'If we want our economies to be strong, we need to invest in young people who are our future.'
Amid current geopolitical challenges and a slowdown in global growth, veteran emerging market investor Mark Mobius called India a safe haven for investors, backed by a stable government. The renowned investor, who is excited about the opportunities available in India, said the country is now the second largest in the portfolio of Mobius Capital Partners after Taiwan. Calling India a "land of opportunities and innovation", he said that his optimism about India is driven by the stable government and young demographic, with an average age of 27 years.
Salaries in India are expected to increase by 9.5 per cent in 2024, slightly lower than the actual increase of 9.7 per cent in 2023, largely in response to market dynamics, according to global professional services firm Aon plc. According to the firm's annual salary increase and turnover survey 2023-24 India, that analysed data across 1,414 companies from almost 45 industries, salary increase in India seems to have stabilised at high single digits, after the post-pandemic high increments in 2022. "The projected increase in salaries in the Indian formal sector indicates a strategic adjustment in response to the evolving economic landscape.
Among the Sensex firms, NTPC, Mahindra & Mahindra, Wipro, Kotak Mahindra Bank, Tata Steel, Asian Paints, Bharti Airtel, Power Grid, Titan and HDFC Bank were the major gainers. Bajaj Finance, Bajaj Finserv, Infosys, Tata Consultancy Services, Tata Motors and HCL Technologies were the laggards.
On Friday, Biden announced his intent to appoint 14 people to the advisory committee, which provides overall policy advice to the United States trade representative on matters of development, implementation, and administration of the US trade policy.
India improved its representation in the Times Higher Education rankings with 25 universities in the top 200. But it is far behind China which has four in the top five.
With the last quarter of 2023-24 (FY24) expected to have been soft owing to lower discretionary spend and macro uncertainty, many are hoping FY25 will be a year of recovery for the information-technology (IT) industry. The fourth quarter, January-March, is considered soft, and will continue to see the headwinds the sector has been facing. And the sector has entered the new financial year on a weak footing. Analysts are expecting Tier-I firms to report sequential growth of -1 per cent to 1.5 per cent and midcap players' growth may range between 0.7 per cent and 4 per cent.
Although the credit for acquiring the technological skill must be given to India's outstanding nuclear scientists, the decision to go nuclear was a political one that entailed clarity of vision, courage and resolve, points out Rup Narayan Das.
The statement added that Goel was removed from the post of DGP for not taking interest in departmental work.
Eighty per cent, or 60 of the 75 companies that made their debut on the mainboard this financial year, ended their listing day with gains.
Asserting that Indian democracy is a "global public good", Congress leader Rahul Gandhi has said that its "collapse" will have an impact on the world and is not in America's national interest.
Industrial Design Centre of the Indian Institute of Technology, Mumbai and Ahmedabad's National Institute of Design are among the 60 schools named in the second annual survey of the best design schools in the world compiled by Businessweek magazine, which is part of the McGraw-Hill Companies Inc.
It offers a lease of life to terminally ill patients since heart transplant still remains out of reach for most.
The other prominent gainers were Tech Mahindra, HCL Technologies, Wipro, State Bank of India and Larsen & Toubro. Bajaj Finserv, Power Grid, UltraTech Cement and HDFC Bank were among the laggards.
A student collective at the Indian Institute of Technology Bombay on Wednesday demanded the resignation of the premier institute's director against the backdrop of alleged suicide by a first-year Dalit student and allegations that he was facing caste discrimination.
In 1930, John Maynard Keynes predicted that by 2030 technology would be so advanced that three hours of work per day would suffice. Has AI brought about the transformation that Keynes predicted, asks Atanu Biswas.
Days after landing on the Moon, India will aim for the Sun on Saturday with its maiden solar expedition, as ISRO's trusted PSLV will carry the Aditya L1 mission on a 125-day voyage to the Sun.
'These companies hired in high numbers last year and are balancing that out this year by recruiting fewer freshers.'
Whether Rajeev Chandrasekhar wins or not, Thiruvananthapuram will likely never see such an interesting contest again.
The average salary received by students during campus placements for 2021-2022 was Rs 21.48 lakh per annum. The highest salary offered was $250,000.
India-France synergy is poised to open vistas of collaboration between the two countries, notes Rup Narayan Das.
A bench of Justices Ajay Rastogi and CT Ravikumar was hearing a matter relating to the maintenance of the temple.
The Saveetha Institute of Medical and Technical Sciences. The Indian School of Mines, Dhanbad. Vinay Umarji explains why these two universities have made India proud.
More and more women are making their presence felt in jobs related to sciences, technology, and engineering across organisations.
'In India, the GenAI startup ecosystem is unfolding with remarkable speed, signalling a new era of technological advancement and investment opportunities.'
'The fraud is the electronic voting machine is being manipulated by humans, and not counting the votes that is shown on VVPAT.'
India needs to unleash technological and social innovations that can usher in a new developmental model the world has not seen before, TCS Vice-Chairman S Ramadorai said.
Indian cos or academic institutions accounted for only 1,394 patent cooperation treaty applications
Hollywood is all set to use Indian technology for the first time. An erstwhile incubatee at the Centre for Innovation, Incubation and Entrepreneurship, at Indian Institute of Management, Ahmedabad, has been approached by prominent Hollywood production houses for his patented technology, which finds its application in the current film technology and also for Digital Intermediate Technology of the future.
'Valuations of midcaps and smallcaps have reached very high levels, and hence to that extent leave little margin of safety.'
'Education is disconnected from social reality and does not even attempt to solve the real problems of our country,' observe Peehu Pardeshi and Sandeep Pandey.
Nationhood is constituted by people who share a "common sense of their history" and a "common vision of their future", National Security Advisor Ajit Doval said as he released an 11-volume book series that charts different phases of the history of ancient India and its accomplishments.
The CBI action comes following a complaint from the Union home ministry.
A chargesheet filed by the Mumbai police in connection with the alleged suicide of Indian Institute of Technology Bombay (IITB) student Darshan Solanki stated that he had sought help from someone for improving his academic performance and also mentioned depression.
From the Sensex basket, Tata Consultancy Services, Nestle, Bajaj Finserv, Wipro, Maruti Suzuki India, Reliance Industries, Larsen & Toubro and NTPC were the major laggards. Tata Steel, Bajaj Finance, JSW Steel and Bharti Airtel were among the gainers.
The new uniform has been designed by the National Institute of Fashion Technology in partnership with the Indian Army.
Sujoy Guha of the Indian Institute of Technology will test a new transcervical contraceptive made from a polymer compound for its ability to incapacitate both sperm and ovum.
Prime Minister Narendra Modi, who is in the United States for a three-day state visit, has gifted an eco-friendly lab-grown 7.5 carat diamond, placed in Kashmir's exquisite Papier mache box, to First Lady Jill Biden.
If left unchecked, the 2024 elections may be infamously remembered as the election of deepfakes. The ECI has a tough task ahead, but, more importantly, it has an opportunity to become a global model for scores of countries going to polls this year, notes Ajay Kumar.
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