Employment: News

IT firms are expected to hire more aggressively in FY26

The technology services sector is preparing for a massive hiring spree in the next fiscal year (FY26), with estimates suggesting an uptick to over 150,000 new recruits.

PM Internship Scheme 2025 registrations close tomorrow: How to apply

The registrations for Prime Minister's Internship Scheme 2025 will close on March 12, 2025.

India's average pay hike to decrease in 2025: Here's why

Deloitte's latest survey predicts that average salary hikes for Indian companies will continue to decline.

Your salary hikes could shrink this year: Here's why

According to a recent report by Aon, a global professional services firm, Indian employees will witness a slowdown in salary growth in 2025.

India's youth unemployment rate stands at nearly 16% in Q3 

India's youth unemployment rate continued to be high at 15.9% in the third quarter of the year, according to the latest report by the Ministry of Statistics and Programme Implementation.

Infosys plans to hire over 20,000 freshers in FY26

India's second-largest software services exporter Infosys has announced that it plans to hire over 20,000 freshers in the fiscal year 2026. The move comes as part of the company's continued growth strategy.

Indian start-ups have created 1.6M jobs, says government

The Department for Promotion of Industry and Internal Trade (DPIIT) revealed that start-ups in India have created more than 1.6 million jobs.

AI to generate 2.7M tech jobs in India by 2028

Artificial Intelligence (AI) will generate some 2.73 million tech jobs in India by 2028, a recent study commissioned by ServiceNow, an AI platform for business transformation, has found.

India's services sector soars in October, hiring at 2-year high

India's services sector has shown remarkable growth in October, after a minor slowdown in September.

India's manufacturing activity rebounds from 9-month low in October

India's manufacturing sector has staged a remarkable comeback, with the Purchasing Managers's Index (PMI) climbing to 57.5 in October.

Who was Bibek Debroy, chairman of PM's Economic Advisory Council

Bibek Debroy, the Chairman of the Prime Minister's Economic Advisory Council and a noted economist, has died at the age of 69.

ESIC records 6.8% rise in formal job creation this August

The Employees' State Insurance Corporation (ESIC) recorded a 6.8% rise in formal job creation in August, with 2.07 million jobs created.

How Fed's first rate cut in years affects global economy

The US Federal Reserve has declared a significant reduction in its principal lending rate, marking the first such move since the COVID-19 pandemic.

Meet 'rotten-tail kids': China's young social class struggling with unemployment

China is currently grappling with a significant increase in youth unemployment, forcing many college graduates into low-paying jobs or dependency on their parents' pensions.

Can money buy happiness? Altman's basic income research weighs in

OpenAI's billionaire CEO Sam Altman's three-year universal basic income (UBI) trial, the largest in the United States, has concluded and revealed significant benefits for low-income individuals.

Budget 2024: Nitin Gadkari bats for flexible economic policies 

Road Transport and Highways Minister, Nitin Gadkari, has urged the adoption of flexible economic policies to stimulate national growth ahead of the Union Budget on Tuesday.

India's job growth rate doubles to 6% in FY24

India provisionally added 46.7 million jobs in the financial year ending March 2024, as per a report by the Reserve Bank of India (RBI) released on Monday.

India Inc's projected salary hike for 2024 lower than 2023

India's corporate world is expected to offer a 9.5% average salary increase in 2024, slightly lower than the 9.7% raise provided in 2023, as reported by consulting firm Aon.

AI increases employment opportunities but reduces wages: ECB study

The European Central Bank (ECB) on Tuesday published research indicating that the rise of artificial intelligence (AI) in Europe has so far led to increased employment, especially for young and highly-skilled workers.

Taiwan looking to recruit up to 1 lakh Indian workers

Taiwan is looking to employ up to 1 lakh Indian workers in a bid to strengthen economic ties between the two countries, a senior official revealed to Bloomberg.

India's job market failing to absorb educated youth: Kotak report

A study by Kotak Institutional Equities shows that despite some progress in the past five years, unemployment rates among educated Indians remain high.

India's construction sector to create 100 million jobs by 2030

India's construction sector is projected to create 100 million jobs by 2030, up from 70.6 million today, according to a Knight Frank and RICS India report.

IIT Kanpur: 33 job offers of Rs. 1 crore made

The Indian Institutes of Technology (IIT) Kanpur placement season is underway for 2022-23 and has brought in several big offers from both domestic and international employers.

Urban unemployment rate dropped in July-September 2022: NSO report

India's unemployment rate in the July-September quarter of 2022 in urban areas slowed down to 7.2%, which is comparatively lower than the 7.6% recorded during the April-June quarter.

Indians no longer need police clearance certificate for Saudi visa

Immigrants constitute quarter of Canada's population; largest proportion from India

As per Statistics Canada's latest census data, Indians constitute a major portion of the immigrant population in Canada.

Government working on softening COVID-19 impact: PM at job fair

Prime Minister (PM) of India Narendra Modi during a job fair on Saturday said that his government is working on "softening the economic impact" of COVID-19.

Bihar: Nitish Kumar announces 20L jobs in government, other sectors

A week after forming a new government in Bihar, Chief Minister Nitish Kumar announced 20 lakh jobs for the state's youth.

Majority of India's workforce has stopped looking for jobs: Report

The problem of job creation and unemployment in India is becoming worse with an increasing number of people quitting to even look for jobs.

Bharat Bandh on March 28-29: These services may be hit

A joint forum of central trade unions has declared a Bharat Bandh on March 28 and 29 against the Centre's policies that affect the workers, farmers, and the public, too.

Engineering seats in India drop to lowest in a decade

Engineering seats in India have dropped to their lowest number in a decade, even though it still remains the most popular technical course across the country.

Haryana to reserve 75% private sector jobs for locals

The Haryana Governor Satyadeo Narain Arya on Tuesday approved a bill reserving 75% of jobs in the private sector for the people of the state.

New labor codes may allow 4-day workweeks, free medical check-ups

Under its new labor codes, the central government has proposed companies to allow the option of four-day workweeks, Labour and Employment Secretary Apurva Chandra said on Monday.

IIT Delhi ranked India's most 'employable'; 27th in world

The Indian Institute of Technology in Delhi has been ranked the most employable university in India, according to the Global Employability Ranking and Survey or GEURS 2020.

KillerLaunch, the platform to find paid 'work from home' opportunities

COVID-19 pandemic, and the lockdown enforced to contain it, has wrecked the Indian economy.

#CareerBytes: Five mobile apps to track government job openings

Government jobs are a dream for many and are the most preferred option for youngsters. Finding the right and relevant information about government jobs is very important.

#CareerBytes: YouTube channels to follow for government job exam preparation

Government jobs are a coveted career option for many youngsters in India.

#FinancialBytes: 5 ways for students to make some extra money

Student life can be quite hard, especially for those who are staying away from their family. Along with studies, they have to manage a lot of things single-handedly, even their expenses.

How to link your Aadhaar with Universal Account Number (UAN)

Although, linking Aadhaar with the Universal Account Number (UAN), issued by the Employees' Provident Fund Organization (EPFO) is not mandatory, it might still help you make UAN transactions more conveniently.

Money-making apps for college students

To manage their daily expenses, college students are always on the lookout for opportunities that can help them earn some extra cash.