Employee attrition in India Inc. declined in 2024 as workers prioritized stability over career moves amidst muted salary growth, with the average attrition rate falling to 17.4% from 18.1% in 2023. This trend is attributed to the current economic climate, with market uncertainties and reduced hiring demand leading employees to value job security and internal growth opportunities over significant salary increases.
Hollywood actor Michael Sheen has paid off £1 million in debt for 900 people in Port Talbot, South Wales, who were impacted by the closure of Tata Steel's blast furnace. This initiative, part of a new Channel 4 documentary, highlights Sheen's commitment to social causes and his dedication to helping communities in need.
Zerodha co-founder Nikhil Kamath, in conversation with Perplexity AI co-founder Aravind Srinivas, emphasized the importance of admitting what you don't know and asking the right questions in the face of AI's rapid advancement. Both highlighted the value of curiosity, learning, and strong support systems in navigating the complexities of this evolving field.
The Indian government convened an all-party meeting on July 21st to discuss issues ahead of the Budget Session, with Finance Minister Nirmala Sitharaman set to present the Union Budget on the first day. The Trinamool Congress will not attend the meeting due to Martyrs' Day, while the government plans to introduce six bills and seek approval for the Jammu and Kashmir budget.
Kia India has launched the latest version of its premium electric vehicle, the Kia EV6, at an ex-showroom price of INR 65.9 lakh. The upgraded model, available in a single GT Line variant with all-wheel drive, promises a superior driving experience with enhanced features, improved safety, and extended range.