Industry Trends

New Zealand announces major overhaul of seasonal worker scheme

According to New Zealand Immigration, the changes will be rolled out in phases from early 2027, while the current rules will remain in place until then. The RSE scheme allows New Zealand's horticulture and viticulture employers to hire overseas seasonal workers, primarily from Pacific countries, when suitable local workers are not available.

01 Aug 2026

Automation pushes manufacturers to redesign shop-floor career ladders

As automation and digital technologies transform manufacturing, companies are redesigning shop-floor career ladders through continuous skilling, internal mobility and structured career pathways. Industry leaders say investing in frontline talent and creating visible growth opportunities is becoming critical for retention and building a future-ready workforce.

31 Jul 2026

Mature talent is losing ground in India’s evolving talent market

Industry leaders shared with ETHRWorld that the impact of ageism is more visible in organisations that are constantly adapting to changing market dynamics and navigating intense cost pressures, such as start-ups, e-commerce companies, digital businesses, and certain segments of financial services. These sectors often place a strong emphasis on speed, technical skills, and future readiness.

31 Jul 2026

Base metals traders on the move as battle for talent intensifies

Banks are seeing turnover among base metals traders as hedge funds and trading houses step up hiring to expand their commodities teams, the sources ‌said. "The market for ⁠base ⁠metals and commodities talent is hot right now," one source said, adding that aluminium and copper traders were "very much in play".

30 Jul 2026

Oil major BP to cut 700 jobs as it streamlines operations: Report

The reductions would impact around ​8% of the 8,500 non-frontline roles that historically were part of the company's production and operations business, the email showed. Frontline roles include operators, technicians ​and maintenance roles, and BP said in the ⁠email it ‌did not expect any material change to those ​teams.

30 Jul 2026

KPMG Australia says no decision made after media report of 1,000 job cuts

Details on the roles to be eliminated were shared with selected ‌partners this ⁠week, ⁠with leadership urging them to support the new local management team or leave ​the firm, AFR reported without citing a source. "We are reviewing our operating model, cost ​base and workforce needs. It is important to note that no decisions have been made regarding any specific measures or potential impact ​on roles," a KPMG spokesperson said.

30 Jul 2026

BMW reports second-quarter earnings slump as it cuts jobs

The company on Thursday reported quarterly pre-tax earnings of €1.7 ​billion ($1.95 billion), compared with analysts' forecast of €1.6 billion in a company-provided ​consensus.

30 Jul 2026

Govt to ensure social security for gig workers via labour codes implementation: Labour & Employment Minister

Replying to a supplementary query during the Question Hour in the Rajya Sabha, he said the gig worker system is a new and emerging system in India. Mandaviya said there are 80 lakh gig workers in India as per a Niti Aayog report, and of them, around 10 lakh are registered on the 'e-Shram portal'.

30 Jul 2026

GenAI to reshape workforce, GCCs to cushion job impact

The report estimates that GenAI could automate 9-17% of tasks currently performed by India's non-agricultural workforce. However 8-12% of jobs face a meaningful risk of substitution, while 42-48% are more likely to be augmented by AI, allowing workers to focus on more complex tasks.

30 Jul 2026

BMW’s global restructuring has no impact on India operations

Responding to a question on reports of restructuring within the BMW Group, Hardeep Singh Brar, President and CEO, BMW Group India, said there is currently no restructuring exercise affecting the Indian business.

30 Jul 2026

Japan, US step in to support yen, Tokyo keeps door open for more action

Japan and the United States intervened in currency markets to address yen volatility. This joint action followed a September 2025 finance ministers' statement. Tokyo is ready for further intervention if the yen continues to swing. Japan also plans to use the Federal Reserve's FIMA Repo Facility. Economic growth forecasts were cut due to oil prices and a weaker yen.

25 minutes ago

Gold, Silver Rate Today Live Updates: Spot gold edges higher as oil prices tumble after Trump delays fresh Iran strike

1 hour ago

Stock market today: BSE Sensex jumps over 500 points, NSE Nifty50 above 24,550

2 hours ago

Top stocks to buy: Stock recommendations for this week - check list

Stock market recommendations: RR Kable, and KFin Technologies have been picked as the top stocks to buy for the week starting August 3, 2026 by Motilal Oswal Wealth Management Research Desk:

2 hours ago

Oil tumbles over 6% as Trump's Iran talks revive hopes of easing Middle East tensions

Oil prices dropped significantly as United States and Iran negotiations offered hope for de-escalation. Uncertainty surrounds these talks and ongoing security risks persist along vital shipping lanes. Brent crude futures experienced a sharp decline after President Trump announced potential discussions with Iran. This followed a substantial rally last month fueled by renewed conflict and tanker attacks.

3 hours ago

RBI expected to hold rates on Aug 5

5 hours ago

Investments in PE-VC fall 6% to $20.3bn in Jan-July

India's private equity and venture capital investments surpassed twenty billion dollars this year. This figure shows a slight decrease compared to the previous year's performance. July saw investments of three billion dollars, remaining stable from last year's figures. Investors maintain long-term confidence in India's private markets despite global challenges. Sectors like renewable energy and B2B software startups are attracting significant investor attention.

6 hours ago

Education needs more capital, fewer curbs: Noel Tata

6 hours ago

West Asia war uncertainty keeps businesses on edge

Businesses face significant cost management challenges due to ongoing West Asia conflict. Commodity inflation and freight charges create persistent planning uncertainties for companies. This instability may lead to postponed capital deployment and fewer new job additions. Consumers can expect widespread price increases across various products and services. Companies are considering further pricing interventions to manage margin impacts.

6 hours ago

China gets just 1 FDI approval in India in FY26, Hong Kong secures 13 proposals

India approved only one Chinese FDI proposal worth one crore rupees in 2025-26. Hong Kong received approvals for thirteen proposals totaling six hundred ten crore rupees. Singapore led approved investment values with three thousand two hundred fifty-nine crore rupees. The UK and Thailand also saw significant investment approvals during this period. China's overall FDI contribution to India remains notably small.

13 hours ago