Is that promotion elusive? Here are some ways to land it
Securing a promotion requires understanding expectations, exceeding them, and aligning achievements with goals. Climbing the corporate ladder may take years, and not all promotions come with a pay raise. Emphasize skills, seek growth opportunities, and consistently deliver excellent performance for increased chances of promotion. Key Points
Economic TimesQuitting right after promotion? Here’s what you should know
According to a report by ADP, 29% of employees quit their jobs within the first month of getting a promotion. The report suggests that employees may quit after a promotion due to inadequate preparation, compensation, or resources. However, at the leadership level, it is uncommon for leaders to quit soon after a promotion. Key Points
Economic TimesGlobal trade fairs on cards; sectoral targets for $1 trillion exports by ’30
Officials said investment promotion arm Invest India, which is also drawing up the countrys trade strategy, has identified 100-odd companies across 30 sectors and 30 countries, and around a 100 more being shortlisted as part of the Strategic Investment Targets Initiative. Besides, sectoral targets have been set for $1 trillion goods exports by 2030. Key Points
Economic TimesQuiet promotion and its implications on your career
Quiet promotion is a new terminology being discussed in the job market. It means more work without any change in designation or salary. Though cross-functional participation and stretch goals are seen as part of employee development, quiet promotion lacks planning and reason. It could happen due to the company cutting down expenses or losing specific role employees due to attrition. Overwork, exhaustion and burnout are some of the long-term negative impacts of quiet promotion. Key Points
Economic TimesGovt to provide financial support to eligible agencies to promote GI
DPIIT is an arm of the commerce and industry ministry which deals with investments and intellectual property rights (IPRs). A GI, a kind of IPR, is primarily an agricultural, natural or manufactured product (handicraft and industrial goods) originating from a definite geographical territory. Key Points
Economic Times
Promotions, salary hikes and training are necessary to retain good employees
Taken-for-granted feelings among workers need to be minimized. Offering a step up when an employee already has one foot out the door does little for employee retention. Key Points
mintCommerce Ministry addressing issues of exports through ecommerce
We trying to address issues on seamless e-commerce for export promotion. We are in touch of the Department of Revenue, RBI, Icegate, and the Department of Post on the issues which entails remission of duties and incentives, ensuring postal bills flows into Icegate, building a regulatory system which addresses return back, etc, he was quoted by TPCI in a release. Key Points
Economic TimesCommerce ministry authorises EPCMD to issue registration-cum-membership certificates for exporters
The Commerce Ministry has authorized the newly-established Export promotion Council for Medical Devices (EPCMD) to issue registration-cum-membership certificates for exporters of specific medical items. These items include bandages, first-aid boxes, hot water bottles, ice bags, gloves, surgical garments, syringes, and stethoscopes. A Registration-cum-Membership Certificate (RCMC) is required for exporters to avail benefits under the foreign trade policy, as well as customs and excise benefits. Key Points
Economic TimesSC to hear plea against promotion of judge who convicted Rahul Gandhi, 67 others
On April 28, the Supreme Court had expressed its dissatisfaction with the HC for issuing a notification on April 18 on the transfer of the judges on a sub judice matter. According to the notification, Varma is being transferred as an additional district judge to the Rajkot district court. Key Points
The Indian ExpressInvest India ambit may include trade promotion
The revamp plan comes after the resignation of its chief executive officer and managing director Deepak Bagla last month. Invest India is under the Department for promotion of Industry and Internal Trade (DPIIT). Key Points
Economic Times
DU council approves proposals for dual degrees
The Delhi University's academic council has approved a proposal for dual degrees, allowing students to pursue two academic programmes concurrently, with one being through distance learning or online. The decision is subject to final approval from the university's executive council. The council also passed regulations linking the promotion of teachers to publications in UGC-approved journals. Two other items were deferred for consideration at a later date. | Latest News Delhi Key Points
Hindustan TimesCommerce ministry panel reviewing guidelines for elections of EPCs, FIEO to submit report by month end
The commerce ministry's committee which is reviewing eligibility criteria for election of office bearers of export promotion councils (EPCs) and apex exporters body FIEO is likely to submit its report by the end of November. The committee is expected to submit its report by the end of this month. Exporters have urged the ministry for early release of the report so elections can be conducted in the councils and FIEO as per new criteria. Key Points
Economic TimesUP cops lathi-charge frenzied Lucknow crowd at Akshay Kumar, Tiger Shroff event
Police resort to cane-charge to control crowd at Akshay Kumar and Tiger Shroff stunt event in Hussainabad. Chaos erupted during film promotion activity. Key Points
Hindustan TimesCentralised trade body to sharpen export focus
India is looking to establish a single trade body named 'Trade India' to promote exports and replace the multiple export promotion councils. Deliberations have already begun to finalize the structure and function of the proposed centralized body that is expected to bridge the gap between the government and the industry and work on a comprehensive roadmap to achieve exports of $2tn by 2030. The new body will also have a mandate to promote export products and markets, identify bottlenecks and explore trade opportunities in untapped markets, while also driving strategy and Brand India . Key Points
Economic TimesBrentford 2-1 Nottingham Forest, Brighton 6-0 Wolves: clockwatch – as it happened
Nottingham Forest suffered late heartbreak against Brentford, while Brighton thrashed tame Wolves. Scott Murray was watching. Key Points
the Guardian
Finance minister Nirmala Sitharaman's lakshya: Going deep on 'dweep'
Budget News: Finance minister Nirmala Sitharaman announces projects to boost port connectivity, infrastructure, and amenities on India's islands, including Lakshadweep. The government aims to promote Lakshadweep and other unexplored islands as tourist destinations, encouraging travel and exploration. The promotion of domestic tourism will provide employment opportunities and support local entrepreneurship. Learn more about the finance minister's plans for boosting port connectivity and tourism infrastructure. Key Points
Times Of IndiaAmazon is forcing employees to follow new office rules if they want promotion
Amazon is escalating efforts to bring corporate employees back to the office, introducing a new policy that ties promotions to adherence to the company's return-to-office mandate. According to a report by CNBC, employees who are not meeting the requirement of being in the office for at least three days a week may face diminished chances of promotion. Key Points
India TodayCommerce & industry ministry prepares plan to promote trade, investment; identifies 12 priority countries
The commerce and industry ministry has worked out a detailed plan to promote trade and investment and identified 12 countries including the US and UK for priority action, an official said. The plan was formulated by a task force comprising officials from the department of commerce, department for promotion of industry and internal trade, Indian missions abroad and Invest India. Key Points
Economic TimesPiyush Goyal to take up trade deal with Canada during visit
The dialogue will focus on various themes including strengthening the bilateral trade relationship between India and Canada, investment promotion and cooperation, green transition, including critical minerals discussion and new areas of cooperation such as promoting B2B engagements, the commerce and industry ministry said, adding that at the last MDTI meeting in March 2022, both the ministers had launched the CEPA negotiations with a possibility to have an interim agreement or Early Progress Trade Agreement. Since then, seven rounds of negotiations have been held. Key Points
Economic Times100 industrial clusters identified for infrastructure development
This is in sync with Prime Minister Narendra Modi's vision of 'area-based' development approach. The number of such clusters will go up as we move ahead, Sumita Dawra, special secretary in the Department for promotion of Industry and Internal Trade (DPIIT), told reporters here on Thursday. Key Points
Economic Times