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APRIL JOBS REPORT IMPACT
EL Nino to hit India's energy system harder than anywhere else in world: CREA reportIndia's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning...
VB-G RAM G: A potential rural income hike comes with a burdenIndia's new rural employment scheme, VB-G RAM G, promises more work and higher wages, aiming to boost rural incomes. However, a significant...
Gold trades near two-week high on cooling US rate-hike betsGold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Res...
Dollar set for biggest weekly drop since April after jobs data lowers Fed hike betsThe US dollar is experiencing its biggest weekly loss in 12 weeks, driven by weaker-than-expected US jobs data that has dampened expectatio...
OMCs lost Rs 18.9/litre on diesel, ₹6 on petrol in Q1State-run oil companies faced significant losses in the April-June quarter, losing ₹18.9 per litre on diesel and ₹6 on petrol. This downtur...
AI hiring outpaces overall IT recruitment in India: reportIndia's IT sector is prioritising artificial intelligence (AI) hiring, with AI roles seeing a 16% year-on-year surge in June, contrasting w...
Japan emerges as largest APAC contributor to India's GCC ecosystem: DeloitteJapan is now India's top contributor to the Asia-Pacific GCC sector, with over 100 Japanese companies establishing centers. These hubs are ...
Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge RatingsIndia faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon defic...
FMCG companies ride the heatwave to make cool gainsIntense heatwaves fueled double-digit sales growth for FMCG, white goods, and retailers in the April-June quarter. Companies reported impro...
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
Psychologists say one belief separates workers who bounce back after layoffs from those who struggleLosing a job can take a toll on both finances and mental health, but psychologists say one belief can make recovery easier: confidence in y...
US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
Microsoft to cut under 2.5% of workforce in latest layoffs: reportU.S. companies have continued to trim headcount in recent months, with a fresh wave of layoffs across the technology, media and finance s...
ET Graphics: Code takes over the cubicles as tech companies toss staff for AI growthSince the beginning of 2026, over 120,000 tech employees have been laid off across more than 200 companies including Meta, Amazon and Oracl...
Weak hiring is hurting young workers more than AI, study saysA new Federal Reserve study reveals that a scarcity of job openings, not a lack of AI skills, is the primary driver of unemployment among y...
Million-plus cities lead in job quality, earnings: NSOIn India’s bustling metropolitan areas, workers are now enjoying improved job opportunities, particularly in regular salaried positions, al...
Rupee slips as tepid stocks dull boost from firmer Asian peersThe Indian rupee edged lower against the dollar on Monday, despite positive sentiment from a US-Iran de-escalation and gains in Asian curre...
Employers across globe continue to have confidence in MBA graduates despite AI boom: GMAC reportGlobal employers maintain strong faith in MBA graduates, with over half believing business degrees are more crucial than ever as technology...
AI unlikely to trigger 'Job Apocalypse', it may create uneven workforce disruption: Goldman Sachs ReportA Goldman Sachs report suggests that concerns regarding an impending 'AI job apocalypse' may be overstated. Over the next decade, while AI ...