New Delhi, March 3 (IANS) India’s white-collar job market witnessed its strongest February performance in recent years, registering a 12 per cent year-on-year (YoY) increase to 3,233 from 2,890 in year-ago period (February 2025), according to a report released on Tuesday.The month-on-month increase from January to February stood at 23 per cent, higher than the typical 13–16 per cent rise seen between the two months, according to data compiled by Naukri JobSpeak Index.Fresher hiring (0–3 ye…
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Mumbai, Feb 24 (IANS) Shares of IBM saw their sharpest single-day fall in more than 25 years after new fears emerged about how artificial intelligence could hurt one of the company’s most stable businesses.The stock dropped 13.2 per cent to close at $223.35, marking its biggest one-day decline since October 18, 2000.IBM’s shares are now down around 25 per cent so far this year as investors rethink how fast AI could change the economics of enterprise software and IT services.The sell-off was …
New Delhi, Feb 19 (IANS) In the decade since its inception, PhonePe has transitioned from a daring UPI pioneer into what many call a ‘fully diversified fintech platform’.With over 65 crore registered users and a merchant acceptance network of more than 4.7 crore spanning metros to remote villages, PhonePe’s expansion reflects a strategy centered on specific use cases and scalable infrastructure.PhonePe’s success wasn’t built on a single ‘eureka’ moment, but on solving the ‘small-tick…
Mumbai, Feb 9 (IANS) The domestic institutional investors (DIIs) have remained key bidders, pumping $23.4 billion in the fourth quarter of 2025 and $90.1 billion in full year 2025 – aided by steady SIP inflows into domestic MFs, a report showed on Monday.This strong participation has not only helped mitigate the effects of a spike in FII outflows, which totalled $18.8 billion in 2025, but has also absorbed the continued surge in primary market issuances, with IPOs and FPOs amounting to Rs 1.95…
New Delhi, Feb 4 (IANS) The seasonally adjusted HSBC India Services PMI touched a two-month high of 58.5 in the month of January, from December’s 58.0, noting quicker expansions in new business intakes and output, the S&P Global data showed on Wednesday.Service providers in India welcomed a recovery in growth during January. They were also more upbeat towards the outlook and hired additional staff. On the price front, there were quicker albeit still moderate increases in input costs and sell…
New Delhi, Feb 2 (IANS) India’s white-collar hiring began 2026 on a steady footing, with a 3 per cent rise (year-on-year) in January, driven by non-IT sectors and fresher hiring, a report showed on Monday.Non-IT sectors were the primary drivers of this growth, with BPO/ITES surging more than 21 per cent, hospitality/travel climbing over 15 per cent, insurance advancing more than 7 per cent, and healthcare gaining more than 5 per cent, as per the Naukri JobSpeak Index.Banking and financial servic…
New Delhi, Jan 29 (IANS) Marking a significant milestone in strengthening bilateral economic and strategic cooperation, India and the European Union (EU) have concluded negotiations on financial services in the Free Trade Agreement (FTA).Among the key achievements of Financial Services Annex, India and EU have committed to collaborate on enabling greater interoperability and interlinkages and development of electronic payment infrastructure and convenience of cross-border payments to promote rea…
New Delhi, Jan 28 (IANS) The government’s capex (capital expenditure) may cross Rs 12 lakh crore in the forthcoming Union Budget for 2026-27, which would represent an increase of around 10 per cent over the corresponding figure of the previous financial year, according to an SBI report released on Wednesday.This would enable the government to step up investments in big-ticket infrastructure projects in the highways, railways, ports and power sectors to boost growth and jobs in the economy.The FY…
Mumbai, Dec 31 (IANS) India’s hospital industry is set for strong and sustained growth over the next few years, with revenues expected to rise at a healthy pace of 11–12 per cent annually, a new report said on Wednesday.The growth will be driven by rising healthcare needs, higher insurance coverage, increasing medical tourism, and fresh investments in hospital infrastructure, according to data compiled by CareEdge Ratings.A key reason behind this optimistic outlook is India’s long-standing…
New Delhi, Dec 25 (IANS) Strengthening business linkages and sustained investment flows between India and Nepal are expected to drive bilateral trade into a new growth phase, with volumes likely to double by 2030, according to an article in Nepalese media. Bilateral trade remains the most visible and measurable pillar of India–Nepal economic relations, reflecting both geographic proximity and deep-rooted interdependence.India accounts for over 64 per cent of Nepal’s total trade, underscoring i…