Washington, Jan 13 (IANS) US lawmakers on Monday said India is emerging not merely as a defence buyer or technology market, but as a critical partner in artificial intelligence, advanced manufacturing, and Indo-Pacific security.At a CSIS discussion, Representative Rich McCormick warned against restricting India’s access to advanced technologies. “If we start limiting access to our products, that’s going to be bad for us as a country,” he said.McCormick argued that keeping India aligned w…
Latest global competitiveness News & Updates
New Delhi, Jan 1 (IANS) Under the Credit Guarantee Scheme for Exporters (CGSE), 1,788 applications amounting to Rs 8,599 crore have been received till December 31, out of which a total of 716 applications have been sanctioned amounting to Rs 3,141 crore, which reflects a strong confidence among exporters and MSMEs, the government said on Thursday.CGSE scheme is open till March 31, 2026 or until guarantees of value upto Rs 20,000 crore are issued. The scheme is being implemented by Department of …
New Delhi, Dec 24 (IANS) The recent changes about the wage-weighted selection mechanism for H-1B visas proposed by the USA’s Department of Homeland Security represent a significant departure from the long-standing, neutral lottery system and raise important legal, economic, and operational concerns, according to a Nasscom statement issued on Wednesday. The apex trade body for India’s IT software sector pointed out that while the intent behind the proposed changes, to promote high-skill emplo…