UPSKILLING
India ranked an 'AI Rising Contender' by BCG, built on talent rather than compute
India has been identified as a Rising Contender in artificial intelligence by Boston Consulting Group's latest report. The country benefits from a large pool of skilled AI professionals, bolstered by returning talent from abroad. The government has implemented training programs to upskill millions of citizens and broaden access to AI knowledge.
Is your HR strategy creating measurable impact? This could be the time to get it recognised
The Economic Times HR Excellence Awards 2027 shine a light on exemplary HR practices within various organizations, teams, and leaders. Encompassing 42 categories, the awards highlight significant accomplishments in realms like HR transformation, talent acquisition, employee experience, and workplace culture, showcasing how effective people strategies can directly enhance business performance.
AI gains fail to cool rising staff costs at Indian IT services firms
Although artificial intelligence (AI) and automation are changing the traditional labour-intensive model of IT services, they have yet to bring down employee costs for the country’s top six IT services companies—Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTM (formerly LTIMindtree).
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.
BLS International Services net profit rises 8.6% to Rs 201.7 cr in July-September
BLS International Services reported an 8.6 percent growth in profit after tax for the quarter ended September 2026. The company's revenue from operations rose by 32 percent compared to the same period last year. Investments in AI technology, automation, and employee upskilling are part of their growth strategy. The leadership expressed confidence in future growth supported by technology and global expansion.
AI could wipe out $200 billion of IT services work by 2030: BCG
BCG’s Sreyssha George says Indian IT firms will have to rethink how they price work, hire freshers and pay AI talent, as clients move from paying for headcount to paying for outcomes.
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AI led services to generate up to $200 billion in new work by 2030: BCG report
A recent report highlights the transformative impact of artificial intelligence-led services on the job market, predicting significant workforce expansion by 2030. It estimates the global services market will surge from $ 1.6-1.7 trillion to a remarkable $ 2.2-2.4 trillion. To leverage this growth, technology employees must undergo reskilling. Up to 40 new Applied AI roles may emerge, but organizations risk increased expenses by seeking external hires for these specialized jobs.
AI makes continuous upskilling critical for IT professionals, says Kharge
Kharge noted that the unprecedented pace of AI adoption had created uncertainty over how job roles and skill requirements would evolve, making continuous learning essential for professionals to remain relevant in global markets.
Power to empower must include the power to stay well
“The true value of power lies in its purpose,” the Prime Minister told the Bloomberg New Economy Forum in October. India’s next lever of power is the health of its people, and the digital infrastructure behind CoWIN can now help keep a billion Indians well.
From field to market: The farmer without a title
UN has proclaimed 2026 as the International Year of the Woman Farmer, shining a light on the importance of recognising female farmers. In India, women make up over 45% of the agricultural labour force, yet they encounter hurdles relating to land rights and income disparities. Maharashtra's recent laws aim to empower women in agriculture, but a nationwide application is critical.
Horoscope Today, October 24, 2026: Capricorn Could Gain Through Deals, Aquarius Must Review Finances, Pisces Steps Into Leadership
The Moon remains in Pisces today, highlighting short-distance travel, personal wealth management, and independent leadership. While retrograde Saturn in Pisces encourages discipline and reflection, Rahu in Aquarius supports ambitious long-term plans. Debilitated Mars in Cancer advises patience in interactions. Today highlights communication agility for Capricorn, practical financial management for Aquarius, and personal growth for Pisces.
Horoscope Today, October 24, 2026: Aries Must Avoid Money Risks, Taurus Could Gain Through Networks, Gemini Eyes Career Growth
The Moon remains in Pisces today, encouraging intuition, quiet reflection, and thoughtful decision-making. While Jupiter in Cancer supports gradual growth, the debilitated Sun and retrograde Mercury and Venus in Libra advise reviewing financial commitments and unfinished work. Debilitated Mars in Cancer urges calm patience in discussions. Today highlights quiet backend work for Aries, corporate networking for Taurus, and executive career focus for Gemini.
Horoscope Today, October 23, 2026: Capricorn, Aquarius and Pisces Explore New Directions, Personal Growth and Meaningful Connections
The Moon transits into Pisces during the afternoon, bringing focus toward personal wealth management, independent initiative, and quiet reflection. While retrograde Saturn in Pisces reminds you to stay disciplined with ongoing projects, Rahu in Aquarius encourages ambitious long-term plans. Today highlights resource management for Capricorn, personal leadership for Aquarius, and quiet productivity for Pisces.
88% Indian firms want FDEs by 2030; only 1% of engineers fit the bill: Scaler-CMR report
According to India's FDE Opportunity Report, enterprises are hiring for AI deployment and customer-facing skills, but those are the skills engineers lack most.
58% of engineers want FDE roles, but 90% lack upskilling roadmap: Report
A report reveals that nearly 58 percent of engineers desire to transition into forward-deployed engineering roles. Despite this interest, nine in ten engineers are not aware of pathways for upskilling. Furthermore, most engineers feel unclear about the FDE role and career advancement opportunities. Indian enterprises are anticipating a growing demand for FDEs by 2030, particularly in multinational companies.
Horoscope Tomorrow, 23 October 2026: The Moon Enters Pisces, but What Does Friday's Shift Mean for Your Zodiac Sign?
