Top Indian IT Firms Expect Reduced Pay Increases in FY24 Top Indian IT firms are bracing for a slowdown in pay increases for the fiscal year 2024 (FY24). This expected decline in salary increments is a departure from the previous year when employees enjoyed more generous raises. Several factors, including a global tech spending slowdown, …
Challenges in India’s Technology Job Market A Decrease in Job Availability and Uncertainty The technology sector in India, which has long been a powerhouse for job opportunities, is currently facing a significant downturn, with job availability plummeting by over 45%. This concerning decline has left fewer than 90,000 open positions across various industries, signaling uncertainty …
Virginia Tech Receives $2 Million to Research Enhanced Aquifer Recharge Researchers from the College of Engineering at Virginia Tech have secured a substantial grant of $2 million from the U.S. Environmental Protection Agency (EPA) to delve into the utilization and potential risks associated with enhanced aquifer recharge. This research initiative aims to contribute valuable insights …
The Expanding Global Space Economy A Frontier for Private Players The global space economy is on the brink of an extraordinary transformation, with projections indicating that it will experience exponential growth. Estimates suggest that the space economy, currently valued at approximately $400 billion, is poised to expand significantly, reaching a staggering $1 trillion by the …
N R Narayana Murthy’s Call for Hard Work Sparks Debate on Work-Life Balance Recently, Infosys co-founder N R Narayana Murthy stirred a social media storm with his remarks suggesting that young individuals in India should work 70 hours a week to compete with economies that have witnessed significant progress over the past few decades. While …