US President Donald Trump on Thursday addressed the World Economic Forum where he offered business leaders low taxes if they manufacture their products in the US, while threatening them with tariffs if they don't. Addressing the forum's Annual Meeting in Davos through video conferencing, Trump also said he is going to ask Saudi Arabia and OPEC to bring down oil prices and asserted that if prices come down Russia-Ukraine war will end immediately.
The Reserve Bank of India (RBI) has recognised the Fintech Association for Consumer Empowerment (FACE) as a self-regulatory organisation (SRO) in the fintech sector, the central bank announced on Wednesday. The banking regulator received three applications for fintech SRO. Of the remaining two applications, one has been returned by the RBI with a provision for resubmission after meeting specific requirements, while the third application is still under examination, said Governor Shaktikanta Das at the Global Fintech Fest in Mumbai.
'It is not that employee work is not happening if you don't see it.'
How have aspirations, ambitions and hopes broken down for these young men from the most advanced parts of India? asks Mihir S Sharma.
'Binary fission will happen -- startups will lead to more startups.'
An advisory in this regard will be issued by Union Health Minister Mansukh Mandaviya at a virtual meeting with the health ministers of the states and Union territories at 3 pm on Friday, the sources said.
'Our vision is to become a GenAI managed services provider.'
IT major Wipro on Friday posted a 4.6 per cent year-on-year rise in its consolidated net profit for the June quarter at Rs 3,003.2 crore. The Q1 FY25 revenue of the Bengaluru-headquartered firm, however, fell 3.8 per cent to Rs 21,963.8 crore.
The government may save over Rs 70,000 crore (Rs 700 billion) on capital and revenue expenditure allocated towards new schemes in the FY25 Budget that are yet to be implemented.
'The prime minister is talking to his Chachaji and he is crying in the PM's lap, it was such an emotional scene.'
A bench of Justices B R Gavai and Sandeep Mehta asked the AIIMS director to constitute the board and submit a report to it in two weeks.
While praising the internship scheme announced in the Budget, India Inc wants clarity on how it will be implemented. The scheme is expected to help companies address the skill gap in employment. Dheeraj Hinduja, chairman, auto major Ashok Leyland, said: "We had started an internship programme at our plant in Pantnagar, which we established in 2010 with colleges there.
Amid a spurt in COVID-19 cases in some parts of the world, Prime Minister Narendra Modi on Thursday cautioned against complacency and directed officials to strengthen the ongoing surveillance measures, especially at international airports.
'Our fractured world has been embroiled in wars and hatred, and many sessions reflect these concerns.'
UK-based metals major Vedanta Resources came under more pressure as it was revealed on Tuesday that one of its group companies, Balco, is a supplier of refined aluminum to the Indian defence sector. This information is now being used by human rights campaigners to urge investors like the Church of England to divest from Vedanta Resources to keep in line with the church's policy of not investing in companies that are involved in any way in armament production.
The US is currently Earth's most powerful country and a certain latitude of understanding -- a world view -- is popularly expected from its leadership. From a country identified with freedom, constitution, debate, democracy and the likes of Abraham Lincoln even as it had the most powerful military around, the US, following Trump's actions, seemed repositioned as militarily powerful with other qualities secondary, observes Shyam G Menon.
The two anti-submarine warfare shallow watercraft built by Garden Reach Shipbuilders and Engineers Limited were launched by Neeta Chaudhari, wife of Chief of Air Staff of Indian Air Force, Air Chief Marshal V R Chaudhari.
'I insisted only Jaideep could play Inspector Haathiram Chaudhary.' 'Yes, Jaideep is a really good actor but this was not just about the performance.' 'Even that tired walk of him reflects the mood and theme of the show.'
'We are going to need more technical people in government.' 'You can't expect a generalist to understand the complicated world of financial engineering.' 'I regret to say that most of our politicians have no competence to deal with these things. Nor is there a willingness to learn.'
'When I called the HR department, they abused me.'
What humans have -- that no machine can mimic -- is the ability to foster positive and authentic relationships with coworkers, managers and clients, says Job Van Der Voort, CEO and co-founder of Remote.
When AI is used to enhance operational efficiency, businesses can deliver the same product or service but with improved quality, faster, or even at a reduced cost
Education is high on the agenda says Pallam Raju Union minister for human resource development while revealing details about the government's upcoming Five Year Plans.
The amount of financial assistance to each state and Union Territories is based on their COVID-19 caseload.
"India's security canvas is vast, complex and multifaceted. Our active borders and equally challenging internal security threats mandate a very high level of operational preparedness," the Army chief said.
The Statue of Unity the prime minister is building in Gujarat is a disgraceful waste of resources that does nothing for India except add a big fat bill, says Mitali Saran.
The agency received Rs 911 crore to manage its affairs in the Budget Estimates for 2022-23, which was later decreased to Rs 906.59 crore in the Revised Estimates.
'Our vision for the future includes the creation of an active ecosystem, human space flight, a human space station.'
President Droupadi Murmu, in her address to the nation on Republic Day, advocated for the "One Nation One Election" initiative, emphasizing its potential to enhance governance and reduce financial burdens. She highlighted the government's efforts to eliminate remnants of colonialism, citing the replacement of British-era criminal laws with modern alternatives. Murmu also lauded India's economic progress, stressing the importance of inclusive growth and social welfare. She urged citizens to remember the sacrifices of freedom fighters and reaffirmed the significance of the Constitution in guiding India's journey towards a prosperous and equitable future.
'Both campuses and talent should brace for a low-velocity campus hiring season that might extend into the off-campus period.'
Prime Minister Narendra Modi on Thursday accused the Congress of practicing appeasement politics, saying the party's priority was "family first." He asserted that the BJP-led government operates on the principle of 'Sabka Saath, Sabka Vikas' (development for all) and prioritizes "nation first." Modi further criticized the Congress's approach to reservations, claiming it was aimed at creating divisions within the country. He highlighted the BJP's initiatives to empower marginalized communities, including the constitutional status to the OBC commission and the introduction of 10% reservation for economically backward groups.
Fast moving consumer goods (FMCG) continued to be the most sought after sector by job-seekers, a study by the human resources services firm CIEL HR Services said on Thursday. Mumbai topped the list with the highest job demand in the FMCG segment while Masters in Business Administration degree was the most preferred qualification by employers. "For freshers and mid-level employees, the sector is perceived to be offering the most promising job prospects," the study said.
The United Kingdom extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
'Ratan had the quality that JRD and Russi Mody had -- they could walk with kings and never lose the common touch.'
According to an Andhra government statement, Naidu 'reposed confidence' in the PM's leadership.
We do not whistle for Hathiram Chaudhary. And yet the bond we feel towards him is spontaneous, almost effortless. This is because he shares something of our too-ideal dreams, our wry acceptance of our limitations, our useful frustrations, and our pointless sprints, explains Sreehari Nair.
'...but subjecting our heritage to rigorous evidence-based understanding.'
India's information technology (IT) sector will witness subdued hiring in 2023-24 as macro uncertainties impact demand environment, with clients either taking a pause on spend or stopping discretionary spend, say human resource experts. To begin with, unlike earlier years, the three large IT players TCS, HCLTech, and Wipro have not provided any new hiring targets for the financial year. And Wipro has said that its hiring target will depend on the demand environment.
Bharatiya Janata Party's National Democratic Alliance partners have got five cabinet ministerial berths in the third term of Prime Minister Narendra Modi, as against none in the outgoing government, given the party's dependence on allies for a majority in the Lok Sabha.
'AI may perform tasks, but deep expertise and specialisation remain uniquely human.'
