It said while Indian IT services companies were the "disruptors" and had created the modern offshoring industry, they are now incumbents, challenged by a host of specialised and niche start-ups that have emerged in the new digital environment.
The president also said one of his daughters has been given a shot of the COVID-19 vaccination. "One of my daughters got vaccinated. In fact, she took part in an experiment. After the first vaccination, she had a [body] temperature of 38 degrees [Celcius, 100 degrees Fahrenheit], the next day slightly higher than 37 [degrees], that's all," he said.
Ghana had always been expected to struggle at this World Cup after an unconvincing qualifying campaign in which a Nigerian goalkeeping howler saw them win a fortunate place in Qatar.
Tulsidas Balaram, who passed into the ages last week, was a member of the Indian football team which reached the semis at the Olympics and won an Asian Games gold medal.
Prime Minister Narendra Modi leaves for Brazil on Sunday for attending the five-nation summit of BRICS nations on July 14 and 15 which is expected to finalise the setting up of a development bank and seek reforms of the United Nations and international financial organisations.
For soccer great Diego Maradona, Cuban revolutionary Fidel Castro was more than a friend and fellow Latin American legend, he was "a second father." Maradona said Castro's death late on Friday hit him like a tennis ball to the chest served by Juan Martin del Potro, the Argentine player he cheered on in the Davis Cup final where he received the news. "I wept uncontrollably," Maradona told reporters on the sidelines of the tennis tournament. "After my father, it's the deepest sorrow I know."
Twitter users voted on Monday for Elon Musk to quit as head of the social media giant in a poll the technology tycoon ran on his future and promised to abide by its results.
India's junior men's hockey team came back strongly in the ongoing 5th Sultan of Johor Cup as they defeated Argentina 3-2 in the third league match in Johor Bahru on Wednesday.
Reliance Industries has divested its 30 per cent stake in an oil and gas block in Peru to Australia's Woodside Petroleum and Pluspetrol of Argentina to trim its overseas properties.
The US military has intensified its efforts to collect the remnants of the high-altitude surveillance balloon from China that floated over the United States over several days last week from Montana to South Carolina.
Retired English soccer star David Beckham toured potential stadium sites in Miami on Wednesday, signalling he is forging ahead with his interest in owning a new Major League franchise in the United States.
'I will resign as CEO as soon as I find someone foolish enough to take the job! After that, I will just run the software and servers teams,' he tweeted Tuesday.
Besides Surat, which will also be the world's fastest growing city during 2019-35, the other nine cities are Agra, Bengaluru Hyderabad, Nagpur, Tiruppur, Rajkot, Tiruchirappalli, Chennai and Vijayawada.
The e-invoicing system will be rolled out in a phased manner from January 1 on a voluntary and trial basis, beginning with firms with a turnover of Rs 500 crore, while businesses with a turnover of Rs 100 crore or more will be required to do it from February 1.
A summary of sports events and sports persons, who made news on Tuesday
The Zika virus, an alarming and disturbing infection that may be linked to thousands of babies being born with underdeveloped brains, is spreading through the Americas. But what is the virus, how is it spread and how can people minimise the chances of catching it?
A battle of contrasting football styles will be on view when classical Spain cross swords with a robust Mali in the semi-finals of the FIFA Under-17 World Cup, in Navi Mumbai, on Wednesday.
Some investors have questioned whether James is less attached to some parts of the media empire that his father built
'As long as we have such partners, Russia cannot be isolated.'
Uruguay made light of the absence of striker Luis Suarez to recover from a goal down and beat 2015 Copa America hosts Chile 2-1 in a friendly in Santiago.
'It's a moot point if Kailaasa will ever evolve beyond being a haven for a fugitive from justice,' notes Devangshu Datta.
WikiLeaks founder Julian Assange has said he would "soon" leave the Ecuadorian Embassy in London after being holed up at the mission for nearly two years, amid reports that he has developed life-threatening ailments that require hospitalisation.
Jeison Murillo became Colombia's unlikely hero, scoring his first international goal to give his side a 1-0 victory over Brazil.
Brazil became the second team to qualify for the knockout round of the women's World Cup on Saturday and England picked up a big win, but France suffered a shock defeat that could make their life at the tournament tougher.
As India holds its breath for the Covid vaccination to be begin, Sudhir Bisht provides a quick checklist of what you must know about the vaccines that will be administered to citizens.
Walking With Dinosaurs has nothing new to offer, feels Paloma Sharma.
T N C Rajagopalan on the new year and new worries.
Dare you look away from these stunners.
Assume that the rupee will trend lower over the next 10 years as India increases overseas sovereign exposures, and your long-term asset allocation should be geared to deal with this trend, suggests Devangshu Datta
'We need to prove to the world that quality vaccines and R&D are possible in India.'
Christine Lagarde said the prospect of rising interest rates in the US and China's slowdown are contributing to uncertainty and higher market volatility.
The Cuban government has announced nine days of mourning and has set Castro's funeral for December 4.
England manager Roy Hodgson borrowed a line from the hit movie Forrest Gump on Monday when he described his thoughts ahead of this week's draw for the World Cup.
Special 301 Report expresses concern over weak IPR laws, to conduct reviews.
'All anecdotal evidence confirms that there has been no noticeable rise in deaths across the country for want of coronavirus tests,' notes Virendra Kapoor.
The sad truth is that the debt-to-GDP ratio will shoot up close to 90 per cent in the coming year, and the fiscal deficit glide path does not promise to reduce it substantially any time soon, predicts Mihir S Sharma.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
Officials from India's biggest private refiner recently visited Iran to chalk out the details for resumption of trade ties with Tehran.
Experts point to the bitter experience of countries including Mexico, Thailand, South Korea and Russia and desist from going forward with plans of issuance of such securities. They say rather than going abroad, the country should increase participation of foreign investor in the government securities which does not have any forex risk.
The government planned to borrow 10-15 per cent of the total borrowing offshore. That works out to at least Rs 71,000 crore, or about $10.4 billion at Friday's exchange rate.
