Industry Trends

Automakers tackle supply chain labour shortages as EV revolution accelerates

India's automakers are facing acute supply chain talent shortages, particularly as EV production grows. Companies are investing in worker training and supplier partnerships to maintain momentum.

21 Jun 2026

Portfolio careers gain ground as white-collar gig work surges in India

The rise is being driven by younger professionals: nearly 40% of consultants joining the platform in FY26 had between three and eight years of experience compared with about 30% in FY25. The number of professionals registering as independent consultants has grown nearly 290% since 2022, with monthly additions going up from around 1,500 in FY24 to about 3,000 in FY25 and crossing 5,000 in FY26.

21 Jun 2026

Pilots' organistaion casts doubt on interim Air India crash report, says AAIB must run simulator tests

Pilots' union FIP alleges the Aircraft Accident Investigation Bureau's report on Air India flight 171 omits crucial cockpit warnings of an electrical failure preceding engine loss. Independent simulator tests commissioned by FIP reportedly contradict the Bureau's timeline for emergency power deployment, raising serious questions about the investigation's findings and the fate of the deceased pilots.

20 Jun 2026

BMW prepares for talks with staff in wake of profit warning

​BMW and staff representatives ​are preparing for talks after the German ​premium carmaker issued a profit warning this week and said it would accelerate efficiency measures, a spokesperson for its general works council said on Friday.

20 Jun 2026

GCCs double down on building talent

The future of GCCs may lie in developing adaptable, AI-fluent professionals who can cater to the evolving business and technology demands.

19 Jun 2026

Industry turning to Tier-II engg colleges for talent: BrahMos Aerospace MD Joshi

​CEO and MD of BrahMos Aerospace, Jaiteerth Joshi, on Thursday said that industries are shifting their focus from Tier 1 engineering colleges to Tier 2 engineering colleges to tap talent. "The shift is needed to address the growing shortage of industry ready talent in core engineering sectors," said Joshi.

19 Jun 2026

Zee Entertainment earmarks 15% of football subscription revenues for talent development

ZEE Entertainment Enterprises will invest 15% of Zee5's football subscription revenue into developing football talent across India. This initiative aims to identify and train young players nationwide. ZEE's partnership with FIFA until 2034 will support grassroots programs and league structures. The goal is to build a strong talent pipeline and help India compete in FIFA World Cups by 2034.

19 Jun 2026

Evonik to cut 3,200 jobs worldwide by 2029, as it extends restructuring programme

"The global political ​situation remains uncertain, and economic growth is persistently ​weak," CEO ⁠Christian Kullmann said ‌in a ​statement.

18 Jun 2026

Tier-2 cities outpace metros in hiring growth as India's talent map shifts

Tier-2 cities recorded 24 percent year-on-year (Y-o-Y) hiring growth in May 2026, more than double the 12 percent posted by Tier-1 cities in the same period, according to the foundit Insights Tracker exclusively shared with ETHRWorld.

18 Jun 2026

Diageo new CEO tells executives to cut jobs and costs

​Johnnie Walker maker ​Diageo's new boss, Dave Lewis, has asked executives to cut headcount and other costs as he begins restructuring the ‌struggling ⁠spirits group, the ⁠Financial Times reported on Wednesday.

18 Jun 2026

Rupee falls 30 paise to 94.63 against Dollar amid Middle East uncertainty

The Indian rupee weakened by 30 paise to 94.63 against the US dollar on Monday, pressured by a strong dollar and Middle East tensions. Despite supportive inflows and falling crude oil prices, importer demand and foreign institutional investors turning net sellers weighed on the currency. While equity markets saw gains, core sector growth slowed, and the RBI actively intervened in the forex market.

5 hours ago

8th Pay Commission enters crucial phase; employee groups see report before Budget 2027

Central government employees are hopeful for revised salaries and pensions sooner than expected, with the 8th Pay Commission potentially submitting its report months ahead of its May 2027 deadline. Employee organizations anticipate recommendations before the Union Budget 2027, leading to possible implementation from April next year. This optimism stems from the commission's accelerated pace and increased use of digital tools in its consultations and report preparation.

6 hours ago

US stock markets today: Wall Street holds near record highs as oil prices ease on US-Iran deal hopes

Indian markets mirrored global trends as US stocks hovered near record highs, buoyed by easing oil prices and positive US-Iran talks. While tech stocks saw a dip, optimism surrounding AI and potential interest rate hikes kept investors engaged. Key inflation data and corporate deals, like AbbVie's acquisition, also shaped market sentiment, with Asian markets hitting new peaks.

7 hours ago

Non-transparency, post-claim investigation of proposals main triggers of dis-satisfaction in health inusrance

Customer trust in health insurers is waning, with a significant rise in unexplained claim rejections and a continued reliance on reimbursement routes. Policyholders are increasingly frustrated by insurers revisiting underwriting at claim time, leading to dissatisfaction. A substantial gap exists between cashless and reimbursement claims, with many forced to borrow funds for upfront hospital payments. Clearer communication and comprehensive medical verification at onboarding are crucial for rebuilding confidence.

8 hours ago

US eases sanctions on Iranian oil exports as talks move towards final peace agreement

In a significant development, the US has greenlit the production, delivery, and sale of Iranian oil for a 60-day period. This move, tied to ongoing peace talks, allows for crucial transit in the Strait of Hormuz and IAEA inspections. The temporary waiver, effective until August 21, also permits imports into the US under specific conditions, impacting global energy markets.

8 hours ago

RBI sold nearly $9 billion in forex spot market in April amid rupee pressure

The Reserve Bank of India actively intervened in the forex market, selling $8.944 billion in April to bolster the rupee. This follows similar actions in March, as the currency faced pressure from global tensions and investor outflows. However, the rupee showed signs of recovery in June, aided by policy measures and easing geopolitical concerns.

9 hours ago

Stock market: Which are top 10 gainers and losers on NSE & BSE today? Check list

Indian stock markets surged on Monday, with the Sensex and Nifty reclaiming key levels. This rebound was fueled by a dip in crude oil prices, substantial foreign fund inflows, and positive developments in US-Iran diplomatic talks. Heavyweights like Reliance and HDFC Bank led the recovery, boosting overall market sentiment and encouraging cautious optimism among investors.

10 hours ago

Core sector growth slows to 0.5% in May as coal, refinery output contract

India's core infrastructure sector saw a significant slowdown in May, growing by just 0.5% year-on-year. This dip was primarily driven by sharp contractions in coal, crude oil, natural gas, and refinery products. However, the situation was partially offset by robust growth in steel, cement, and electricity generation, offering a mixed picture for the economy's foundational industries.

10 hours ago

How crude price crash could turn the tide for India's state-owned oil giants

State-run oil companies are poised for improved profits as falling crude prices boost fuel marketing margins. While recent excise duty cuts have aided this recovery, rising debt and potential future tax hikes pose risks to long-term earnings. Analysts anticipate stronger performance from the second quarter, with BPCL and IOC seen as top beneficiaries if oil prices remain subdued.

11 hours ago

India slaps anti-dumping duty on rubber chemical imports from China, EU and US

11 hours ago