The party promised to contain inflation, pursue tax reforms and promote foreign investments.
'We want to prove to the world that they will get the best code written from a small place like Wayanad.'
India's services sector activity expanded at the strongest pace in ten-and-a-half years in October, driven by a substantial upturn in business activity amid favourable demand conditions, a monthly survey said on Wednesday. Companies indicated that a notable pick-up in new business led to the fastest expansion in output in over a decade and as a result more jobs were created, even though business confidence remained subdued due to growing inflationary concerns. The seasonally adjusted India Services Business Activity Index rose from 55.2 in September to 58.4 in October, signalling the strongest rate of growth in ten-and-a-half years.
While Indian IT has known what is coming and has a strategy ready to combat it, the same can't be said about the country and the government.
There were a lot of expectations from Narendra Modi government's maiden Budget. How did it fare?
Congress general secretary Bhanwar Jitendra Singh on Tuesday said there is no truth in the speculation of senior party leader Kamal Nath joining the Bharatiya Janata Party and claimed such talks were a creation of the media and the saffron party.
The Congress chief said if his party is elected to power, its government would spend 6 per cent of the GDP on education.
Bihar Chief Minister Nitish Kumar and his deputy Tejashwi Yadav on Friday addressed a joint political rally, the first since the two erstwhile rivals buried the hatchet and aligned nearly four months ago.
India is not producing good jobs, but creating a lot of Rs 10,000-Rs 15,000 low-paid jobs which are not fancied by degree holders. Pai suggested that India adopt the Chinese model of opening up labour-intensive industries and building infrastructure near coasts, besides investing heavily in hitech R&D to meet the aspirations of job-seekers.
'Religion and extremism is going to be a big force, a very important force, in Bangladesh's politics.'
Palanivel Thiaga Rajan was on Thursday relieved of the finance portfolio by Tamil Nadu Chief Minister M K Stalin.
The latest additions will bring the total number of UK manufacturing jobs announced by JLR over the last three years to almost 11,000.
'Interim Budget has ignited the entrepreneurial spirit.'
'Israel is counting on the United States to enter the fray on their behalf and perform destructive strikes against these targets that are beyond Israel's conventional capabilities.' 'They may well get their way if they start a war, because the United States is still committed to Israel's security, and it won't matter whether it is Trump or Harris in the White House.'
India and the 27-nation European Union are negotiating Broad based Trade and Investment Agreement since June 2007, but a breakthrough has not yet been achieved due to strong differences on several of the issues.
Two-thirds of organisations in the Indian technology sector are hiring gig workers as they respond to a changing business landscape, said a report by industry organisation NASSCOM and others on Thursday. Focus on requirement for specialised skills, employee demand and cost optimization enabled organisations to use the gig model for technology roles traditionally restricted to HR and support functions. Software development, UI/UX design, and data analytics were the top three gig skills the technology sector needed.
In the event of the BJP's poor performance in the assembly polls this year and in early 2025, Modi's hold will get further weakened because he will no longer remain the invincible electoral persona tightly controlling the machine at his disposal, asserts Nilanjan Mukhopadhyay.
While GST and insolvency laws are among the major achievements of the Modi government, the list of failures include demonetisation, toxic banks, manufacturing hiccups and most prominently bizarre job creation figures. Mihir S Sharma takes a look at the four years of Modi government.
India's services sector lost momentum in July as demand was curtailed by competitive pressures, elevated inflation and unfavourable weather, a monthly survey said on Wednesday. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. For the 12th straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.
19 per cent of all travel in India (by bus, train or air) was pilgrimage or religious travel (possibly the single largest after business and family-related travel), discovers Ambi Parameswaran.
I hope those who underestimate Rajeev Chandrasekhar will be proved wrong in this fight for Thiruvananthapuram's future, notes Rajeev Srinivasan.
India should be given credit for helping America recover from the economic crisis, says S Jaishankar, India's new Ambassador to the US.
They are in desperate need of attracting individuals with the right skills and talent.
The decision was taken during the eighth meeting of the India-Sri Lanka Joint Commission in New Delhi on Tuesday. The meeting was co-chaired by External Affairs Minister Salman Khurshid and his Sri Lankan counterpart Prof. GL Peiris.
Digitisation is changing the banking business. This shift has resulted in a change in banking job profiles.
A megacity is a metropolitan area with a total population of over 10 million people.
He said the people of Gujarat do not love him, state AAP president Gopal Italia or chief ministerial face Isudan Gadhvi but extending support because they feel AAP can resolve their issues
'Banks make money because they take the right credit calls. So they need to focus on risk mitigation rather than risk avoidance.'
Addressing a poll rally in Katihar, the former Congress president criticised the NDA government over demonetisation, migrant crisis, GST, handling of the coronavirus pandemic and the three new farm laws.
Two US lawmakers have introduced a bill in the House of Representatives that aims at granting an automatic right to H-4 visa holders to work in the country, a move which will benefit the spouses of thousands of foreigners, including Indians, and also address the labour shortage affecting American businesses. H-4 visas are issued to dependent spouses and children who accompany H-1B, H-2A, H-2B, and H-3 visa holders to the United States. Many H-4 visa holders are highly skilled people in their own right and previously had careers of their own or worked to support their families.
The commerce ministry is proposing a host of direct and indirect incentives such as deferral of import duties and exemption from export taxes to revamp Special Economic Zones through a new legislation, an official said. In the Union Budget this year, the government proposed to replace the existing law governing Special Economic Zones (SEZs) with a new legislation to enable states to become partners in 'Development of Enterprise and Service Hubs' (DESH). The official said the commerce ministry has sought views of different ministries, including finance, on the new bill.
After individuals, now even institutions like government departments, schools and companies would get unique identification numbers (UIDs) to enroll the country's residents for the UID system.
Kerala government was planning to tap the large resources of the Non-Resident Keralites through incentives and motivation, which would lead to large-scale investment into the state, Minister for Non-resident Kerala Affairs M M Hassan said on Tuesday.
'The performance of any government is benchmarked on five parameters -- India's external security, the state of the economy, social cohesion, internal security, and India's relations with the world or its foreign policy. On each of the benchmarks in the past nine years, the NDA-BJP government has come up completely short'
Enthused by improving global economic scenario and a renewed wave of reforms back in India, IT giant Infosys says it is bullish over better growth prospects of IT sector in 2013 and expects greater job creation this year.
While growth in India and China is likely to remain robust, the rest of the world risks falling back into recession if developed countries embark prematurely on fiscal austerity measures, says a United Nations report, released in New York on Thursday.
Yashwant Sinha explains where the Modi government has gone wrong in its handling of the economy.
United President Barack Obama on Wednesday proposed a 40 per cent increase in American aid to Pakistan, amounting to $1.4 billion, as part of his $3.77 trillion budget that focusses on new job creation and economic growth.
The study draws attention to the contribution of the Indian industry