Horoscope tomorrow, October 23, 2026, brings attention to career choices, financial security and emotional priorities as the Moon enters Pisces in the afternoon. Aries may benefit from teamwork, Gemini may explore learning opportunities. Cancer needs to review shared finances, while Leo handles negotiations and Virgo clears work backlogs. Libra explores creativity, and Sagittarius advances through communication. Capricorn strengthens savings, Aquarius takes initiative, and Pisces benefits from quiet planning.
Software majors delete 24,000 jobs across IT and engineering in a year
Over the last one year, Tata Consultancy Services (TCS), Infosys, HCLTech, Wipro, Tech Mahindra and LTIMindtree collectively recorded 92,000 exits, in line with the industry's normal attrition rate of 11-15%. However, with exits outpacing hiring of new employees in the IT and engineering functions in five of the last six months, overall intake over the 12 months fell by 24,422 to 68,000, data from staffing firm Xpheno showed.
Edtech UpGrad’s net loss halves to Rs 131 crore in FY26, revenue rises 7.5%
Revenue from operations rose 7.5% to Rs 1,687 crore from Rs 1,569 crore a year earlier, according to the company's audited consolidated financial statements, filed with the Registrar of Companies (RoC). In FY25, UpGrad had reported a net loss of Rs 274 crore.
How Byju’s parent funded Aakash rights issue; Zetwerk IPO fully subscribed
Happy Dussehra! Byju’s parent used money repaid by Great Learning to back Aakash’s rights issue. This and more in today’s ETtech Morning Dispatch.
Byju's parent uses Great Learning loan repayment to fund Aakash rights issue
The transaction shows how the cash-strapped company funded its effort to preserve its holding in one of the few valuable assets remaining in the Byju's ecosystem. A September 28 National Company Law Tribunal (NCLT) order approving TLPL's settlement with Aakash, Manipal Education & Medical Group and other parties records utilisation of a portion of the money received from Great Learning.
Want to become a financial adviser? Best financial planning courses and institutes in India explained
The career change of Sumit Aggarwal to a mutual fund distributor illustrates a notable trend within the financial advisory realm in India. With a vast number of investors, there's a growing necessity for certified financial planners. Educational institutes are responding by launching targeted courses, promoting credentialing opportunities like CFP and QPFP for finance professionals. As demand for expert guidance rises, the financial planning sector is expected to experience notable expansion.
How AI is Powering the Future of Citizen Services
India is a diverse land, and reflecting the country’s linguistic diversity has been a long-held ambition for technology, AI included. Now, with Google’s initiatives powering startups like CoRover, AI’s inclusion of local dialects looks more achievable than ever. Counting over a trillion conversations in Indic languages thus far, CoRover is making inspiring progress.
How AI is changing jobs, workforce skills, and what employers need to rethink?
AI is changing more than the tasks employees perform. It is reshaping how jobs are structured, which skills employers value, and how responsibility is divided between people and intelligent systems. For businesses, the next phase of adoption will depend on redesigning roles and preparing employees to work effectively alongside AI.
India Inc to give 9.1% pay hike in 2027, almost similar to 2026: Aon
In 2027, employees across India Inc are projected to enjoy a salary boost of 9.1%, as reported by Aon Plc. However, the attrition rate has surged to 18% in 2026, a significant rise from previous years. Non-banking financial firms are anticipated to lead the charge with a 10.1% wage increase.
Planning a job switch? These sectors may see the biggest salary hikes in 2027
Salaries in India are projected to increase by 9.1% in 2027 after a 9% rise in 2026. Non-banking financial companies are expected to lead in salary growth with an increase of 10.1%. Employers face challenges in retaining talent amid rising attrition rates and the implementation of the Wage Code. AI skill demand is growing as companies adopt AI productivity tools at a significant pace.
Virat Kohli makes LinkedIn debut: What is his first post reveals about his business ambitions? How he is building his business portfolio
Virat Kohli made his LinkedIn debut to discuss his business interests beyond cricket. He highlighted his investment in Agilitas Sports and co-founding one8world, emphasizing global aspirations for Indian sports brands. Kohli's profile indicates his involvement with various sports-related ventures, showcasing his entrepreneurial ambitions. This platform serves a purpose beyond job searching and recruitment for public figures. As LinkedIn grows in India, celebrity presence may attract more users towards professional networking.
Can you survive in Bengaluru on Rs 30,000 a month? Reddit users share budget tips on rent, food, public transport and daily expenses for newcomers moving to the city
Relocating to Bengaluru for a job can indeed stretch one's finances, particularly for those on beginner salaries. A Redditor is looking to make this move with a budget of Rs 30,000 and is gathering advice on cost-effective living. Suggestions range from opting for shared flats to cooking meals at home, along with taking advantage of public transport.
CEA Nageswaran pitches for MSME-specific approach to NPA classification norms
V Anantha Nageswaran emphasized the need to revise non-performing asset classification norms for micro, small and medium enterprises. He highlighted that existing norms do not consider diverse cash flow cycles and working capital requirements. The Chief Economic Advisor pointed out that a uniform global framework is unsuitable for India’s business practices. Additionally, he suggested reducing compliance costs for MSMEs to improve their operational efficiency.
From Women in HR to People-First CEOs: Recognising the leaders shaping the future of work
Human resources leadership is adapting to play a crucial role in business decision-making, greatly influencing both organizational growth and resilience. The ET HR Excellence Awards 2027 - Leadership Honours celebrate prominent leaders in people strategy, highlighting their significant impacts on strategic transformations across diverse facets of human resources and organizational development.
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