Updated: Aug 16, 2019
The news professionals are talking about now, curated by LinkedIn’s editors. Join the conversation on today's stories in the comments.
India’s newsrooms are heavily skewed in favour of men, a News Minute study shows. The country’s top 13 dailies didn’t have any women in leadership positions as of March 2019. Besides, only 25% of articles in English papers and just 11% in Hindi dailies had bylines of women. Further, women seem to get "soft" beats like lifestyle and fashion while men hog “hard” beats such as economy and politics. Women are also under-represented on TV news, with many channels frequently hosting all-male panels for debates. Digital fares slightly better, with some newsrooms comprised of 50% or more women journalists.
Data warehouse architects, who develop scalable database models, are the best-paid techies with a median annual salary of ₹15 lakh, going up to ₹25 lakh. Senior technical leads (median: ₹15 lakh) and analytics managers (₹11.5 lakh) were next in line while project managers and lead developers rounded off the top five. A recent report by UpGrad found data scientists to be the best-paid, with five years’ experience fetching people annual salaries of ₹60-70 lakh. Earlier, LinkedIn’s Workforce Report for H2 2018 showed that software engineers, system engineers and business analysts were the most sought-after techies in India. Join the conversation.
Giving in to heavy lobbying by India Inc, the government has decided not to implement the new Corporate Social Responsibility rules. Violations will be considered civil offences and only result in monetary fines – and not the previously proposed jail term of up to three years for company executives breaking the law. Besides, a high-level panel recommended that CSR spend should qualify for tax breaks and companies should be allowed to carry forward unspent balances for 3-5 years. Earlier, reports said that firms may soon have to geotag and share pictures of their CSR projects with the government.
The worst isn’t over for India’s automakers. Passenger vehicle sales plunged 31% – the most in two decades – to 201,000 units in July, marking the 12th straight month of decreasing volumes. Sales of medium and heavy commercial vehicles fell about 38%, reflecting a broad-based slowdown in the economy. Overall, auto sales were down 18%, with all vehicle categories reporting a decline. A job crisis in the sector seems imminent: around 230,000 jobs have been lost, a million other are on the line, and nearly 300 dealerships shut even as truck drivers sit idle and workers go on long leave.
Washing machines and microwave ovens will cost 5-10% more from this month, Economic Times reports. That’s because white goods makers are rolling out new, star-labelled models in line with the government’s energy efficiency programme. The rise in end-prices is expected to be between ₹1,000 and₹3,000, with higher-capacity and 5-star rating models seeing the most hike. Besides, prices of refrigerators and air-conditioners are expected to increase by 8-10% from January, when stricter energy norms kick in.
Idea of the Day: The benefits of yoga are well-documented: Reduces stress, improves metabolism and contributes to overall wellbeing. But Influencer Devdutt Pattanaik says yoga should not be considered as a means to achieve a goal.
“The purpose of yoga is to unravel, unkot and uncrumple… The point is fluidity and not fixity, awareness and not achievement.”