Analysts say domestic banks' dependence on local depositors insulates them from the crisis.
'To set up a successful business, one must have a solution to an existing problem or a better way of addressing the current solution.'
'It was a harrowing experience to witness the level people stoop to in an election campaign. The Indian election process needs a total revamp if it wants honourable people to enter politics.'
Fintech and venture capital firms such as Recur Club, Razorpay and Trifecta Capital have come to the aid of homegrown start-ups caught in the crossfire of the Silicon Valley Bank fiasco. Alternative funding platform Recur Club said it was allocating $15 million to all Indian founders affected by the crisis. It will not charge any platform fee for the same.
It is altogether a new experience for the IT professionals in the city taking tractor rides.
IT services giant Infosys will start construction of a proposed software development centre in the metropolis by July 2021, West Bengal Chief Minister Mamata Banerjee said on Tuesday. The project will generate massive employment in the IT sector, she said after a cabinet meeting at the state secretariat.
Unfortunately, the best man does not always win, but I feel enriched by the experience of the campaign and getting to know Rajeev Chandrasekhar, says Ambassador T P Sreenivasan.
'We are calling for democratic accountability even as we talk about Digital India.' 'We are not against Digital India and it is important for India, but the government should not see what is applicable just to entrepreneurs but also to the vast majority of Indians who do not have the kind of advantages that many Silicon Valley entrepreneurs have.'
Prime Minister Narendra Modi will address the India-US Startup Konnect and share his vision on 'Start up India, Stand up India' as part of his US visit later this month.
The new Vande Bharat Express train is specially designed to operate seamlessly in Jammu & Kashmir's challenging winter conditions for the upcoming Katra-Srinagar rail route.
There is no shortage of books on the Microsoft founder, but this latest one is different in that it paints Mr Gates in shades of grey, leaving it to readers to make their own judgement about the man
"This is not what my grandfather sacrificed years in jail for," Ro Khanna said.
"Modi ji! Is this our Indian culture? Is this what has been taught in Vedas, Mahabharat, Ramayana and Bhagavad Gita? I am asking BJP national president Nadda ji. Is it our culture?" he asked, referring to Sarma's comments.
The US of late has seen a rise in Hinduphobia which needs to be fought because there is no place for hatred in this country, Indian-American Congressman Shri Thanedar has said, as he joined a group of Hindu leaders and organisations seeking to fight this growing hate crime against the community.
Apple Inc said it had hired over 11,000 women globally in the past year - 65 per cent more than the previous year - to boost employee diversity.
Jobs specialising in the creation and management of AI tools may witness rising salaries due to the niche expertise they require. Skills in AI research, development and the practical application of AI tools in business settings will also see strong demand.
India's tech start-ups are following Silicon Valley's lead and embracing the "fail fast" culture.
India is not reaping the benefits of demographic dividends, former RBI governor Raghuram Rajan said on Tuesday, emphasising that there is a need to focus on improving the human capital and enhancing their skill sets. "I think we are in the midst of it (demographic dividend), but the problem is we are not reaping the benefits," Rajan said at a conference on "Making India an Advanced Economy by 2047: What Will it Take" at the George Washington University in Washington DC. "That's why I said 6 per cent growth.
Just last week, Altman presented OpenAI's new roadmap to enthusiastic developers at the company's inaugural conference.
If a bank shuts down, every account holder it has will get back their money for a maximum limit of Rs 5 lakh. It was Rs 1 lakh before.
An 18,500 strong desi American crowd awaits Prime Minister Narendra Modi's address at the San Jose stadium in California.
An 18,500 strong desi American crowd awaits Prime Minister Narendra Modi's address at the San Jose stadium in California.
Tata Trusts is one of India's oldest, non-sectarian philanthropic organisations involved in areas of community development.
Considering the competition, engineering aspirants should ideally consider taking a minimum of five to seven entrance exams to maximise their chances of success and broaden their options when it comes to college, says rediffGURU Nayagam PP.
'Some of these companies are India focused, some are overseas focused and some companies are focused on both.' Ritu Jha/Rediff.com reports from California.
Silicon Valley techies and investors who were at Prime Minister Narendra Modi's Digital India dinner analyse the parlay for Ritu Jha.
The US needs to understand that it could potentially lose out on attracting several Netravalkars in the future if it curbs the influx of such industrious Indian immigrants, argues Vishal Menon.
The broader economy risks a potential flight of foreign portfolio capital, therefore pressure on the rupee and more bad news on the stock market, warns T N Ninan.
Reserve Bank governor Shaktikanta Das on Friday cautioned banks against any build-up of asset-liability mismatches, saying both are detrimental to financial stability and hinted that the ongoing crisis in the US banking system seems to have emanated from such mismatches. Delivering the annual KP Hormis (Federal Bank founder) commemorative lecture in Kochi this evening, the governor was quick to acknowledge and assure that the domestic financial sector is stable and the worst of inflation is behind us. Amid the continuing volatility in exchange rates, especially due to the excessive appreciation of the US dollar, and its impact on the external debt servicing ability of nations, Das said, "We have nothing to fear as our external debt is manageable and thus appreciation of the greenback does not pose any problem to us."
Backed by top IT companies of the Silicon Valley, Indian-American Rohit "Ro" Khanna hopes to get second-time lucky in his effort to enter the US House of Representatives against Democratic Party's sitting lawmaker.
'I think of that young baby, still in her diapers, balancing with her arms held up by her mother, a Tamil woman wearing a salwar kameez and a dupatta, seated on a stoop,' recalls Aseem Chhabra.
Let's take a look at some of the biggest technology hubs in the world.
Osaka delighted to have father back in coaching role
'Everybody is excited about the New York event. Everybody wants to see him.' 'Imagine traveling from as far as the West Coast, it's a testament to Modiji.'
India's Silicon Valley, Bengaluru, which has a high population of expatriates driven by the information technology sector, is getting more reasonable on cost of living
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