'Sachin Pilot once calculated that with a million Indians flooding the labour market every month, only an additional 12 million jobs annually could keep unemployment at the same level.' 'That's chickenfeed for the functionaries who cram my e-mail inbox every day with such a constant flow of job offers that trying to empty it is like trying to drink dry the horn connected to the ocean in Norse mythology,' says Sunanda K Datta-Ray.
Along with the US and China, India could be a big enough force in global manufacturing
"For most Americans, the beginning of April signifies the start of spring. For others, it means Opening Day of the baseball season. But for US employers, April first marks the day that US Citizenship and Immigration Services begins accepting new H-1B visa petitions for 2009," it said. "And once again, America's companies will be left in the lurch as the sparse annual allotment of H-1B visas will be reached on the very first day," the association said.
Stephen Pound, a pro-India British lawmaker on Friday said Pakistan-based terror group Lashkar-e-Tayiba blamed for the Mumbai attacks, will not give up violence even if the Kashmir dispute is resolved. "Lashkar-e-Tayiba has tasted blood. They will not give up violence even if the Kashmir dispute is resolved tomorrow," Pound, former Chairman of the Labour Friends of India, a pro-India parliamentary lobby said.
Prime Minister Narendra Modi on Friday said his government has within 100 days in office steered the economy out of a "difficult situation" and brought stability, and promised to remove roadblocks to foreign investment.
'The Kerala saga also requires a reappraisal of Nehru himself. 'The real Nehru is to be found somewhere between the syrupy panegyrics on him and the demonisation of him that is currently happening,' says Ambassador MK Bhadrakumar.
Gulf nations have postponed the six-year residency cap on foreign unskilled workers.
India on Monday said that its commitment to non-proliferation is 'second to none' and the issue of procuring uranium from Australia will come up once it firms up an international arrangement for nuclear commerce.External Affairs Minister Pranab Mukherjee, who met his Australian counterpart Stephen Smith in Canberra, also said it was too early to refer to the issue of uranium sale as political discussions back home on implementing the N-deal were still on.
British Foreign Secretary David Miliband considered to be a potential prime minister, has heaped praise on India as a 'genuine emerging power' from whom the world had 'many expectations.'"India is genuinely emerging as a power and in it the Indian diaspora is a huge source of strength" Miliband said, adding, 'we are lucky to have such a diaspora.'
British Foreign Secretary David Miliband, considered to be a potential prime minister, has heaped praise on India as a "genuine emerging power" from whom the world had "many expectations." "India is genuinely emerging as a power and in it the Indian Diaspora is a huge source of strength" Miliband said, adding "we are lucky to have such a Diaspora."
Union Finance Minister Arun Jaitley said despite a global slowdown and its impact on countries, India remains insulated from the economic fallout.
Applications for H-1B visas totalled a record 233,000 for fiscal 2016, according to figures released recently.
The current H-1B minimum wage of USD 60,000 was established in 1989 and since then has remained unchanged.
In a significant move towards labour law reform, negotiations have been reopened on the hire and fire policy with the government offering a unique scheme of insurance coverage for retrenched workers to overcome objections from trade unions.
Johnson becomes the 14th Prime Minister to be appointed by Queen Elizabeth II, the 55th to hold the post of British PM and the third in fairly quick succession since Britain voted to leave the EU in June 2016 - following on from David Cameron and Theresa May.
The Employees' Provident Fund Organisation and the Labour Ministry are in touch with the Prime Minister's Office for the purpose, a senior official said.
Foreign Trade Policy: More incentives for exports, focus on ease of trading
Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.
The BJP still does not have a majority in Upper House of Parliament, the Rajya Sabha, and this will pose hurdles to the party's legislative reform agenda
Troops from 17 countries, including Pakistan and Russia, formed part of 1000 foreign soldiers who took part in China's first military parade aimed at highlighting the excesses committed by Japanese troops against Chinese in the WW II in which according Chinese historians over 20 million people were killed, eight million forced into labour and thousands of women held as sex slaves.
A smart rebound in the stock market and sustained capital inflows restricted the rupee loss
Sharma is Head of Emerging Markets and Chief Global Strategist at Morgan Stanley Investment Management.
In a surprise move, Australia's former prime minister Kevin Rudd on Wednesday retired from politics saying "it really is time for me to zip", months after being dethroned by conservative leader Tony Abbott.
'Prime Minister Modi is from Gujarat and so does not understand the importance of the Jallianwala Bagh massacre to Punjabis,' says the British MP fighting for an apology for the Jallianwala Bagh massacre.
'Without doubt, India's success story will come up for close scrutiny when Modi's prime ministerial legacy is summed up in history.' 'A failure is simply unthinkable.' 'And the success will largely depend on national unity,' notes Ambassador M K Bhadrakumar.
The Congress leader said a 'storm' was brewing on the economic front that will cause damage and hurt many.
'Rahul Gandhi accuses the Modi government of being in thrall to corporate fat cats at the expense of farmers and other common folk. But the facts do not bear out this argument, as Indian farmers are relatively better off compared to the really wretched of the earth, the unfortunate landless, often itinerant, labourer. And since Rahul's ancestors are the ones who failed them, it is a little disingenuous of him to ignore them in his rhetorical flourishes,' says Rajeev Srinivasan.
The President said that for rapid creation of jobs in the manufacturing sector, the government will strategically promote labour-intensive manufacturing.
Do a straw poll of any business friends and you will laugh and weep at what they go through, points out Rahul Jacob.
'By holding forth on Swadeshi economics, Bhagwat is showing his intent to fight back,' says Shekhar Gupta.
Combining affordable IT with native Indian ingenuity and entrepreneurship F C Kohli believed would enable Indian small businesses match anyone and thrive.
'There is a certain irony embedded in this asymmetric geographical distribution of FDI because most state leaders have shed their inhibitions about promoting 'business' and have understood its virtues as a more cost-effective way of replacing the mai-baap welfarism that passed for economic policy till the early nineties', says Kanika Datta.
'The Chinese made their point repeatedly after August 5. They backed Pakistan more overtly than in the past.' 'Kashmir is not completely off their radar. But in order to keep the atmosphere surrounding the Chennai meeting, they did not discuss Kashmir.'
A Saudi sponsor has chopped off an Indian maid's hand, evoking strong condemnation from India which demanded that a case of attempted murder be lodged against the culprit.
Boris Johnson urged the public to contain their impatience against the lockdown.
On issues like the extradition of tycoon Vijay Mallya, which was already proceeding slowly, further delays should be expected, says Aditi Phadnis.
'We need to do more to accelerate growth.'
India's majoritarian regime is now making a dangerously fast-paced move towards theocracy, like its western counterpart did a few decades ago, warns Mohammad Sajjad.
The World Bank report said India has done well in terms of mobility in adulthood, as greater levels of urbanisation have provided more employment opportunities.
As the liquidity crunch reaches crisis levels and getting tax refunds remain a big headache, exporters saw orders fall by 15 per cent till October.
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