India Inc may give up to 20pc pay hike to staff in 2012
Employees in India seem to have a reason to cheer despite the prevailing economic uncertainties, as they could get pay hikes of as much as 20 per cent this year, as per two different salary surveys re
India world's 19th most exposed country to global risks
A robust economic growth seems to have made little improvement to India's ability to withstand major external shocks, making it the most exposed and least resilient BRIC nation to the global risks.
No tax breaks for outsourcing jobs: Obama
Keeping up his tirade against outsourcing, US President Barack Obama said on Saturday that firms shipping jobs off shores should be denied tax breaks if manufacturing is to be brought back to America
China plans to create 45 million jobs in 2011-15 period
China on Wednesday put forth a plan to boost employment during the 2011-15 period, which aims to create 45 million jobs and keep the registered urban unemployment rate within 5 per cent.
Authorities
India to US: Don't set back IT success story, ease visas
Voicing concern over protectionism, India has asked the US to address issues faced by Indian IT professionals, who pay $15 billion in taxes, and reminded Washington that this 'success story' should no
Many Indians willing to go overseas even for 10% hike: Survey
More than a quarter of employees in India are willing to relocate overseas for two to three years even if they get a 10 per cent pay hike, says a survey.
"About 28 per cent of employees in India str
Anti-outsourcing move will hurt US: Mukherjee
The anti-outsourcing measures US President Barack Obama announced last week are unacceptable and will hurt both American and Indian economies, Finance Minister Pranab Mukherjee has said.
Talking to m
600 million new jobs needed in next 10 years says ILO
The International Labour Organization has released a pessimistic report for the global jobs market in 2012 saying urgent attention is needed to create 600 million new jobs in the next 10 years.
"Des
Obama vows to create more jobs for Americans
US President Barack Obama has vowed to continue his efforts to create more jobs amid heartening news that the unemployment rate has declined to its lowest level in nearly three years.
Barack Obama to businesses: Bring jobs home
President Barack Obama kicked off an effort to encourage businesses to keep jobs at home instead of outsourcing them overseas, as he rolled out a new election-year theme on Saturday aimed at courting