Foreign Direct Investment (FDI) is critically important for India to become a $5 trillion economy, Deloitte CEO Punit Renjen said while noting that over two-fifths of the 1,200 business leaders surveyed in the US, UK, Japan and Singapore are planning additional or first-time investments in India. Referring to the survey, he said India continues to be "one of the most attractive" FDI destinations. "Despite the COVID-19 destruction, inflows hit a record high last year. "Business leaders, whom Deloitte surveyed, are preparing to make additional and first-time investments in India," Renjen said.
HR Guru Mayank Rautela offers practical advice.
Most of the large Indian IT services players, such as TCS, Infosys, Wipro, and HCL Tech, have signalled increased offshoring efforts and opting for local hires in the US, primarily to address the immigration-related challenges.
Around 275,000 migrant labourers and their family members have returned to the state. According to the state government, this number could exceed 1 million by the end of this month. As the NDA government in Bihar is scheduled to face polls at the end of this year, providing livelihoods to these people is on the top Chief Minister Nitish Kumar's agenda.
Right from the outfit to the dcor and theme, even food and activities can be customised to create a unique experience.
Firm attributes move to pandemic and legal spat with Fiat Chrysler, says it is in line with group's strategy to re-think capital allocation and drive efficiency.
Inarguably the biggest gainer in the Grand Alliance, the CPI-ML, often working in the margins of mainstream politics, had 19 candidates in the fray, most of them students and youth leaders.
'If you are so blinded by the Buy American, Hire American policy, if you are not going to be fair, consistent and welcoming, in the end America will lose out.'
Whatever the outcome from the assembly elections, what's evident is that West Bengal has entered an era of identity politics, reports Ishita Ayan Dutt.
H1-B holders in the US can rest assured that changes are soon coming which will bring both simplicity and certainty to your stay, including a potential path to citizenship: Trump.
Revenue of the Bengaluru-based firm grew 1.7 per cent to Rs 17,078 crore in the June quarter as against Rs 16,782 crore in the year-ago period.
With the economy gaining pace and large deals back on the table, chief executive officers (CEOs) of tech companies believe global tech spending will witness growth this year. According to CEO Survey by Nasscom, about 71 per cent chief executives expect global spend to grow over 4 per cent. The figure is significantly higher than the previous two years - 41 per cent and 59 per cent in 2019 and 2020, respectively. The survey also said the recovery in global tech spending will be led by the digital segment.
The recent spate of technical glitches in aircraft has prompted the Directorate General of Civil Aviation (DGCA) to issue an order on July 18, making aircraft maintenance engineers (AMEs) with category B1/B2 licences the final authorities in certifying planes. This has put the spotlight on the availability of such personnel. According to the order, airlines were resorting to frequent one-off authorisation by the Category A certifying staff at transit stations, which is not in line with existing regulatory provisions.
Stricter regulations in US forces industry to look at these countries with a market size of $300 billion
'MGNREGA is definitely like a lifeline and is the employer of the last resort'
The panchayat polls will be seen as a kind of verdict from the hinterland for Yogi Adityanath ahead of the crucial 2022 Uttar Pradesh elections.
Stating that he was "proud to be a Hindu", Patel denied speculation that he was joining the BJP.
The report also points out that a larger section of the poor and vulnerable households achieve middle-class status in urban areas in India despite the presence of a large urban informal sector.
Soumya Dalimya (17), a Class 12 student, Presha Bhattad (15), a student of Class 10, and Ditya Thapar, who is in Class 8, utilised the lockdown time to make 44 paintings. They have so far raised Rs 84,000 through the sale of their art works.
With a rise in the clout of Muslims in western Uttar Pradesh, fearful Hindus are being radicalised.
While the denial rate has dropped slightly to 21 per cent in 2019 from 24 per cent in 2018, the National Foundation for American Policy has said it is much higher for Indian IT companies like Tata Consultancy Services (TCS) and Wipro and very low for American companies like Amazon and Google. For instance, the denial rate for TCS and Infosys in 2019 was 31 per cent and 35 per cent respectively, whereas for Wipro it was 47 per cent and 37 per cent for Tech Mahindra. On the other hand, the denial rate for the new H-1B petitions in 2019 was just four per cent each for Amazon and Google. The denial rate for Microsoft during the same period was six per cent, and Facebook along with Walmart was just three per cent each.
With the hybrid model in place, employees can take advantage of the working from office to build better working relationships, trust, and comradeship.
The number of new jobs created declined by around 65 per cent to 64,000 in April-June 2017, from 185,000 in January-March 2017, according to the Labour Bureau's quarterly report on employment.
An influential immigration advocacy group representing Indian-Americans on Thursday urged the Biden administration not to issue the most sought-after H-1B work visa to any individual born in India, till the time the discriminatory country-cap on green cards or permanent legal residency is removed. The current per-country cap on issuing of green cards in the US has resulted in Indian professionals, mostly from the IT sector, having to wait for decades for their legal permanent residency. Issuing new H-1B visas to more Indians would add to this agonising painful wait for green cards, Immigration Voice said in a statement.
The bill, however, has to be passed by the Senate, wherein the Republicans enjoy a majority, before it can be signed into law by the US President Donald Trump.
At 8 million a month, times two doses, it will take us 17 years to administer the vaccine to our 800 million adults. The rollout must speed up twenty times, asserts Naushad Forbes.
The kind of jobs that will last in future are creative, people-led and social. These are the jobs that automation can't take away.
'We don't want to lead this hellish life. Enough is enough.'
Six months after the lockdown was imposed, two dozen migrant workers were interviewed across five villages of Prayagraj. As the economy opens up, most of them are either hunting for a job or desperately waiting for a phone call from their previous employers. But the bruises of the lockdown are still fresh in their minds. Somesh Jha reports.
'In the course of my interactions with him, Modi insisted that he does not believe charisma alone can sustain people's trust for long.' 'That is why Modi consistently refers to Mahatma Gandhi to contextualise his politics.' 'He believes in taking his ideas to the masses and getting their acceptance as an index of approval.'
A revealing excerpt from Ajay Singh's The Architect of the New BJP: How Narendra Modi Transformed the Party.
'India's output contraction in the previous year was among the worst in the world!'
'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.'
India must concentrate on manufacturing-led growth.
'Kanhaiya is eager to play a more active political role as a young leader of a major mainstream party.'
As the world awaits the end of the global pandemic, rural Bengal might be witnessing a recession unfolding in bits and pieces. With factories and tea gardens closing down, agricultural income falling and storm Aila ravaging a large part of deltaic West Bengal in 2010, migration gradually became a norm.
Neither Biden nor his successors can any longer ignore the threat China has come to pose to the US in both economic and military fields, observes Virendra Kapoor.
What is the lure of a government job? The answer is India's worst kept secret: Job security. And among the many government jobs desperately sought after is in the armed forces. Which is why the riots by aspiring armed forces job seekers against the government's Agnipath scheme should not really be surprising, points out Harishchandra.
Indian start-ups and software product companies are trying to attract engineers and programmers who are either stranded in India because of the lockdown or H-1B visa holders who have been laid off.
Indian IT workers accounted for nearly 90 per cent of visas issued under the intra-company transfer route
'He has attacked our enemies in their own backyard.'
