41–50 of 102 posts
As an Indian - good! This will help the local IT industry tremendously.
As an Indian - good! This will help the local IT industry tremendously.
BHIM (Bharat Interface for Money) developed by National Payments Corporation of India.
- Transferring money from one personal account to any new account (adding a beneficiary account) would take more than 4 hours.
- One needs to login each and every time to transfer money.
- There is a chance of forgetting password and account being locked on multiple tries.
- Extra charges for transferring money.
All this problems were solved by BHIM new UPI (Unified Payments Interface).
- Linking bank account with app (takes less than 1 minute)
- Transferring money doesn't have any extra charges
- No password, but 4 to 6 digit pin for transaction.
- Safe, transaction can be done only from mobile which is linked with bank.
Additional benefits,
There is no need to give personal information, one can provide UPI address or Virtual UPI address.
In Google Pay app,
If my Gmail account is xyz@gmail.com
Then my UPI would be, xyz@ok{bankname}
If my bank is SBI,Then my UPI is xyz@oksbi
Mentioning this address, anybody can make a payment or request one.
Edit: Formatting
Earlier quoted context omitted.
Yes and no. Yes, because it directly affects the business of large outsourcing companies. It also drops remittances, one of the largest sources of dollars for India. No, because for many decades, India has been trying to keep their smartest citizens to build their own country. Making local companies, serving at local hospitals, teaching at local schools and universities. They want their own Google, Microsoft, Sun Mic…
Help me understand the first part. Why do you need a US visa (well, THAT visa - I understand a 'fly over for a meeting' visiting visa) as an outsourcing company? What I mean is: How are the outsourcing companies affected by this?
Earlier quoted context omitted.
Putting arbitrary caps on visas isn't a great way to do this though. A lot of startups in India are founded & staffed by Indian folks who got their experience, capital and connections working in the US.
Tell that to Trump. He can't see a win-win when it stares at him.
Capping H1B is classic Trump and threatening to cap it based on complaisance with a particular pro-US policy goal, doubly so.
Fundamentally, Trump believes America has tremendous amounts of value that it “gives away” too freely to competing countries in terms of access to our education, employment, and markets (visas and trade). He’s willing to leverage the value of cheap visas and cheap trade to obtain foreign policy goals.
lol. If you don't change your data rules, we'll shoot ourselves in the foot by removing the cheap labor that we've become addicted to.
It would be a good thing in the long term. Too many programming jobs are taken up by things like this, especially jobs for fresh college grads. I wouldn't mind harsh limitations on all software offshoring/worker importing in general.
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> America ... supported the genocide of millions of people 1972 just to spite India. Mind expanding on that? How did the genocide in Africa by Africans have much to do with either of those countries?
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> America ... supported the genocide of millions of people 1972 just to spite India. Mind expanding on that? How did the genocide in Africa by Africans have much to do with either of those countries?
Earlier quoted context omitted.
A lot of these companies routinely send workers 'onsite' to US offices. Likewise, many employees at big cos who are actually 'vendors' are employees of outsourcing companies working at offices located in America.
Yeah, but as it was pointed out -- it could be done by a 6 month visit visa and still the payment comes through at the site in India. So technically the employee could be working for the outsourced outlet and there should be no requirement of a work visa.
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> America ... supported the genocide of millions of people 1972 just to spite India. Mind expanding on that? How did the genocide in Africa by Africans have much to do with either of those countries?