Experts call for consistency in government policies to enable Indian exporters to frame a long-term strategy.
Speaking about the field that India could enter when it came to commercial application of nano science and technology, Rao suggested that India foray into manufacturing sensors.
"We have 4,000 professionals in India today, we will increase it to 7,000 over the next three to four years," Bill Gates said at the CII-CEO Forum in New Delhi.
Prime Minister Narendra Modi on Wednesday asked states to make full use of the expanded COVID-19 testing capacity and saving lives a top priority as India recorded the highest ever spike of 2,003 coronavirus deaths after Maharashtra and Delhi added earlier fatalities not attributed to the disease.
Amid a scare about the spread of the Omicron variant, Delhi recorded 331 fresh coronavirus cases on Monday, the highest single-day rise since June 9, and one death in the past 24 hours, while the positivity rate mounted to 0.68 per cent, according to data shared by the city health department.
The country's top carmaker Maruti Suzuki India (MSI) on Wednesday said it has decided to advance maintenance shutdown at its two Haryana-based manufacturing plants by a month amid a surge in the COVID-19 cases across the country. The auto major was supposed to take the shutdown at its two plants in Gurugram and Manesar in June, but due to the tsunami of COVID-19 cases, it decided to take it one month earlier to save oxygen for medical needs. MSI noted that as part of the car manufacturing process, it uses a small amount of oxygen in its factories, while relatively much larger quantities are used by the manufacturers of components.
India has the world's largest treasure-trove of skilled manpower and is on the way to become a global IT powerhouse.
"The Indian Medical Association has requested all its 3.5 lakh members in 1,800 local branches to voluntarily come out to get vaccinated first to show the world that these vaccines are safe and efficacious," it said.
The other countries where the prospects are positive are Japan, Singapore, Peru, South Africa, Argentina, Australia and New Zealand.
Amid a surge in COVID-19 cases in the country, the Indian Medical Association has written to Prime Minister Narendra Modi suggesting that vaccination be allowed for all people above the age of 18 years.
'The jobs that are being created now are the delivery boy jobs which are of extremely poor quality, or contractual jobs where you hire a person on a per piece basis.'
Only investors who understand the significance of ESG investing should enter these funds for the long term, advises Sarbajeet K Sen.
IT giant Cognizant would be investing around $76 million across its centres in India.
The staff cost of India Inc is increasing at a faster rate of 22 per cent than the growth in net profit and total income coming on the back of accretion in the headcount as also the higher pay packets, according to Assocham.
India urgently faces a shortage of around 200,000 IT and ITeS professionals. The shortage is bound to grow to 3.6 million in the next eight years.
Smaller cities like Pune and Noida score better than 'Vibrant' Gujarat's Ahmedabad.
The preliminary processing of tax returns is already undertaken with the help of technology. There is now greater scope of using more technology to reduce the human interface even further, notes A K Bhattacharya.
Foreign banks set the template in consumer banking in its infancy, but have almost vacated this booming space.
Analysts are of the opinion that 55 may emerge as the new age to retire for techies in India
The centres will have well-trained scientific manpower, advanced radiation measuring and monitoring instruments, software and other emergency material.
'At this point, neither the army or the IAF has that immediate, punitive deterrent power against Pakistan.' 'Forget a three-week war; on the LoC, where the action is, Pakistan has until now fielded better infantry weapons, body armour, sniper rifles, and matching artillery' points out Shekhar Gupta.
While the infection has been mild in most reported cases, those below two years of age are showing signs of acute infection.
Company managements need to "curtail the kind of expenditures on themselves personally" with the COVID-19 pandemic highlighting the need to build internal resources with a frugal style of functioning, Maruti Suzuki India chairman R C Bhargava said on Tuesday. Addressing shareholders in the company's annual general meeting held virtually, he also termed as "a good development for the whole of industry" recent shareholder actions that did not approve expenditures by management on themselves, without specifying details. In the wake of the pandemic, building internal resources has to become a priority of industry and companies.
This crisis has arisen just as demand in India's auto sector started seeing some sort of revival after the nationwide lockdown in March/April.
Manpower shortage in India's high potential, high-growth ITES-BPO industry by 2009 is estimated to be 2.62 lakh people, officials said on Tuesday.
The existing strategies are based on one-size-fits-all approach.
Piyush Goyal is leading a delegation to deliberate with Australia.
While Covid-related sales may come down going ahead, analysts expect the company's domestic sales to outperform the market, led by the chronics portfolio, which accounts for 55 per cent of sales.
7 million jobs will be created in formal sector in FY18
In this weekly self-help series, mental health and life coach Anu Krishna tells you how to take control of your life.
India serves as the company's R&D hub as it morphs into a health tech major.
Amidst spiralling violence in Libya, India's mission in Tripoli on Monday advised all its nationals to leave the strife-torn country using all available means and not to travel to that country.
The situation that developed in eastern Ladakh last year required acclimatisation of a large number of IAF personnel and stretching of equipment to limits, but the force is "much better prepared" now in case there is a "long haul", Chief of Air Staff Air Chief Marshal V R Chaudhari said on Thursday.
The airline had made new pilots sign a bond of Rs 2.5 lakh to Rs 14 lakh in the recent past.
'In India foreign policy is generally handled by the prime minister.' 'One can clearly see the Vajpayee stamp on all this.' 'Only a person with poetic imagination can weave such a complex web,' says Colonel Anil A Athale (retd).
Ford is among several multinational automobile companies in India for whom exports now bring bigger volumes than local sales.
'Investigation directorates have intensified actions in detecting serious irregularities.' 'They are seriously handicapped because of non-availability of manpower.'
Korean major Samsung Electronics plans to invest $5 million in its research and development facility in India and more than double manpower to 300 next year.
