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TALENT OUTFLOW
'With 50% of India’s capacity, Mumbai is the country’s data centre capital'Sanghi spoke with ET ahead of the Tech Entrepreneurs Association of Mumbai’s (TEAM) two-day event starting Friday. Others joining the discu...
India needs to raise R&D spending to 2 pc of GDP by 2035 to boost manufacturing: ReportIndia's manufacturing growth is hampered by low R&D spending, currently at 0.6% of GDP, a report highlights. To boost its manufacturing sha...
18 days. That's all it takes for a Samsung strike to crash the global AI chip market, and the whole world is holding its breathSamsung strike to crash the global AI chip market: The Samsung strike threatens global AI chip supply chains as 45,000 workers plan an 18-d...
At Samsung, the global AI boom spurred a looming strike and deep divisionsA major strike looms at Samsung Electronics over AI boom profits. Over 45,000 workers demand fair bonus distribution. The dispute could dis...
Market under pressure: IT stocks face long-term headwinds as oil crisis and AI shift weigh on sentiment: Vinit BolinjkarVinit Bolinjkar of Ventura Securities advises selling IT stocks. He highlights market risks from the Hormuz Strait crisis, foreign investor...
‘Most Indians retire asset-rich but income poor’: Edelweiss MF’s Radhika Gupta on retirement planning, SIP resilience, lifecycle funds, and simple investingOne of the industry’s most recognisable voices on investing, Radhika Gupta, MD and CEO, Edelweiss Mutual Fund, has helped shape both her fu...
Local legal eagles answer the 130-billion-dollar questionsIndian law firms are busier than ever, advising on thousands of deals worth billions. This activity spans mergers, private equity, and vent...
In blocking Meta-Manus’ $2 billion AI deal, China is trying to stem brain drainChina's NDRC has blocked Meta's $2 billion acquisition of AI firm Manus, citing "laws and regulations." This move signals Beijing's intent ...
It's not just war that brought rupee down, it needs better supportThe West Asia conflict has accelerated INR depreciation, necessitating a rethink of India's economic fundamentals. Short-term measures incl...
India Inc salary restructuring: How new labour codes and income tax rules will impact take-home pay and retirement savingsSalaried employees face uncertainty as new labor codes and tax rules loom. Companies are preparing for changes, but widespread implementati...
Russia courts foreign workers with new online scheme as labour shortages biteRussia has introduced a new digital service for foreigners seeking to live and work in the country. This initiative aims to address signifi...
ETMarkets Smart Talk| Nifty50 at 20x looks attractive, but markets are not out of the woods yet, says Ritesh TaksaliDespite recent corrections, the Nifty 50 appears reasonably valued at around 20x earnings, says Ritesh Taksali, though he warns markets are...
Taiwan probes 11 Chinese firms for illegal poaching of tech talentTaiwan said on Monday 11 Chinese firms are being investigated for alleged illegal poaching of semiconductor and other high-tech talent, ste...
South Korea launches K-STAR visa to attract global STEM talentSouth Korea has launched the K-STAR Visa Track to attract over 400 elite foreign STEM professionals annually, particularly in AI and biotec...
Trump policies may drive skilled workers out of US climate tech, warns billionaire Vinod KhoslaTech investor Vinod Khosla cautioned that restrictive immigration policies in the U.S. are hindering the nation's climate technology advanc...
'Kerala could be as rich as Taiwan if only...': Zoho CEO Sridhar Vembu to former ministerSridhar Vembu has asserted that Kerala has the potential to achieve economic prosperity akin to that of Taiwan. In response to former minis...
UBS sends Iqbal Khan to stem Credit Suisse’s private banker exits; vows retention packages for Asia staffKhan signaled during his Asia trip that relationship managers should stick around until the merger closes because UBS would be willing to o...
IT companies go all out to stop attrition of skilled young staffIT firms are providing better hikes, bonuses and promotions to employees to stem the talent outflow.
India used to be known for higher education: Former President Pranab MukherjeeThe outflow of students from India to abroad must change, and India must attract “traffic” inwards, like it did when it had institutions li...
- Rupee ends at 45.21 against USD on sustained capital outflows
At the Interbank Forex market, the local unit opened higher at 45.17/18 from yesterday's close of 45.22/23 and touched a high of 45.12.