Skilling

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Public credit registry better for SMEs, not special norms, says RBI deputy governor Viral Acharya
Business

Public credit registry better for SMEs, not special norms, says RBI deputy governor Viral Acharya

Viral Acharya said the RBI is putting together a public credit registry that will give banks the entire profile, including past loan details, and also regular income flows of borrowers.

India’s demographic advantage is shrinking fast, country has 12 years to reach developed phase: SBI's Soumya Kanti Ghosh
Business

India’s demographic advantage is shrinking fast, country has 12 years to reach developed phase: SBI's Soumya Kanti Ghosh

India has a limited window [of a decade] for becoming a developed economy unless we get our policies and priorities right.

Tech Mahindra expects 30-40% growth in cyber security business in next 3 years; to focus on Indian market initially
Business

Tech Mahindra expects 30-40% growth in cyber security business in next 3 years; to focus on Indian market initially

Under the partnership, Tech Mahindra plans to develop internal capability to handle cyber security solution and further train people to grow business.

US unemployment rate is at lowest level since 1969 when it reached 3.5 percent; 'prosperity is new normal' claims White House
World

US unemployment rate is at lowest level since 1969 when it reached 3.5 percent; 'prosperity is new normal' claims White House

The U.S. unemployment rate fell to 3.7 percent in September — the lowest level since December 1969 — while hiring slowed.

Despatches from an H1B wasteland amid India-US 2+2 talks: How a non-immigrant work permit has occupied frontlines of US politics
World

Despatches from an H1B wasteland amid India-US 2+2 talks: How a non-immigrant work permit has occupied frontlines of US politics

Behind the present day backlash on H-1B visas are cold, hard numbers that say the H-1B cost advantage has vanished, especially if you add the cost of nuisance value which comes bundled with the H-1B process

US midterm elections 2018: Top data cruncher bullish on Democrats' edge, gives party 3 in 4 chance of taking House majority
World

US midterm elections 2018: Top data cruncher bullish on Democrats' edge, gives party 3 in 4 chance of taking House majority

America’s best known data cruncher on elections Nate Silver is bullish on Democrats winning the House at the midterm elections 2018. FiveThirtyEight is giving Democrats a 3 in 4 chance of winning enough seats for a majority and it comes with a big caveat: “Relatively small shifts could allow Republicans to keep control of the House, or could turn a blue wave into a tsunami.”

US midterm elections 2018: Donald Trump predicts hardline immigration agenda will power Republicans to victory; says America will see a 'red wave'
World

US midterm elections 2018: Donald Trump predicts hardline immigration agenda will power Republicans to victory; says America will see a 'red wave'

US president Donald Trump sharply accused congressional Democrats of allowing open borders and crime to fester, using a White House event on Monday to stoke a fall campaign fight over immigration and the U.S. southern border.

Donald Trump embraces racially tinged rhetoric in midterm election season, hoping for strong conservative turnout
World

Donald Trump embraces racially tinged rhetoric in midterm election season, hoping for strong conservative turnout

Democrats are pinning their hopes of flipping control of Congress on mobilizing liberals and minorities, particularly black voters. And Republicans' best chance of holding off a Democratic wave is strong turnout among the conservative white voters who helped sweep Trump into office and often cheer his willingness to dive into hot-button issues with racial overtones.

In US midterm election season, Donald Trump economic fiction on 'record' GDP and jobs cites figures that don't exist
World

In US midterm election season, Donald Trump economic fiction on 'record' GDP and jobs cites figures that don't exist

US President Donald Trump is distorting the truth on U.S. economic growth and jobs, pointing to record-breaking figures that don't exist and not telling the full story on black unemployment. He cites the highest-ever gross domestic product for the US that's not there and predicts a spectacular 5 percent annual growth rate in the current quarter that hardly any economist sees.

Don't fear job loss; new-age technologies will not remove humans from workspace, say experts
Business

Don't fear job loss; new-age technologies will not remove humans from workspace, say experts

While technologies will eliminate some jobs, it will also create some jobs that will support the "automation economy".

Ahead of RBI policy, Surjit Bhalla wants MPC to cut rate by 200 bps, says central bank shouldn't be carried away by 6.3% GDP
Business

Ahead of RBI policy, Surjit Bhalla wants MPC to cut rate by 200 bps, says central bank shouldn't be carried away by 6.3% GDP

The RBI MPC’s reluctance to cut rate means that no businesses can survive as the cost of working capital is high and no entrepreneur will be willing to hire new people, Surjit Bhalla said.

Infosys fortifies partnership with Udacity to improve skill training for new hires
News & Analysis

Infosys fortifies partnership with Udacity to improve skill training for new hires

The joint endeavour, aimed at accelerating the pace of skill adoption in the new batch of trainees of Infosys, offers a nanodegree programme online.