Indian Economy (9 Viewers)

[angryindian]

This is what every salaried employee working in MNCs and the Private sector should know

 

[eastern_bhartiya]

This is what every salaried employee working in MNCs and the Private sector should know
View attachment 40405

This fact varies by industry, most senior devs in Product based companies and Managers are between 40-55.

 

[Suryavanshi]

This fact varies by industry, most senior devs in Product based companies and Managers are between 40-55.

I don't think we know how retirement will work out for IT industry since most who had joined the wave haven't retired or are on the verge of retiring besides the one who have already taken early retired

 

[Vinash]

This fact varies by industry, most senior devs in Product based companies and Managers are between 40-55.

Correct. It depends on the industry.

This doesn't apply to industries like Infra and Construction. Have 2 very close family members in L&T and both are in their late 50's and their top bosses are actually asking them to postpone their retirement.

The take is probably true for IT industry.

 

[liberalredditor]

This is what every salaried employee working in MNCs and the Private sector should know
View attachment 40405

this is what is most worrying for me, he is 52, idts that any company will hire him even though his technical knowledge is top of the grade
and i am only 19, his retirement is close, i have to buy a house also, cannot shift every couple of years. i just hope that there isnt a major recession in the next 5 years

also retirement age in pvt sector for male was 58 right?

 

[angryindian]

this is what is most worrying for me, he is 52, idts that any company will hire him even though his technical knowledge is top of the grade
and i am only 19, his retirement is close, i have to buy a house also, cannot shift every couple of years. i just hope that there isnt a major recession in the next 5 years

also retirement age in pvt sector for male was 58 right?

Most private companies set the retirement age between 58 and 65 years, with 60 being the most prevalent.

 

[angryindian]

Correct. It depends on the industry.

This doesn't apply to industries like Infra and Construction. Have 2 very close family members in L&T and both are in their late 50's and their top bosses are actually asking them to postpone their retirement.

The take is probably true for IT industry.

I had a very senior boss who was still working at 74 because he was so knowledgeable about refinery, gas piping, and pipeline designs that the company asked him to stay instead of retiring. However, these kinds of people are exceptions, not the norm.

I’ve seen many in their 40s and 50s forced to work for reduced pay or relegated to less relevant departments, or fired outright.

 

[angryindian]

No Indian University has yet managed to break into top 100 of QS world rankings, whereas there are at least 11 Chinese universities are in the list


View: https://x.com/IndianTechGuide/status/1935677573545042149

Worst of all,we have the likes of BITS Pilani, Jadavpur University,IIT Varanasi, University of Mumbai and JNU ranked lower than the little-known Shoolini University.

 

[Anants]

Worst of all,we have the likes of BITS Pilani, Jadavpur University,IIT Varanasi, University of Mumbai and JNU ranked lower than the little-known Shoolini University.

Shoolini is good university in Himachal. Though I am also surprised to see it in Ranking. I wonder what DEI stuff it had to accept to get into Ranking?

 

[liberalredditor]

No Indian University has yet managed to break into top 100 of QS world rankings, whereas there are at least 11 Chinese universities are in the list


View: https://x.com/IndianTechGuide/status/1935677573545042149

Worst of all,we have the likes of BITS Pilani, Jadavpur University,IIT Varanasi, University of Mumbai and JNU ranked lower than the little-known Shoolini University.

What a bs ranking, iisc bangalore not on top. And biggest clown iit kgp above kanpur lol . The most sadist, lazy, idiot iit ranked above an iit which is regularly working with drdo and barc. And then bits pilani not in the ranking and some bs universities like du, savitribai phule, jnu, anna etc above bits pilani lol. The university with indias only nvidia sponsored vlsi design lab not in the ranking. What a joke this qs/bs is.

 

[silentassassin265]

What a bs ranking, iisc bangalore not on top. And biggest clown iit kgp above kanpur lol . The most sadist, lazy, idiot iit ranked above an iit which is regularly working with drdo and barc. And then bits pilani not in the ranking and some bs universities like du, savitribai phule, jnu, anna etc above bits pilani lol. The university with indias only nvidia sponsored vlsi design lab not in the ranking. What a joke this qs/bs is.

The ranking is mostly based on share of international students.
Our top institutions have 50 percent reservation already and it becomes impossible for any foreign students to get in.

If we give 50 percent reservation to foreign students who are top scorers then our institutes will easily be in top 50

 

[redpanda]

View: https://x.com/NDTVProfitIndia/status/1935678027561644130


View: https://x.com/NDTVProfitIndia/status/1935678209778954562

Just look at the comment section cucks are hurt that Goyal used the right word for the Chinese dalal countries. We are more powerful than those so called ASEAN countries. No need to act soft to them.

