HIRING ACTIVITY
Samvat 2083 begins: Will the good times roll for Indian businesses?
Samvat 2083 begins with Indian businesses entering the new year on a note of cautious optimism. Strong GST collections, festive demand and the RBI’s upgraded FY27 growth forecast point to economic resilience. But weak hiring, easing manufacturing momentum, food inflation and crude oil risks cloud the outlook. Sustained private investment and stronger corporate earnings will determine whether growth creates jobs.
US detains Harry Boxer, close aide of Lawrence Bishnoi
Harry Boxer, identified as a key operative of the Lawrence Bishnoi gang, has been detained in California. He is linked to multiple criminal cases across various states in India and has gained notoriety for extortion. Boxer's involvement includes threats to Bollywood actors and connections to violent incidents. Indian authorities are preparing legal actions to secure his return from the United States.
Meet Dakota Meyer: Medal of Honor hero tapped by Pete Hegseth to fix Pentagon barracks' crisis as US troops sleep in cars, face no hot showers
Medal of Honor recipient Dakota Meyer has been tapped by Defense Secretary Pete Hegseth to lead efforts to improve military barracks after reports of troops sleeping in cars and facing poor living conditions, including mouldy rooms, broken air conditioning and a lack of hot water and showers. Dakota Meyer served on active duty in the Marine Corps from 2006 to 2010.
Companies need to overhaul cybersecurity as AI accelerates vulnerability attacks: Report
Companies will need to fundamentally overhaul their cybersecurity strategies and increase investments in automated threat detection and vulnerability management as frontier artificial intelligence (AI) makes it easier for cyberattackers to identify and exploit software weaknesses, according to a McKinsey report.
Tech billionaires in Democrats’ crosshairs: Who could face congressional probes? Here’s the hit list
Elon Musk, Mark Zuckerberg, Jeff Bezos and other tech leaders could face congressional investigations as Democrats prepare to take control of Congress in 2027. Their scrutiny could focus on ties to Donald Trump, political influence, AI development, data center expansion and the industry's impact on American jobs and communities.
US proposes space launch rule changes in potential boost for SpaceX
The FAA said it was proposing changes to definitions of when a flight abort is not mandatory and to clarify requirements and thresholds for when an abort - the early end of a launch or mission because of a problem - must occur. The FAA is proposing to revise rules for spacecraft breaking up as they fall to Earth and how space companies calculate the risks of falling space debris from those vehicles hitting people on the ground.
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68.4% respondents in survey plan job change in 2027; half seek 31%-plus pay hike: Survey
According to a recent survey, 68.4 percent of Indian professionals are planning to explore new job opportunities in 2027. Career growth is identified as the primary motivation for changing jobs, with high salary expectations influencing decisions as well. The report highlights that most professionals feel confident about their job prospects in the evolving job market. Many are actively engaged in upskilling, especially in AI.
Russia's service sector stagnates, output rises marginally in October
Russia's service sector showed minimal growth in October, with a decrease in orders for the first time in three months. New businesses also fell, indicating a concerning trend amid declining export demand. Employment exhibited a marginal increase after a prolonged period of job cuts across the economy. Input cost inflation rose as firms adjusted selling prices to manage higher costs.
NASA space telescope plunges to Earth after two decades studying cosmic explosions
NASA's Swift Observatory has reentered Earth's atmosphere after more than two decades of effective research. Its mission, which began in 2004, far exceeded initial expectations by lasting 11 times longer than planned. A recent attempt to boost its orbit failed due to complications with a private rescue mission. Meanwhile, NASA is exploring options to save the Hubble Space Telescope, set to fall in the mid-2030s.
Midterm results may slow US visa curbs, but no quick relief likely for IT
The opposition party’s takeover of both chambers of US Congress is expected to bring greater scrutiny of the administration’s policy decisions, potentially slowing further restrictions, industry experts told ET. However, any improvement in sentiment is unlikely to translate quickly into higher hiring or technology spending.
US stock market stages big rally today: Why is Dow Jones surging? Dow jumps 1,100 points as S&P 500 and Nasdaq turn green, with healthcare stocks at the centre
US stock market today: US stocks rallied sharply on Wednesday after Democrats won control of Congress. The Dow Jones jumped 1,143 points, while the S&P 500 and Nasdaq also posted strong gains. Healthcare stocks attracted fresh buying, with Molina Healthcare, Centene and HCA Healthcare rising around 6% to 7%. Amazon and solar stocks also climbed, while Nvidia shares moved lower.
Digital recruitment is creating a new cybersecurity risk for employers
Online hiring has made it easier for companies to reach candidates across locations, but it has also exposed recruitment processes to identity fraud, manipulated assessments and misuse of personal information. HR teams are increasingly responsible for protecting the integrity and security of the hiring process.
From enterprises to SMBs: How Flashfox AI plans to change the hiring game
GetWork’s AI hiring business, now spun off as Flashfox AI, is targeting 500 enterprise clients in the next 24 months as it expands into Southeast Asia and the Middle East.
India’s IT sector needs a new talent architecture
Growing demand for AI-related services is challenging providers, as they struggle to generate significant revenue. Companies must redesign their workforce models to capture opportunities in an AI-driven market. Existing talent architectures focus on old skill sets and hierarchies, which are becoming less relevant. Investing in specialized roles and capabilities will better align with the new market demands.
