经济学人 The Economist Espresso 2022年4月12日 part:Indian IT firms log back on-八点一刻

Indian IT firms log back on

经济学人 The Economist Espresso 2022年4月12日 part:Indian IT firms log back on-八点一刻

Photo: Alamy

Covid-19 has left much of India’s economy reeling. The IT sector, though, is thriving. On Monday Tata Consultancy Services, an industry giant, reported revenues of $25bn for the 2021-22 financial year, a 17% year-on-year increase. Profits, at $5bn, are healthy too. Infosys, a rival firm that reports on Wednesday, is expected to post similarly sparkling numbers.

Growth at TCS, Infosys and other companies that provide software and IT-consulting services had slowed in the years before the pandemic. They have been pulled out of their rut by three structural changes: more firms digitising their operations; more work shifting to cloud computing; and more staff going remote. According to a trade body, industry revenues could grow from $227bn last year to $350bn by 2026. In the early 2000s the sector grew with similar exuberance, helping power a golden era of economic growth. Indians will be hoping for the same again.

Polish schools squeeze in Ukrainian refugees

经济学人 The Economist Espresso 2022年4月12日 part:Indian IT firms log back on-八点一刻

Photo: Getty Images

Makeshift classrooms have sprung up across Poland. Since February the country has seen an influx of 2.6m refugees from neighbouring Ukraine, most of them women and children. Plucked from the middle of their school year by the Russian invasion, they are now looking for ways to continue their learning.

More than 174,000 children have so far registered to attend local schools and nurseries in Poland, but the country is bracing for as many as 700,000 new pupils. That would expand overall enrolment by 14%. The government has already raised caps on class sizes.

Language is a barrier for newcomers who speak little Polish: some teachers have resorted to communicating through Google Translate. Other refugee students, clinging to the hope of returning to their old classrooms, are dialling into remote learning provided by their old teachers in Ukraine.

 

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