New Delhi, April 15 (IANS) India’s gig hiring landscape evolves from a volume‑led opportunity into a capability‑led ecosystem, with demand shifting toward enterprise‑led hiring, Tier‑2 talent hubs and high‑skill remote roles, a report said on Wednesday.The report from foundit talent platform said the broader monthly hiring market moderated in March, with the overall index down 5 per cent month‑on‑month and largely stable on YoY basis up 1 per cent.White‑collar gig jobs grew fro…
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New Delhi, April 10 (IANS) India’s household gold holdings have surpassed the combined reserves of the world’s top 10 central banks and emerged as a significant but underutilised economic asset, a report has said.As per the industry body Assocham analysis, the sharp rise in gold prices during 2024-25 and early 2026 has pushed the value of gold held by Indian households to an estimated $5 trillion, making it one of the largest pools of private wealth globally.Highlighting the macroeconomic pote…
New Delhi, April 10 (IANS) The Office of the Prime Minister of India on Friday highlighted an IANS report on World Bank President Ajay Banga backing job creation as the core of development strategy and citing India’s cooperative model as an example of scalable growth.The story shared by PMO India on the social media platform X underscores the importance of employment-led growth and the global recognition of India’s development approach.Banga emphasised that development efforts must move beyo…
Mumbai, April 10 (IANS) India’s growth momentum continues to remain robust, with Q3 GDP expanding by 7.8 per cent and FY26 growth projected at 7.6 per cent, supported by healthy private consumption growth of 8.7 per cent and a sharp 13.3 per cent expansion in manufacturing, according to a new report.According to PL Asset Management, the asset management arm of PL Capital Group (Prabhudas Lilladher), while global markets reacted sharply to disruptions in energy supply and shifting monetary poli…
Washington, April 10 (IANS) Underscoring job creation as the core of global development strategy, World Bank president Ajay Banga has pointed to models like India’s cooperative sector as examples of scalable growth solutions.Speaking at the Atlantic Council ahead of the annual Spring meeting of the World Bank and International Monetary Fund, Banga said development efforts must shift focus from individual projects to broader outcomes centred on employment and economic opportunity.“Development…
Washington, April 9 (IANS) India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports and sustained reforms, the World Bank said in its latest report.Growth is estimated at 7.6 per cent in fiscal year 2025-26, higher than earlier projections, reflecting the strength of consumption and investment activity, according to the South Asia Economic Update.Private consumption has been a key driver. The report said retail demand has remained stea…
New Delhi, April 8 (IANS) India’s steel industry clocked a robust 10.7 per cent year-on-year growth in production at around 168.4 million tonnes during 2025–26, consolidating its position as the world’s second-largest producer while navigating global uncertainties and price pressures, according to a statement issued by the Ministry of Steel on Wednesday.Domestic demand remained the key growth driver with finished steel consumption at 164 million tonnes, expanding by about 7–8 per cent, d…
New Delhi, April 6 (IANS) Salary increments across India Inc are expected to remain largely stable in 2026, with average hikes projected at 9.1 per cent, slightly higher than the 9 per cent increase recorded in 2025, a new report said on Monday.The “Deloitte India Talent Outlook 2026” report by Deloitte, based on a survey conducted earlier this year across multiple sectors, indicated that companies are now settling into a steady pattern of annual pay increases after the sharp fluctuations se…
New Delhi, April 5 (IANS) India is increasingly emerging as a new stable core in a volatile global environment, even as geopolitical tensions and energy shocks continue to rattle financial markets, according to the latest monthly note by Quant Mutual Fund.The fund house, led by Sandeep Tandon, highlighted that recent military actions involving the United States and Israel against Iran triggered a broad-based correction in global equities. Key indices such as the S&P 500, Nifty 50, Nikkei 225…
Washington, April 5 (IANS) Top US senators have urged President Donald Trump to block Chinese automakers from operating in the United States, warning of risks to national security and American jobs, according to a congressional press release.Senators Tammy Baldwin, Chuck Schumer, and Elissa Slotkin called for action after Trump signalled openness to Chinese firms entering the US market, saying at a forum: “Let China come in.”In a letter to the president, the lawmakers warned: “Allowing aut…