Why is the US stock market split as Americans vote in the 2026 midterm elections today? Dow falls as S&P 500 and Nasdaq rise; Apple, Nvidia, and AMD in focus - gold and silver dip
US stock market today: US stocks opened mixed on Tuesday as Americans voted in the midterm elections. Investors are also waiting for AMD’s earnings report after the closing bell. By 9:43 a.m. ET, the Nasdaq and S&P 500 were up, and the Dow was down. The Dow Jones Industrial Average fell 338.36 points, or 0.65%, to 51,645.62. The S&P 500 rose 20.31 points, or 0.27%, to 7,561.71. The Nasdaq gained 189.93 points, or 0.75%, to 25,354.30.
Corporate India's white-collar hiring rises 14% in October, led by manufacturing
Corporate India's white-collar hiring showed a 14% increase in October compared to the previous year. Notably, production and manufacturing roles experienced a significant growth of 39%. The demand for AI/ML skills also remained strong, leading to a 32% increase in hiring. Various sectors such as automobiles and BPO/ITeS witnessed substantial hiring increases as well. Overall, metropolitan areas like Hyderabad and Pune led in job growth during this period.
Vultr eyes 1 GW India capacity by 2029
Further, the company said it has hired more than 100 people in India over the past three months and plans thousands of additional hires in network engineering and operations by March. It also added that the Chennai workforce could eventually reach 5,000 as the facility becomes operational and services expand.
Canva may announce another round of layoffs in November, report claims; hiring freeze also possible
Canva appears to be bracing for possible layoffs or a hiring freeze after recently downsizing their team by cutting 32 employees from the technical content department. Although user growth surged in 2025, the company has drastically revised its revenue forecasts for 2026. CEO Melanie Perkins noted that projections have not met earlier expectations but underscored their commitment to an AI-driven strategy.
The changing C-suite: How finance and HR leaders are driving business transformation
CFOs and CHROs are moving beyond traditional responsibilities to become strategic business partners. The discussion explores how finance and HR leaders are navigating uncertainty, driving technology adoption, building organisational resilience and aligning financial and people strategies with sustainable growth.
US Midterm elections 2026: Could the results change how long Indian students can stay in America?
The outcome of the US Midterm elections could significantly impact the future of the student visa framework, particularly for Indian learners. Changes suggested for the F-1 visa might enforce set admission periods rather than flexible durations, making the shift from education to real-world employment more complex for graduates opting for Optional Practical Training.
US Midterm elections, Apple earnings, jobs data to test Wall Street after AI rout
Wall Street faces a pivotal week as US midterm elections, major corporate earnings and October jobs data test investor sentiment. Recent AI-led tech selloffs have heightened concerns over infrastructure spending and returns. Apple, AMD and Palantir results, alongside regulatory uncertainty and economic signals, could determine market direction and volatility.
Beauty & personal care brand Hyeglo Beauty raises Rs 7 crore funding led by Sauce
The direct-to-consumer (D2C) will use the funds for research and development (R&D), new product launches, brand building and hiring, as it looks to expand its portfolio, founder Kanupriya Ahluwalia told ET.
Dubai in Transit: The megalopolis is trying to shake off nightmarish war months, but caution remains in the air
Dubai is struggling to regain business momentum eight months after Iranian missile strikes disrupted tourism, real estate and other sectors. While tourist arrivals and hotel occupancy have recovered from their March lows, the recovery has stalled amid renewed regional tensions.
Elderly care industry eyes emerging companionship market
In India, elderly companionship services face hurdles in building a dependable market, primarily due to the stigma linked to purchasing social connections. Numerous programs have emerged to facilitate interactions among seniors through conversation and activities aimed at enhancing emotional health. Entrepreneurs grapple with the challenge of making companionship a sustainable expense, even as the senior population rises.
Clementine's Ice Cream: How Tamara Keefe turned her love for ice cream into a multimillion-dollar business
After feeling drained and unfulfilled in her corporate career, Tamara Keefe created Clementine’s Ice Cream, driven by the joy of her childhood where she made ice cream with family. Pouring her savings into building this brand helped her establish credibility with local chefs. Joining the Goldman Sachs program gave her a boost, and now, Keefe shares her journey to inspire others to venture into the ice cream business.
Stop giving solutions for problems: Former job recruiter shares 5 interview tips to get hired at big tech companies
A former job interviewer who says he has conducted 100 interviews has shared five tips for candidates struggling to clear technical rounds. He advises job seekers to stop rushing into coding, explain their approach, start with a brute-force solution and practise around 50 carefully selected questions. He also explains why communication, checking edge cases and applying for jobs while preparing can make a difference in landing a tech job.
Not Just AI: How soft skills are becoming key to getting hired
As artificial intelligence transforms workplaces, the significance of soft skills is on the rise. Key skills like communication, critical thinking, and teamwork are essential for job seekers. Universities must adapt by creating experiential learning experiences that foster these abilities. Students can enhance their employability through group projects and internships, ensuring a well-rounded skill set that combines technical acumen with interpersonal strengths.
US economy grows faster than expected at 3.4% in Q3 on consumer spending, AI boom
The US economy grew at a faster-than-expected 3.4% annualised rate in the third quarter, driven by resilient consumer spending and AI-related business investment despite higher oil prices linked to the Middle East conflict. The robust growth contrasts with weak consumer sentiment and comes as the Federal Reserve keeps interest rates unchanged.
Diljit Dosanjh Delhi concert: Traffic curbs announced for October 30; check routes to avoid, diversions, cab pick-up and drop-off points, parking and Metro access to JLN Stadium
Delhi Traffic advisory: Police announced traffic restrictions for the upcoming Diljit Dosanjh concert on October 30. The restrictions will be in place from 1 pm to midnight and will affect several major roads. Commuters are encouraged to use the Delhi Metro for easy access to the venue. Designated pick-up and drop-off points for taxis and cabs have been established nearby.
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