Edu advances hold up well despite visa, AI headwinds

Mumbai: Education lending in India is proving unexpectedly resilient. Growth remains brisk and asset quality has improved even as visa curbs for Indian students in some countries and labour-market uncertainty from artificial intelligence cloud employment prospects abroad. Data from Reserve Bank of India show education loans rising 14.8% year-on-year, with banks’ outstanding exposure reaching Rs…

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New labour codes: From layoff guidelines to timely wages; new checklist issued for employers

Labour and employement ministry has detailed a compliance checklist for employers in order to tighten accountability and minimise legal disputes. The ministry has listed almost two dozen requirements under the four labour codes: the Code on Wages, the Code on Social Security, the Industrial Relations Code and the Occupational Safety, Health and Working Conditions Code….

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Pax Silica: What is the US-led tech bloc ‘Pax Silica’ India may join? Trade agreement negotiations progress | India Business News

India likely to join US-led Pax Silica alliance (IANS) NEW DELHI: India is likely to formally join the US-led Pax Silica strategic alliance on Friday, amid efforts by New Delhi and Washington to finalise a proposed trade deal and advance other initiatives to strengthen ties.Pax Silica is an initiative aimed at building a secure, resilient…

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Qualcomm to make modules in India

New Delhi: Ramping up its India focus, US semiconductor and wireless technology company Qualcomm is all set to announce a partnership to manufacture and source automotive modules from the country. “We are expanding our relationship with India also for the beginning of advanced packaging and assembly and testing of semiconductors. And, we also want to…

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