India debate on 70-hour workweek: Illegal or road to greatness?
Publishing timestamp: 2023-11-06 22:34:47
Summary
The article discusses the controversy sparked by Infosys founder Narayana Murthy's statement that young Indians should work 70 hours a week to boost the country's economy. While some industry leaders agree with this sentiment, others argue for more flexibility and work-life balance. The article also highlights the current average working hours in India compared to other countries and the potential negative effects of long working hours. It concludes by cautioning against adopting China's "996" work culture and emphasizing the importance of job creation.
Sentiment: MIXED
Tickers: HSBA-GB, INFY-IN, DBSM-SG, RELIANCE-IN, HSBC,
Keywords: labor unions, labor issues, india, asia economy, reliance industries ltd, dbs group holdings ltd, jobs, business news, working mothers, infosys ltd, hsbc holdings plc, employee benefits,
Source: https://www.cnbc.com/2023/11/07/india-debate-on-70-hour-workweek-illegal-or-road-to-greatness.html