Attrition levels have nearly doubled from around 2-3% about three-four years ago, on the back of increased industrial activity, setting up of new plants, etc., which has spurred a demand for ready talent. Hiring intent for blue-collar positions as of…
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Microsoft’s recent layoffs disproportionately affected software engineers, signalling AI’s growing impact on even technical roles. As the company invests heavily in AI, it’s scrutinising costs and automating code development, leading to workforce reshaping. Product and technical program management roles also…
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It showed that women hold just one in three entry-level private sector roles and only 24 per cent of manager positions, signalling a wide gap between potential and actual representation.
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The government has approved 187 startups for income tax exemption. This benefit allows 100 percent income tax deduction on profits for three years. The Department for Promotion of Industry and Internal Trade approved the startups. Over 3,700 startups have received…
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India initiated monthly labor force and unemployment data releases on May 15, offering real-time unemployment monitoring. The unemployment rate in April 2025 was 5.1% for individuals aged 15 and above, slightly higher for men (5.2%) than women (5.0%). This monthly…
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A Union Bank of India report indicates that rising metal prices may counteract the recent decline in wholesale inflation, despite a drop to a 13-month low in April 2025. While global metal indices show a softer trend, domestic metal prices,…
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