NATIONAL India's forex reserves surge by $ 1.6 billion India's foreign exchange reserves surged further by $ 1,609 million to cross the $ 106 billion mark for the week ended February six.
INTERNATIONAL HP chairman Carly slams outsourcing backlash Hewlett-Packard chairman Carly Florina has deplored current outcry against outsourcing to countries like India, China and Russia, saying more jobs should be created in the sectors where the US has and will continue to have competitive advantage.
Outsourcing to create more skilled jobs in US: Bush Keeping the November two elections in mind, US President George W Bush has said that the answer to loss of some jobs due to outsourcing to countries like India was to create more skilled jobs at home.