Editorials Opinion
When Union Commerce Minister Piyush Goyal chose to publicly sneer at India’s platform economy, questioning whether the country should be proud of “delivery boys” instead of manufacturing entrepreneurs, he was not making a throwaway comment. He was revealing how disconnected parts of India’s political leadership are from the economy they claim to manage. Fresh economic […]
Business
Microsoft India and South Asia President Puneet Chandok has said artificial intelligence will transform how jobs are performed rather than eliminate them, pushing back against fears of large-scale job losses due to automation. Speaking on the impact of AI on the workforce, Chandok said technology has historically changed the nature of work and AI will […]
Business
Amazon is reducing approximately 14,000 corporate positions globally, with nearly 700 jobs cut in New York City alone, as part of a wide-ranging overhaul of its workforce. The company states the changes focus on streamlining operations and realigning roles rather than solely cost-cutting. The NYC reductions affect executive and corporate offices, not warehouse or delivery
Business
Amazon is preparing to reduce its reliance on human workers by automating a large share of its U.S. operations. According to internal planning documents, the company aims to replace around 600,000 jobs by 2033 with robotics and artificial intelligence. A phased target reportedly includes eliminating 160,000 positions by 2027. Company’s Clarification Responding to reports,
Op-Eds Opinion
The numbers are staggering. TCS, India’s largest IT services company, reported a headcount drop of nearly 20,000 employees in just one quarter. Attrition has actually fallen, so these exits cannot be explained away as voluntary churn. Instead, they signal a deeper restructuring—one that threatens to set off ripples across India’s white-collar job market. And yet, […]
Op-Eds Opinion
India has long depended on imported liquefied natural gas (LNG) to meet part of its electricity demand, even though gas-based power contributes only a small share of the overall mix. This dependence comes at a steep cost, both financially and strategically. In 2024, India imported nearly 37 billion cubic meters (bcm) of LNG, worth around […]
International
Netflix co-founder Reed Hastings has backed President Donald Trump’s move to impose a $100,000 fee on new H-1B visa applications. He said the measure would ensure visas go to “very high-value jobs,” reducing dependence on the lottery system and offering greater certainty to companies and workers. His Experience with H-1B Policy Hastings noted that he […]