Employees work at the headquarters of security system developer Staqu Technologies in Gurugram, India. Bloomberg | Bloomberg | Getty Images India is facing a youth unemployment problem as a decline in white-collar jobs in its information technology sector has left many fresh graduates and young people unemployed. In the October to December period last year, … Read more
An aerial view shows workers taking down a collapsed building in eastern Taiwan’s Hualien county following an earthquake/ Sam Yeh | Afp | Getty Images Taiwan Semiconductor Manufacturing Co evacuated some production lines after a major earthquake hit Taiwan early Wednesday. The island was rocked by a massive earthquake that collapsed buildings and prompted tsunami advisories from Japan … Read more
Workers at the Lava mobile phone manufacturing facility in Noida, India. Hindustan Times | Hindustan Times | Getty Images India wants to be the top manufacturer in Asia as companies shift away from China, but first it needs to lower taxes and improve supply chain efficiency if it wants to dethrone Vietnam. The U.S. has … Read more
NEW DELHI — After the Indian government last week arrested opposition leader Arvind Kejriwal in a case of alleged corruption just weeks before a national election, U.S. and German officials issued public statements gently reminding India about the importance of the rule of law. The response from New Delhi was anything but gentle. Instead, it … Read more
By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. But yet, the partners leading the firm’s early-stage accelerator program, called Atoms, are uncharacteristically introspective about their learnings and the changes they have been implementing to … Read more
With 92 billionaires, Mumbai ranks third behind New York and London, but ahead of Beijing, and Shanghai. Tuul & Bruno Morandi | The Image Bank | Getty Images Move over, Beijing. Mumbai is now the Asian capital with the most number of billionaires, overtaking Beijing, according to Hurun Research Institute’s global rich list. This is … Read more
An undated editorial illustration of the Indian rupee and the Indian flag. Anand Purohit | Moment | Getty Images The decision to include Indian government bonds in two prominent global indexes recently is being viewed as a shot in the arm for the rapidly growing country and is expected to bring in billions of inflows. … Read more
BENGALURU, India — Abinaya Tamilarasu said her four cows are part of the family. She has a degree in commerce from a local college, but prefers being home milking cows and tending to her family’s land. “Our family cannot let farming go, it’s a way of life for us,” said the 28-year-old, who lives on … Read more
A tableau of Arunachal Pradesh state during the Republic Day parade along Kartavya Path in New Delhi, India, on Friday, Jan. 26, 2024. India’s Republic Day marks the anniversary of when the country’s secular constitution came into effect in 1950. Bloomberg | Bloomberg | Getty Images The U.S. has rejected China’s “unilateral attempts” to advance … Read more
Crypto exchange OKX is ceasing services for users in India, it said in an email to customers Thursday, advising them to withdraw their funds by April-end. The move follows Apple and Google pulling the eponymous app of OKX in the country after an Indian government agency said many crypto exchanges were operating illegally in the … Read more