 

[liberalredditor]

The ranking is mostly based on share of international students.
Our top institutions have 50 percent reservation already and it becomes impossible for any foreign students to get in.

If we give 50 percent reservation to foreign students who are top scorers then our institutes will easily be in top 50

I was talking about the rankings of our institute among themselves

If international students are a thing then iiit h and bits pilani should be no. 1 in india due to heavy dasa quota. But i dont understand who in their senses placed iith and bits pilani below such bs institutes

 

[angryindian]

What a bs ranking, iisc bangalore not on top. And biggest clown iit kgp above kanpur lol . The most sadist, lazy, idiot iit ranked above an iit which is regularly working with drdo and barc. And then bits pilani not in the ranking and some bs universities like du, savitribai phule, jnu, anna etc above bits pilani lol. The university with indias only nvidia sponsored vlsi design lab not in the ranking. What a joke this qs/bs is.

As long as our higher education institutions remain competitive exam and campus placement-focused instead of focusing on research,it will never break into IVY league rankings.

Nobody in the world cares if you secured rank 1 in JEE Advanced or secured a 1 crore package with Microsoft. The world cares if your university has done some path breaking research on Cancer or Alzheimer’s/Dementia or build a revolutionary AI program.

 

[ezsasa]

View: https://x.com/NDTVProfitIndia/status/1935678027561644130


View: https://x.com/NDTVProfitIndia/status/1935678209778954562

Just look at the comment section cucks are hurt that Goyal used the right word for the Chinese dalal countries. We are more powerful than those so called ASEAN countries. No need to act soft to them.

to add context to this...

just like MEA funds raisina dialogue, Ministry of commerce backs India Global forum(UK) which is sponsored by Indian corporates. the american one is called USIBC.

background is that, up until a few years ago, what used to happen was, GoI used to try to sneak in their talking points in events organised by other countries, which was not translating into effective communication because organisers and discussion moderators will have their own agendas often not in our favour. so GoI started funding own events, so that they control both the questions and answers. IGF is part of this policy.

this point goyal made at IGF london event is an extension of a western requirement which came about after chini pandemic, to diversify supply chains from china.


View: https://youtu.be/7ggCukxt9zs

 

[liberalredditor]

As long as our higher education institutions remain competitive exam and campus placement-focused instead of focusing on research,it will never break into IVY league rankings.

then pls handle crores of application being in the iit admin. competitive exams are perfect for our population scale. our competition exams are designed to eliminate at every step, which works. problem is with our industry and students who have made iits and bits a software engineer factory, most of the students are middle class, its natural they will run behind money, so core ompanies pls handover some money and see the research culture boom and coding culture decline.

 

[sauntheninja]

This is what every salaried employee working in MNCs and the Private sector should know
View attachment 40405

Its almost like they guy is trying to make you start a business and buy his courses lol. The problem with these type of statements is if you're simply a middle manager yeah you will be laid off or retired because you're easily replaceable.

Having domain knowledge means you can't be easily removed. Most of the Indian employees at this age are just trying to increase their headcount so why shouldn't companies lay these people off. Most of the managers I have worked with are useless and are just annoying to deal with

 

[Nutcracker]

No Indian University has yet managed to break into top 100 of QS world rankings, whereas there are at least 11 Chinese universities are in the list


View: https://x.com/IndianTechGuide/status/1935677573545042149

Worst of all,we have the likes of BITS Pilani, Jadavpur University,IIT Varanasi, University of Mumbai and JNU ranked lower than the little-known Shoolini University.

So what ? First Chinese Universities to ever entered in top 100 was Tshinghua and Peking in 2010s when their GDP per capita was way higher than our current.

 

[eastern_bhartiya]

then pls handle crores of application being in the iit admin. competitive exams are perfect for our population scale. our competition exams are designed to eliminate at every step, which works. problem is with our industry and students who have made iits and bits a software engineer factory, most of the students are middle class, its natural they will run behind money, so core ompanies pls handover some money and see the research culture boom and coding culture decline.

Actually we can have robust R&D infra with middle class population chasing money, issue with research in India is, there aren't enough researchers in relevant fields , mainly because we haven't yet started seriously investing academic research infrastructure, there are very few institutions that actually have bare minimum capacity to conduct research, even some tier-3 colleges in places like EU and USA have better research infra than 95% of our colleges. Research isn't done by like 5-10 super genius in a particular filed , but rather its built upon minor experiments and discoveries done by your above avg students.

 

[TopWatcher]

View: https://youtu.be/TxQOeYyppTM?si=RsmOWQsKOWOLmptI

Good insight