He also said automation, machine-learning, artificial intelligence and bots are happening, both in the software and business process outsourcing sector
'The world is going to be more insular.' 'What India needs to do is develop the domestic market for domestic consumption.' 'The emphasis has to be on Bharat as against India.'
Prime Minister Narendra Modi was on Monday quoted as saying that Tuesday's expansion of his ministry will reflect "budget focus and priorities".
'Kindling the private sector's animal spirits is more important than focusing on how government can give jobs on its own.'
'Unless the economy is sound in the country how can only three movies collected so much business in a single day?'
The most experienced administrator in the country seems to have sat back and allowed bureaucrats and policemen to manage the lockdown, observes Jyoti Punwani.
'The people of India have not only challenged the ruling dispensation with the constitution, they have also opened the eyes of the leadership that sits in the Opposition.'
'If jobs do not happen, the demographic dividend we have will become a demographic disaster.'
The move, which could come as a surprise to many investors, was a nod to better prospects for economy and labor market
Possible slowdown of FII money into debt and equity markets could add pressure on currency.
The winds of nationalism laden with religion will now yield to those of concern over the stalled economy, unemployment, and a general malaise and unhappiness, predicts Shekhar Gupta.
If Amit Shah is likely to take to the home ministry like a duck to water, Nirmala Sitharaman's handling of finance will show whether she will justify the confidence which Modi has placed in her.
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
'The whole point of this idiotic movie hinges on whether Aayush Sharma who wants to act can act. Unless a singular dazed expression qualifies as talent, not by a long shot,' says Sukanya Verma.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
'What we need is right skilling, re-skilling and up-skilling.'
US job growth increased at a fairly brisk clip in October and the unemployment rate fell to a fresh six-year low of 5.8 per cent, underscoring the economy's resilience in the face of slowing global demand.
'The economy of Kashmir has collapsed.'
House Majority Leader Eric Cantor said Republicans are the only ones who acknowledge the debt crisis and have repeatedly attempted to help reverse the dangerous spending trend in Washington.
The jobless armies of youthful India are getting angrier and desperate, warns Shekhar Gupta.
'We are going to have a recession this year, maybe next year too...'
'The main reason people go to other countries is unemployment in Punjab'
Unless we bring about substantive changes, we cannot expect to alter the current situation where low-productivity and low-wage jobs dominate the landscape, the government think-tank observes.
Urban and rural FMCG sales growth data for the last five quarters show the latter outperformed the former consistently.
Based on the GDP numbers and the remarkable stability of the taka Bangladesh's Prime Minister, Sheikh Hasina, is a better manager than our 'economist prime minister',' says TVR Shenoy.
'The real problem of joblessness and democratic politics is happening here in India. And it is happening now, right before us.'
'For a country that has successfully maintained its democracy for more than seventy years now, this sudden storm of hate is highly surprising.' 'My worry is that if the debate continues like that for some more time you will have an entire generation of Indians permanently inoculated with this germ of hatred.'
'In the Indian context it is not easy for rival parties to come together, especially pre-elections.' 'Having pulled it off, they should be taken seriously.'
Demonetisation, Donald Trump's surprise victory in the US presidential elections, and the fear that US Fed may hike rates in the upcoming policy review in December have dented market sentiments, report Puneet Wadhwa & Deepak Korgaonkar.
The nomination would put Yellen on course to be the first woman to lead the institution.
March and April payrolls were revised to show 32,000 more jobs.
The S&P BSE Sensex closed at 26,190, up by 43 points and Nifty50 settled above 7,950 to end at 7,963, up by 17 points
Fiscal discipline has been maintained but toxic assets worth Rs 7 crore are a massive headache
Rupee movement, global cues key for stocks this week: Experts
She has been appointed general secretary for Uttar Pradesh (East), while Jyotiraditya Scindia holds charge of UP West.
Gold buyers in Asia were in no hurry, anticipating the market to weaken further, with premiums in India and Hong Kong picking up only modestly this week
Amidst fear of layoffs across many IT companies, Saurabh Govil, bottom left, head of Wipro's Human resources, explains who are the affected lot and why it is essential to re-skill for employees in this sector.
'Let us not say that Modi has not delivered on anything; he has delivered something and in parts substantially, but he has to also deliver on a large number of his electoral promises.'
The Cabinet approval would help more than 200 fashion and apparel brands who are lined up to enter India, including international labels such as Avva, Colin's, Damat, Tudba Deri and Dufy
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The rupee on Friday touched an all-time low of 62.03 to a dollar, spooking the equities market and dragging the Sensex down to 18,621.39 in the afternoon.
