to calls for drastic action to avert the calamity of depopulation. This is a huge exaggeration. The world's population will peak around 2080 CE and then begin a gentle retreat. It was not too long ago that such an outcome would have been considered ideal. Also Read: India's population can be an asset in the world's war against climate change When it comes to birth rates, it is always tempting to attach ourselves to a narrative that suits our biases. When China's economy was a seemingly unstoppable force, it was easy to see plentiful and inexpensive labour as a passport to supremacy. Now that Beijing has a few problems of its own, and India's citizenry is larger, it's convenient to throw in small families as a symptom—or cause—of lost ground. Remember when Japan was globally seen as a rising star? Then a series of bank crises in the late 1990s and early 2000s dented that image. Dismal forecasts of a shrunk population were piled on. Who would make the sushi? Lee Kuan Yew, Singapore's founding prime minister, was an admirer of Japan and its revival after World War II. In his later years, Lee lamented Japan's inability to turn around what he saw as a slow moving demographic disaster. But Japan is cool again and considered a sound investment. It's in vogue to be bearish on China. Subsidies may not do much for maternity wings, but it's hard to see them as detrimental—even if the ultimate winners left diapers behind years ago. ©Bloomberg The author is a Bloomberg Opinion columnist covering Asian economies.


Time of India
2 days ago
- Time of India
Momentum sagging at UN plastic pollution treaty talks
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Productivity Tool Zero to Hero in Microsoft Excel: Complete Excel guide By Metla Sudha Sekhar View Program Finance Introduction to Technical Analysis & Candlestick Theory By Dinesh Nagpal View Program Finance Financial Literacy i e Lets Crack the Billionaire Code By CA Rahul Gupta View Program Digital Marketing Digital Marketing Masterclass by Neil Patel By Neil Patel View Program Finance Technical Analysis Demystified- A Complete Guide to Trading By Kunal Patel View Program Productivity Tool Excel Essentials to Expert: Your Complete Guide By Study at home View Program Artificial Intelligence AI For Business Professionals Batch 2 By Ansh Mehra View Program In a blunt mid-way assessment, talks chair Luis Vayas Valdivieso warned the 184 countries negotiating at the United Nations that they had to get shifting to get a deal. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This new air conditioner cools down a room in just seconds News of the Discovery Undo "Progress made has not been sufficient," Vayas told delegates. "A real push to achieve our common goal is needed," the Ecuadoran diplomat said, adding that Thursday was not a just deadline but "a date by which we must deliver. Live Events "Some articles still have unresolved issues and show little progress towards reaching a common understanding," Vayas lamented. The key fracture is between countries that want to focus on waste management and others who want a more ambitious treaty that also cuts production and eliminates use of the most toxic chemicals. And with the talks relying on finding consensus, it has become a game of brinkmanship. A diplomatic source told reporters that many informal meetings had been scrambled together for Sunday's day off to try and break the deadlock. "If nothing changes, we won't get there," the source added. Battle of the brackets Countries have reconvened in Geneva after the failure of the supposedly fifth and final round of negotiations in Busan, South Korea in 2024. After four days of talks, the draft text has ballooned from 22 to 35 pages -- with the number of brackets in the text going up near five-fold to almost 1,500 as countries insert a blizzard of conflicting wishes and ideas. The talks are mandated to look at the full life cycle of plastic , from production to pollution, but some countries are unhappy with such a wide scope. Kuwait spoke up for the so-called Like-Minded Group -- a nebulous cluster of mostly oil-producing nations which rejects production limits and wants to focus on treating waste. "Let us agree on what we can agree. Consensus must be the basis of all our decisions," Kuwait insisted. Nudging in the same direction, Saudi Arabia, speaking for the Arab Group, said the responsible way ahead was to start considering what bits of the text "may not make it to the final outcome due to irreconcilable divergence". But given how little is truly agreed on, Uruguay warned that consensus "cannot be used as a justification to not achieve our objectives". Eirik Lindebjerg, global plastics adviser for the World Wide Fund for Nature, told AFP that the Like-Minded Group's proposal was "another attempt to make it a waste management agreement ", and to stifle talks on reducing the amount of plastic in circulation. Path through the fog The UN Environment Programme is hosting the talks and swiftly called a press conference after the stock-take session. UNEP executive director Inger Andersen said a deal was "really within our grasp, even though today it might not look so". "Despite the fog of negotiations I'm really encouraged," she told reporters, insisting: "There is a pathway to success." Vayas added: "We need to accelerate. We need a better rhythm in this and we need to also work in such a way that it will be clear that we will deliver by the end." Afterwards, Bjorn Beeler, executive director at IPEN, a global network aimed at limiting toxic chemicals, told AFP: "This whole process has not been able to take decisions and is still collecting ideas. We're sleepwalking towards a cliff and if we don't wake up, we're falling off." 'Profits from poisoning' Plastic pollution is so ubiquitous that microplastics have been found on the highest mountain peaks, in the deepest ocean trench and scattered throughout almost every part of the human body. More than 400 million tonnes of plastic are produced globally each year, half of which is for single-use items. Plastic production is set to triple by 2060. Panama's negotiator Juan Monterrey Gomez took the floor to slam those countries wanting to stop the treaty from encompassing the entire life cycle of plastic. He said microplastics "are in our blood, in our lungs and in the first cry of a new-born child. Our bodies are living proof of a system that profits from poisoning us". "We cannot recycle our way out of this crisis."