The sector has long gained from US work visa programmes & outsourcing of software & business services—a contentious issue for many Americans who have lost jobs to cheaper workers in India.
Global media also traces Air India's 'corporate turnaround story in sync with India’s triumphalist narrative'. But it isn't in the clear yet; losses & scepticism may be holding it back.
Labour minister had already given in-principle nod & a draft will be sent to legal department before notification is brought out, says senior official.
Pandemic-driven enthusiasm around digitisation & technology drove companies to go on hiring spree, which came to screeching halt towards later part of 2022, as workforce reductions started.
As companies call back employees to work post pandemic, rent up by 15-20 per cent as against pre-pandemic levels & as high as 30 per cent in some residential localities.
In 'Against All Odds: IT Story of India', S. Kris Gopalakrishnan, N. Dayasindhu, Krishnan Narayanan write about the history of India's IT sector over the last six years.
Some tech companies have allegedly delayed onboarding new hires indefinitely, or revoked job offers completely for 'bizarre' reasons. Distressed techies want govt to intervene.
Skilled & educated workforce, lower cost of service provided, favourable & liberalised policy framework some of the reasons behind the growth of India's ITES-BPO industry,
India believes it will take the new US govt some time to focus on key policy areas of defence and trade, so it will focus on ‘non-traditional’ areas of cooperation.
Once seen as a fading presence on India’s investment & startup picture, the state is slowly moving up the ladder, with policy reforms & infrastructure building.
Agreement signed during 17th Joint Working Group (JWG) on defence cooperation. Defence Secretary Rajesh Kumar Singh met Director General in Israeli Ministry of Defence Amir Baram Tuesday.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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