Industry Trends

Female workforce participation in cities with over 10L population rises to 27.2%: NSO

The data on labour market dynamics in cities with a population of more than 10 lakh showed that women's participation in the labour force has strengthened steadily over the years. The NSO data also highlighted an improvement in female employment. The Worker Population Ratio (WPR) for women in million-plus cities rose to 25.5 per cent, indicating that a larger share of women is employed compared to previous years.

12 hours ago

Hy-Vee shuts down India engineering centre, lays off around 150 employees

The layoffs were communicated during a late-night Microsoft Teams call, with employees informed that their roles had been eliminated with immediate effect. According to posts shared by employees on social media, the engineering team was informed that the India operation would be shut down.

12 hours ago

Trump's tariffs aren't saving jobs at Whirlpool's Iowa refrigerator plant

"Big Blue" refrigerator plant, so named because of its robin's-egg-colored siding, has cut ​more than half its nearly 2,000-strong workforce in the last year, despite tariffs championed by Trump to support U.S. manufacturing. Whirlpool was among those expected to benefit from the tariffs, which have since been reshaped by legal challenges.

21 hours ago

Volkswagen tells workers current job cuts are not enough, works council says

Further job reductions have ​not yet ⁠been quantified, ‌at least ​not ​to employee representatives, ⁠the note added.

21 hours ago

Companies cutting jobs as investments shift toward AI

​​​Goldman Sachs economists said in February that AI was ‌responsible for ⁠5,000 ⁠to 10,000 monthly net job losses last year in ​the most exposed U.S. industries. A survey by global outplacement ​firm Challenger, Gray & Christmas linked AI to 7% of total U.S. planned layoffs announced in January.

21 hours ago

UK cigarette giant British American Tobacco to cut 5,500 jobs globally

The maker of Lucky Strike and Dunhill cigarettes aims to save £600 million ($792 million) a year by 2028 in a restructuring that will affect around 20 percent of BAT's 47,000-member workforce, it said in a statement. BAT, along with other tobacco majors, faces declining demand for traditional cigarettes, and is turning its focus instead to newer categories including vapes and oral nicotine products.

21 hours ago

Corporate inclusion strategies to shift toward talent, neurodiversity and mental health: Report

As per the World Economic Forum (WEF) report, inclusion strategies are becoming more flexible and locally relevant while maintaining global consistency, with companies increasingly adopting data-driven and adaptive approaches that respond to changing conditions.

29 Jun 2026

IIT Alumni to provide AI training to migrant workers in Singapore

Supported by the Indian High Commission (HCI), the Indian Institutes of Technology Alumni Association - Singapore (IITAAS) on Sunday signed a Memorandum of Understanding (MOU) with the Migrant Workers' Centre (MWC). The MWC is a 16-year-old bipartite effort between the National Trades Union Congress and the Singapore National Employers Federation to improve the welfare of migrant workers in Singapore.

29 Jun 2026

India’s AI dream is getting lost in translation

India's ambition to become an AI superpower hinges on bridging its vast linguistic divide. Prime Minister Modi champions AI for inclusion, but current models struggle with India's numerous languages and dialects, particularly in spoken form. Overcoming this challenge is crucial for Silicon Valley's market ambitions and ensuring AI benefits all Indians, not just the English-speaking elite.

29 Jun 2026

German union warns over threats to VW sites and co-determination

German ​union IG Metall ​said on Friday that media reports about ‌Volkswagen's ⁠restructuring ⁠plans were rightly ​causing concern among workers and ​in the regions where the carmaker ​operates.

27 Jun 2026

Gold price prediction today: After worst quarter in 13 years, will gold continue to fall? Check July 1, 2026 outlook

Gold price prediction today: Gold prices will continue to be under pressure with rate hike expectations in place, with near-term outlook negative, says Vedika Narvekar, Research Analyst - Commodities & Currencies, Anand Rathi Shares and Stock Brokers.

13 minutes ago

GST revenue grows 13.9% in June, collections touch Rs 1.94 lakh crore

India's GST collections surged 13.9% to Rs 1.95 lakh crore in June 2026, fueled by a significant 34.6% jump in import tax revenues. This robust growth, despite global uncertainties, highlights the maturing and resilient nature of India's tax system. Increased refund disbursements also supported business liquidity, demonstrating improved tax administration and a predictable revenue framework.

48 minutes ago

India plans 30-day LPG storage buffer after Iran war exposes Hormuz supply risk

India is bolstering its energy security by planning a 30-day strategic LPG reserve following Middle East conflict concerns. State-run oil companies are set to invest significantly in expanding storage capacity, exploring options like onshore facilities, underground caverns, and floating storage. This move aims to mitigate risks associated with disruptions through the Strait of Hormuz, a critical shipping route for a large portion of India's LPG imports.

45 minutes ago

'Long queues at petrol stations': How Ukraine’s drone strikes are hitting Russia’s fuel supply

Russia grapples with a severe fuel shortage, a direct consequence of Ukrainian drone attacks on its oil refineries. This has led to widespread rationing, lengthy queues at petrol stations, and escalating prices, impacting everyday citizens and businesses. President Putin acknowledged the issues, though he downplayed their severity.

1 hour ago

ITR filing: How to claim HRA exemption when filing income tax return - top points to keep in mind

​It’s important to note that the HRA exemption is available only to taxpayers who opt for the old tax regime. It is not an option under the new income tax regime.

1 hour ago

RBI’s net short forward position hits record $106.6 billion amid rupee pressure

The Reserve Bank of India's intervention to shield the rupee from volatility, fueled by Middle East tensions, has widened its net short forward position to a record $106.6 billion. Despite a recent dip to a historic low, the rupee has shown recovery, buoyed by anticipated foreign capital inflows. These expected inflows are seen as a potential avenue for the RBI to reduce its forward position and bolster foreign exchange reserves.

1 hour ago

Commercial LPG, jet fuel prices cut as West Asia impact eases

2 hours ago

Nayara Energy cuts petrol by Rs 5 per litre, diesel by Rs 3; first fuel price reduction in over 2 years

Nayara Energy, India's largest private fuel retailer, has slashed petrol prices by Rs 5 and diesel by Rs 3 per litre nationwide. This marks the first price reduction by any fuel retailer in over two years, driven by easing Middle East tensions and falling international crude oil prices. While Nayara passed on the benefits, state-run companies kept rates unchanged.

3 hours ago

Oil prices rise as Iran-US talks hit roadblock, supply fears return

Crude oil prices edged up as stalled Iran-US talks reignited fears of Middle East supply disruptions. Despite claims of Strait of Hormuz reopening, uncertainty persists. Analysts have lowered oil price forecasts, but US inventory data and ongoing diplomatic efforts remain key market drivers. Investors await official US figures for further direction.

3 hours ago

Will airfares get cheaper? Jet fuel prices cut to Rs 110/litre

3 hours ago