Executive search firms in India have witnessed hiring fee drop by 20 to 30% in the last couple of years. Reason? Economic slowdown, executive search firms mushrooming and companies focusing on recruitment through internal resources, report Mahua Venkatesh and Himani Chandna Gurtoo.
RBI governor D Subbarao said today he expects liquidity conditions to be less uncomfortable over the next few months due to the winding down of the government's cash balances as well as the narrowing gap between deposit and credit rates.
Indian services growth eased dramatically during April as new orders came in at a much slower pace, prompting firms to rein in hiring plans, a business survey showed today.
Confused by all the hype surrounding the debate over the US bill. HT explains what it means.
India will get loan of about $6 billion from the Asian Development Bank (ADB) over the next three years for various projects including those in energy and education sectors.
Atul Kumar, a computer engineer is a role model for IT engineers in Sitapur, his hometown in UP. The 45-year-old, who holds a US green card, is living out what for many Indian geeks remains a dream.
Vivek Sinha reports.
The new US Immigration Bill decodedIndian IT companies with operations in the US are firmly in the crosshairs of the gang of eight. These companies are being seen as without friends here. Not in the administration and - more crucially now - not on the Capital Hill. Yashwant Raj reports.
With government liberalising FDI norms and setting up a system to speed up mega projects, finance minister P Chidambaram today said India story of investment is "just starting out".
Global agency Standard & Poor's today ruled out rating upgrade for India at the current juncture but said improvement in outlook was something which could be considered.
US employment rose more than expected in April and hiring was much stronger than previously thought in the prior two months, easing concerns belt-tightening in Washington was dealing a big blow to the economy.
Recession in the crisis-hit euro zone will be deeper than expected for the rest of the year, hitting even Europe’s biggest economies and leaving unemployment at record levels, the EU warned Friday.
The life insurance sector could alone garner over Rs. 7,000 crore as fresh foreign direct investment (FDI) if the government passes the long pending insurance bill, which seeks to increase FDI to 49% even if the capital base remains the same. Besides this, there could be another chunk of FDI for the general insurance segment.
The Asian Development Bank on Friday warned of an impending asset bubble burst in view of enormous liquidity pumped in by the Global Central Banks though it said it would lead to a revival of the growth process in these nations.
Finance minister P Chidambaram on Friday said that the government would be able to push through with the proposal to raise the foreign direct investment (FDI) ceiling in insurance and pension sectors.
The Reserve Bank of India (RBI) on Friday warned that the Indian economy would grow by 5.7% in 2013-14 — up from 5% in the previous year — and a more robust and sustained recovery in the broader economy would critically depend on improvement in governance and removal of structural bottlenecks.