Infosys is the only technology giant functioning in the entire North Karnataka, and if this campus is shut, the chances of other technology-based companies setting up their bases here would dwindle. Hubballi: The political mud-slinging in assembly over the future of Infosys campus in Hubballi has created uncertainty among the people of North Karnataka with regard to this IT major. Infosys is the only technology giant functioning in the entire North Karnataka, and if this campus is shut, the chances of other technology-based companies setting up their bases here would dwindle. Hubballi-Dharwad West MLA Arvind Bellad has been claiming that the campus, next to the Hubballi Airport, has not kept its word of employing more than 1,000 locals at its campus. He has been demanding action against the company for violating its agreement. However, activists, who fought for the commencement of the Infosys Hubballi development centre (DC) through their series of protest (#StartInfosysHubli), sa...
Imagine waking up to a world where the U.S. dollar (USD), the bedrock of global finance, has collapsed. This scenario may seem far-fetched, but it's a narrative often found on dubious platforms pushing gold, crypto, and extremist political views, and it occasionally creeps into mainstream discourse. The greenback has always had its external foes during the long period of its dominance—from the communist bloc and anti-colonialists to contemporary adversaries like China, Russia, and other emerging powers. Meanwhile, critics argue that mounting inflation, the rising U.S. federal deficit, and government entitlements could bring down the USD's dominance from within. Given the ever-present economic and political uncertainty of geopolitics, pundits have predicted the dollar's collapse ever since the greenback gained worldwide supremacy. They've been wrong each time—though a prognosticator needs to be right just once to gain fame in financial circles. Nevertheless, we shouldn...