India’s IT services companies are not holding firms. They should focus on creating long-term value for shareholders instead of returning cash to keep share values up.
A 2024 paper found that Deloitte pays US citizens working in tax and audit 10 per cent more than H-1B holders, with ‘critics’ calling it a cost-saving mechanism.
It's not just the pay, the entire business model of IT services firms has come into question, with TCS announcing the elimination of 12,000 jobs to focus on AI-driven strategies.
International media prescribes policy changes in India to boost efficiency & streamline govt functioning. It also noted the Quad's shift toward a tougher stance on China.
Riding on the IT and telecom boom, India’s service exports have nearly doubled in a decade. It’s a bright spot amid huge trade deficit for merchandise exports.
When governments build barriers to protect companies, then consumers suffer, growth stagnates, and the entire country falls behind the rest of the world.
When Israelis pushed out Arabs in 1948, they didn’t think that embittered refugees would turn into a permanent threat to their new state. This was a catastrophic miscalculation.
ISKP, a sub-continental branch of the Islamic State, is said to have vowed to extend operations in Kashmir, on encouragement from Pakistan’s security establishment.
Pakistan’s army has been a rentier force available to a reasonable bidder. It has never come to the aid of any Muslims including Palestinians or the Gazans, except making noises here and there.
All the high-IQ software engineers move to foreign lands to build products, services, and platforms, whereas the low-IQ engineers who remain in India are incapable of building them. A classic example is Infosys, which botched the income tax portal. Another example is the IIT engineer with zero IQ responsible for third-rate Ola electric scooters
All the high-IQ software engineers move to foreign lands to build products, services, and platforms, whereas the low-IQ engineers who remain in India are incapable of building them. A classic example is Infosys, which botched the income tax portal. Another example is the IIT engineer with zero IQ responsible for third-rate Ola electric scooters