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Proposed new US bill targets outsourcing, threatens India's IT engine: GTR
Updated : 4 months ago IST
A new US bill targeting outsourcing could sharply disrupt India's USD280-billion IT, BPO and Global Capability Centre (GCC) industry, which earns over 60 per cent of its revenue from the American market, the Global Trade Research Initiative (GTRI) has warned.
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HIRE Act reflects growing mindset in US that white-collar jobs should not
Updated : 4 months, 1 week ago IST
In a post on X, he said that HIRE Act reflected a growing mindset in the US that white-collar jobs should not be "lost" to India, just as blue-collar jobs were "lost" to China. This protectionist sentiment could have far-reaching implications for the India-US economic relationship.
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