Industry Trends

India's financial crime compliance workforce to reach 45,000 by 2030, create 19,000 jobs: Report

The report highlighted that financial crime is estimated to cost the global economy more than USD 4.4 trillion annually, with AI-enabled fraud, synthetic identities, mule account networks and sanctions evasion posing growing challenges for financial institutions.

30 Oct 2026

Nevada unions, politicians caught between AI job creation and destruction

On more than 100,000 acres of Nevada desert east of Reno, one of the world's largest concentrations of data centers is taking shape, providing years of work for thousands of electricians, pipefitters and other union tradespeople who are building it.

29 Oct 2026

Layoff tracker: From Amazon to Netflix, these companies are cutting jobs globally

While some companies have explicitly linked their restructuring to AI-led business transformation, others have cited efficiency, performance or changing market conditions. The scale and nature of the cuts vary, with some companies disclosing exact numbers and others leaving the total unspecified.

29 Oct 2026

Dropbox layoffs: Co-CEO Ashraf Alkarmi sends memo to employees announcing 9% job cuts, CTO Ali Dasdan to leave

Dropbox has announced a significant reduction in its workforce, planning to eliminate approximately 9% of its positions as part of a strategic realignment of resources. This move is expected to result in severance expenses ranging from $27 million to $33 million, impacting the company's financials primarily in Q4 of 2026.

29 Oct 2026

BASF CEO says restructuring has to go on, including job cuts

Chemicals maker BASF needs to continue restructuring and positions will have to be reduced, CEO Markus Kamieth said in a press conference on Wednesday. * BASF launched a cost-

29 Oct 2026

Degrees are important, but being job-ready is crucial in AI age

As AI disrupts entry-level jobs and industries struggle to find skilled graduates, corporate leaders have called for greater investment and deeper partnerships between companies and universities to overhaul education, build practical capabilities and prepare India’s work - force for emerging employment opportunities.

29 Oct 2026

No layoffs in 101 years: CEO of a company that has never laid off workers says businesses should cut costs elsewhere instead of firing employees

As Microsoft offers voluntary buyouts to around 60,000 employees amid heavy AI investment, the CEO of a 101-year-old syrup maker says businesses should look for savings beyond job cuts. Torani says it has never laid off workers, including during the pandemic, when revenue fell 20% in a single month.

28 Oct 2026

Nearly 63% Indian workers confident about finances despite limited savings buffer

Nearly 63 per cent of Indian workers consider themselves financially stable and confident, while 83 per cent said their emergency savings would last less than a year if their income stopped, a report said on Tuesday.

28 Oct 2026

Apple job cuts exceed 400 as new CEO John Ternus restructures teams

Apple has reportedly cut more than 400 jobs across AI-related teams, mixed-reality operations, hardware management and sales as new chief executive John Ternus pushes to simplify the company’s structure. The reported reductions come amid changes to its AI strategy, although a previously considered plan to replace 5,000 AppleCare roles with AI has reportedly been shelved.

28 Oct 2026

Microsoft is offering buyouts to 60,000 workers: How US employees can calculate their potential severance pay

Microsoft is offering voluntary buyouts to around 60,000 eligible employees, with severance payments varying by job level and years of service. US workers can use the company's payment formulas to estimate their potential payout, while the offers also include continued stock vesting and health insurance.

28 Oct 2026

SEBI wants LTCG tax to be removed for foreign investors: Report

The recommendations have been submitted ahead of the annual Union Budget scheduled for February. However, they are advisory in nature, and the final decision on whether to accept them rests with the government. The proposal comes as authorities look for ways to revive India's equity markets, which have been performing below the level of their emerging market counterparts.

52 minutes ago

India's manufacturing PMI eases to 54.7 in October as export orders hit six-month high

India's manufacturing sector showed slower growth in October as output and new orders moderated. Despite this slowdown, there was an increase in new export orders, reflecting stronger overseas demand. Factory employment rose for the second consecutive month, although job creation eased slightly from September. Input cost inflation also fell to its lowest levels since February. However, business confidence weakened as manufacturers anticipated a less optimistic outlook for the year ahead.

1 hour ago

China to restrict exports of giant tunnel-digging machines; why India could be affected

China is tightening export controls on construction equipment which could significantly affect India's ongoing infrastructure projects. The new restrictions will limit access to tunnel-boring machines and essential components. India plans to reduce its reliance on Chinese machinery by boosting domestic production and investment. Various Indian companies are exploring manufacturing their own construction equipment to meet burgeoning demand. Analysts suggest these changes may impact infrastructure development along the disputed Himalayan border.

1 hour ago

Rs 36.4 lakh fraud: Transferred Post Office staff issue fake NSCs; what Court ruled

The fraud came to light later, when the depositors discovered that the documents they had received were forged and that no accounts had actually been opened in their names. Despite the losses suffered by the customers, the Department of Posts declined to return their money. The affected depositors, however, maintained that the fraud had been carried out through the actions of postal department employees.

1 hour ago

Gold price prediction: What's the outlook for gold for November 2, 2026 week?

Gold price prediction today: On the upside, Rs 140,500–141,000 is now the first important hurdle, followed by Rs 143,000–144,000. A sustained recovery above Rs 144,000 would be required to meaningfully improve the short-term structure and could open the way towards Rs 146,000–147,000.

3 hours ago

India among world's best-markets in October as investors rotate away from AI stocks: Goldman Sachs

During October, Indian stocks showcased impressive gains, outshining other Asia-Pacific markets and reflecting a shift in investment focus among traders. IT services made headway, while AI-focused companies lagged behind according to Goldman Sachs. This growth comes after a tough third quarter for the Nifty Index. Meanwhile, institutional investment improved, recording $1.2 billion in foreign investment during the week, sparking concerns over inflated market valuations ahead of key corporate earnings.

3 hours ago

'We will navigate through challenges': IndiGo CEO on airline industry's tough phase

IndiGo CEO Willie Walsh indicated significant growth opportunities for the airline despite rising fuel costs. The airline reported a net loss of Rs 1,879.1 crore due to elevated expenses and rupee depreciation. Walsh anticipates deliveries of wide-body Airbus A350 aircraft beginning in the second quarter of 2028. IndiGo plans to shift some international flights to the new Navi Mumbai airport to capitalize on upcoming opportunities.

3 hours ago

Reliance shares surge 7%, eye best single-day gain in over 2 years: What's driving the rally?

Reliance Industries has seen a notable surge in its share price following its impressive quarterly results for September. The consolidated net profit surged significantly, largely thanks to the performance of the oil-to-chemicals sector, which benefited from higher refining margins. Although retail revenue showed a less robust growth, JioMart's performance stood out with impressive increases. As a result, analysts have revised their earnings projections upward in light of these strong outcomes.

4 hours ago

Stock market soars in early trade: Sensex jumps over 800 points, Nifty above 23,260

6 hours ago

Which are the top stocks to buy for November 2, 2026 week? Check list

Stock market recommendations: BSE, and Symbiotec Pharmalab - these are the top stocks to buy this week (starting November 2, 2026), as recommended by Motilal Oswal Wealth Management Research Desk.

6 hours ago