Reverse brain drain: For many immigrants’ children, American dream lies in India, China
Samir Kapadia seemed to be on the rise in Washington, moving from an internship on Capitol Hill to jobs at a major foundation and a consulting firm. Yet his days, he felt, had become routine. By contrast, friends and relatives in India, his native country, all in their early-to-mid-20s, were telling him about their lives in that newly surging nation. More...
Our IT companies may relocate to other European countries, India warns UK
LONDON: India today warned the UK that its IT majors may relocate their business to other European countries, if the British government insists on tough visa rules which affect Indian IT professionals. The issue More...
Experts: Most people will make purchases via phones by 2020
Most Internet users and tech experts think cash and credit cards will become things of the past in the next decade as people turn to their mobile phones to make payments, results from a newly released survey suggest. Nearly More...
Kingfisher pilots’ deadline ends today; will they strike work?
New Delhi: Facing heat from employees, Kingfisher airlines boss Vijay Mallya promised to clear the outstanding salaries from Wednesday after tax authorities unfroze bank accounts but the staff on Monday demanded More...
Toyota Kirloskar logs 87% sales growth in March
Chennai: Indo-Japanese car venture Toyota Kirloskar Motor Pvt Ltd closed March with sales of 18,220 units, logging a growth of 87 percent over the comparable period the previous year. In a statement issued Sunday, More...
Oil higher in Asia on Chinese demand hopes
Singapore: Oil was higher in Asian trade today after figures showing a rise in manufacturing activity in China, the world’s largest energy user, analysts said. New York’s main contract, West Texas Intermediate More...
Obama Finds Oil in Markets Is Sufficient to Sideline Iran
WASHINGTON — After careful analysis of oil prices and months of negotiations, President Obama on Friday determined that there was sufficient oil in world markets to allow countries to significantly reduce their More...
Sensex posts first weekly rise in 6 weeks
Mumbai: The BSE benchmark Sensex rallied in the last day of the quarter to post their first weekly rise in six, as the government clarified that P-Note holders have no tax liability in India, and global markets More...
US stocks notch best first quarter in 14 years
New York: The bulls weren’t bullish enough. The stock market just had its best first quarter in 14 years. The surge has sent Wall Street analysts, some of whose forecasts seemed too sunny three months ago, More...
Blackberry-maker RIM plans new focus amid $125m loss
Blackberry-maker Research in Motion (RIM) has said it plans to refocus its business back onto corporate customers. The announcement came as RIM reported a quarterly loss, as revenues fell due to sharply lower smartphone More...
