2018 may be as jobless as 2017 for Indian IT

Calendar 2018 will be a year of jobless growth for Indian IT, as the industry is unlikely to show any penchant for hiring this year. On the contrary, energies will be invested in training, re-skilling and retrenching the rest.

The above message came as an unpleasant take-away for a bunch of independent tech employers, who just finished their annual hiring outlook meeting with their respective IT clients in Bangalore, Gurgaon, Noida, Pune, Chennai, Hydeabad and Thiruvanthapuram.

Pilot couple fights mid air, he slaps her

A Jet Airways flight with 324 passengers on board found itself in a bizarre situation on New Year. The captain and his co-pilot had a violent argument and at one point, he hit her and she left the cockpit, sources in the top regulatory body, Director General of Civil Aviation, said. The two have been grounded by the airline, and the pilot’s license has been cancelled, the sources said.

Las Vegas set for The tech show

The last time CES mattered to the masses may have been as far back as 2001, when Bill Gates appeared at the consumer electronics show to promote Microsoft Corp’s first Xbox. Dwayne “the Rock” Johnson, then best known as a wrestler for what was still called the WWF, exchanged catchphrases with Gates for a few minutes onstage in Las Vegas before they demoed the video game console’s top-of-the-line visuals. A year later, the first entry in the Xbox Halo franchise would become the fastest-­selling console game released to that point.

Mysuru turning mountain of trash into cash

It’s 6:30 a.m. in the Indian city of Mysuru and the streets are full of the sound of whistles blowing as workers in olive green aprons and rubber gloves begin a door-to-door search. They have come to collect one of India’s biggest untapped resources: garbage. 

H-1B visa bill has onerous conditions: Nasscom

The proposed US Bill -- Protect and Grow American Jobs -- is riddled with "onerous conditions" and places "unprecedented obligations" on both Indian IT companies and clients using H-1B visas, software body Nasscom has cautioned.

Cancer overrides body clock to survive

Cancer cells alter the body clock to boost tumour growth and survive conditions that would kill normal cells, a study has found. For tumours to grow and spread, cancer cells must make larger than normal amounts of nucleic acids and protein, so they can replicate themselves.

Yet in both normal and cancer cells that increase their synthesis of protein, a small per cent of those proteins do not fold properly. When that happens, the cell activates its unfolded protein response (UPR), which slows down the making of new proteins while the mis-folded proteins are refolded.

Talent crunch may spoil battery firms’ great lithium hope

In the global rush to supply the electric-car revolution, lithium hot spot Argentina is grappling with a shortage of talent.

Battery makers are depending on the South American nation’s high-altitude salt flats as a key new supply of the metal, with vast deposits and an investor-friendly government luring prospectors and developers.

Under president Mauricio Macri, Argentina has ambitions to become a lithium superpower, supplying as much as 45 per cent of the market, up from about 16 per cent now.

RBI may cut rates 25bps in April

The Reserve Bank of India is expected to go in for a policy rate cut of 25 bps in April next year to signal lower lending rates, which are key to the economic recovery, says a report.

According to global financial services major Bank of America Merrill Lynch (BofAML), inflation risks are “overdone” and though CPI inflation is likely to be 5.2 per cent in December 2017, it would cool down to around 4.5 per cent in the first half of 2018.