Industry Trends

Tata Steel scaling up AI, connected workforce systems to boost industrial safety

Global steel major Tata Steel is scaling up artificial intelligence, connected workforce systems and remote operations to make industrial safety more predictive, with the company already using more than 10,000 CCTV cameras and AI-enabled surveillance to identify unsafe behaviour and intervene before accidents occur, a top official said on Friday.

11 hours ago

Centre urges states to utilise cess funds for workers' welfare

Union Labour & Employment Minister Mansukh Mandaviya on Friday urged state governments to undertake a detailed assessment of the current utilisation of cess funds, identify gaps, and explore new avenues for their effective utilisation, keeping in view the long-term welfare and social security of workers.

11 hours ago

100 firms to offer 30K jobs at two-day Prayagraj Rozgar Mahakumbh

In a bid to create employment opportunities for rural and urban youth, a two-day Rozgar Mahakumbh (Mega Job Fair) will be held in Prayagraj on Oct 9 and 10.

11 hours ago

Nagaland opens logistics training centre to provide skills to 400 youth a year

The Centre of Logistics Training for Excellence (COLTE), located at Kushiabill in Dimapur, will provide free training, accommodation and food, and at least 20 per cent of its trainees will be women and girls, officials said.

15 hours ago

Crypto firm Bitcoin Suisse to cut up to half of jobs in Switzerland

"Software development and back-office capabilities ​will increasingly be consolidated in our international hubs, ​allowing us to scale faster, access broader talent pools and invest ​more effectively in our ⁠future offering," ‌the Zug-based firm ​said.

15 hours ago

GSK to shut vaccine factory in Germany, putting 641 jobs at risk

The closure ⁠would ⁠put 641 jobs at risk, according to German trade ​union Industriegewerkschaft Bergbau, Chemie, Energie (IGBCE). IGBCE ​plans to fight the closure. The union said employees had been informed of the plans ​on Thursday and that ⁠both it ‌and the plant's works council opposed ​the ​closure.

15 hours ago

Internship the new interview: Companies turning interns into full-time hires; what it means for IT sector jobs

For students who are entering the job market, an internship is no longer just a line on their resume. It can be the first real test of whether a company sees them as a potential full-time employee.

1 day ago

Bank unions stage nationwide strike over 5-day work week, warn of indefinite strike from Oct 26

The forum comprises seven unions -- All India Bank Employees' Association (AIBEA), All India Bank Officers' Confederation (AIBOC), National Confederation of Bank Employees (NCBE), All India Bank Officers' Association (AIBOA), Bank Employees Federation of India (BEFI), Indian National Bank Officers' Congress (INBOC) and Indian National Bank Employees' Federation (INBEF).

1 day ago

England universities propose work experience for all undergraduates and lifelong careers support

The proposals are part of Universities UK’s (UUK) “Future Jobs Roadmap”, unveiled at its annual conference at Nottingham Trent University. The plan calls for all undergraduates to have access to meaningful work-based learning by 2035, with a target of reaching 50% by 2030.

1 day ago

Volkswagen estimates costs of job cuts, plant closures at €16 billion

The German carmaker, Europe's largest, has embarked on ​its biggest ever restructuring, citing an existential battle against competition from China, biting ​tariffs and overcapacity.

11 Sep 2026

Brics nations to have a common currency? Here’s what MEA said

Brics nations are discussing local currency trade settlements to reduce transaction costs. There is currently no proposal for a common Brics currency among member states. This initiative aims to complement existing global payment systems and improve trade efficiency. Leaders also addressed trade barriers and the need for a strong WTO. Discussions followed eight months of work under India's Brics chairship.

3 hours ago

Canada 'wants to make a deal very badly,' says Donald Trump

President Trump stated Canada desires a trade deal soon and wants farmers treated better. He also expressed a wish for Ireland to be unified eventually. Trump met with Irish Prime Minister Micheal Martin and President Catherine Connolly. The visit included engagements and a stop at his golf resort. Protests occurred in Dublin and western Ireland during the president's visit.

4 hours ago

Zomato introduces additional fee for cash-on-delivery orders

8 hours ago

Data centre boom: India’s infrastructure opportunity could hit $90 billion

India's data centre industry is poised for a substantial $90 billion opportunity by FY35, catalyzed by rising demand for construction, cooling, and power infrastructure. The surge in artificial intelligence will further heighten energy and cooling requirements. While domestic firms can tap into this market, they will still rely on imports for specialized components. Strategic collaboration is crucial to transforming this potential into functional capacity.

8 hours ago

CAS closing price under review: Sebi proposes 2 options for expiry settlement

The Securities and Exchange Board of India (Sebi) is actively exploring modifications to how derivative settlement prices are calculated. Two alternative methods are currently up for review, inviting stakeholder feedback. These revisions aim to alleviate concerns related to the price from the closing auction session. Stakeholders have until October 3rd to share their insights on adopting a blended VWAP or maintaining the status quo with the existing methodology.

8 hours ago

Minor had Rs 1.17 crore interest income, father faced Rs 12.83 lakh penalty; what ITAT did

The ruling arose from the tax dispute involving a man in New Delhi. He filed his income tax return on November 4, 2022, reporting total income of Rs 8.43 crore. The case was subsequently reopened by the Income Tax Assessing Officer (AO) at Jhandewalan on March 22, 2025.

10 hours ago

2 homebuyers paid Rs 1.16 crore, got no flats; RERA orders builder to refund with interest

The Maharashtra Real Estate Regulatory Authority has directed the developer to refund the amounts paid, along with applicable interest, after noting that the project remained incomplete and its registration had lapsed without an extension.

1 day ago

Nvidia weighs $10 billion investment in Anthropic’s mega IPO: Report

Anthropic, an artificial intelligence firm, is gearing up for a landmark initial public offering that could reshape the tech landscape. Reports indicate that Nvidia is eyeing a sizable investment in this IPO, which could fortify their strategic partnership. With heavyweight support from industry leaders like Amazon and Google, Anthropic aspires to achieve a remarkable valuation of two trillion dollars by the year's end.

14 hours ago

Ice cream to defence: How Canada’s tariff war with US is boosting local businesses

Canadian businesses are experiencing increased sales due to a 'buy Canadian' movement. Local ice cream and gift shops report significant sales boosts from consumers. Wineries also saw demand rise after American alcohol was removed from shelves. Defence manufacturers are finding new opportunities and looking beyond the US market. However, some retailers face price pressures and increased operational costs.

15 hours ago

US diesel prices at record $6: American farmers feel the heat as harvest season begins

With diesel prices hitting unprecedented levels, US farmers are grappling with steep fuel expenses that have doubled. This dramatic rise is disrupting essential operations for corn and soybean harvests, jeopardizing profitability and financial health. Additionally, the elevated diesel costs are hindering the logistics of moving harvested crops to market. Consequently, many farmers are contemplating delaying their tasks in hopes that prices will decrease soon.

16 hours ago