Day: August 4, 2026

Indian companies report fresh graduates lack essential skills for immediate contribution. Many corporations still prioritize academic scores over practical abilities. Colleges perceive a skills-first approach which companies have not fully adopted. Students and employers prepare for different hiring criteria, creating a perception gap. Corporates now seek entrepreneurial mindsets, indicating a shift in hiring priorities.

Near term impact of west Asia tensions over Nifty 50

EPF wage ceiling: The Employees Provident Fund wage ceiling may increase to Rs 25,000. This change will bring more employees under the EPF and EPS schemes. Employees’ in-hand salaries might decrease while their retirement corpus grows. The Employees Pension Scheme pension will likely increase significantly for eligible members. This revision aims to enhance retirement benefits…

In a special report, Wall Street brokerage Goldman Sachs said the labour market impacts of gen-AI are expected to be “uneven” and it looks gen-AI as a medium-term positive for India’s growth outlook.

For non-resident Indians, foreign currency non-resident bank fixed deposits remain a favored investment choice. With an uptick in interest rates for tenures ranging from three to five years, Punjab National Bank currently leads with an attractive 6.50% rate on select five-year deposits. Meanwhile, HDFC Bank and ICICI Bank also showcase appealing rates for extended FCNR(B)…

Companies are gearing up for a stronger festive hiring season this year. Temporary recruitment is expected to exceed last year’s levels significantly. This surge is driven by resilient domestic consumption and expanding retail sectors. Ecommerce and logistics companies are leading this festive hiring push. Growth is also accelerating beyond major metropolitan areas.

₹10 lakh investment plan: Find the right equity, hybrid and debt allocation for your financial goals

Extreme heat could make outdoor work increasingly unsafe across Indian cities, leading to significant job-equivalent labour losses and economic costs, according to a World Bank report. New Delhi, Kolkata, Mumbai and Chennai are projected to lose hundreds of thousands of full-time jobs by 2050 as working hours become unsafe.

Karnataka will begin recruiting for 74,000 government positions starting this Sunday. The state government has implemented technology-driven measures to ensure fair examinations. These steps aim to prevent paper leaks and recruitment irregularities effectively. Notifications for over 36,000 posts will be released within six months.

IT hiring returned to growth with a 6% rise in July after June’s decline, while AI jobs jumped 33%. Overall white-collar hiring grew 5%, led by insurance, real estate and healthcare.