Global capability centres (GCCs) in India are set to see an 18-20% hiring surge in 2025, creating up to 380,000 new jobs across various sectors, including healthcare, retail, and emerging industries like travel and QSRs. Increased demand for technology roles and leadership positions is driving this trend.
The revised GDP series slated for release in 2026 will utilize new data sources like E-Vahan and eGram Swaraj for more accurate data. The Ministry of Statistics aims to enhance administrative statistics by incorporating real-time data from various ministries, including vehicle registrations and public finance systems.
Rachna Shah, a 1991-batch IAS officer, has been appointed as the DoPT secretary. This marks the third full-fledged secretary for the department this year. Shah's appointment follows the recent stints of Radha Chauhan, Vivek Joshi, and Tuhin Kanta Pandey. It is hoped that Shah's tenure will bring stability to the department.
Gold prices have gone up after Christmas as all eyes are now on New Year factor.
The Ministry of Statistics and Programme Implementation reported a significant decline in new EPF and NPS subscribers in October 2024-25, with EPF subscriptions at their lowest at 0.75 million. While ESIC saw a slight increase, gender-wise analysis showed male subscribers faced higher subscription declines compared to females across EPF and ESIC.
China has approved building a mega dam in Tibet on the Yarlung Tsangpo river, which becomes the Brahmaputra in India. The project might reduce water flow to India and Bangladesh. The dam aims to generate 300 billion kWh of electricity annually and will support solar and wind energy development, focusing on green energy.
India is unlikely to extradite former Bangladeshi Prime Minister Sheikh Hasina despite a request from Bangladesh's interim government due to geopolitical factors and the terms of the extradition treaty. Hasina is seen as an important ally who has safeguarded India's interests. This request will be carefully studied and may take months.
Exporters requested a ₹750-crore marketing fund over three years to leverage a $25-billion export potential in the US, and a higher cap for interest subvention under export promotion schemes. They sought support amid declining goods exports and aimed to capitalize on opportunities from potential high US tariffs on Chinese goods.
The situation along the Line of Actual Control remains stable but sensitive, with resumed patrolling in disputed areas after an agreement with China. Both sides have removed blocking positions and completed joint verification. Defence exports hit a record ₹21,083 crore, with significant growth contributed by private sector involvement.
The United States has informed India that gangster Satinderjit Singh, alias Goldy Brar, who was reportedly detained in California, is now untraceable. Brar, wanted in India for over three dozen cases including the killing of singer Sidhu Moosewala, may have fled to another country despite initial confirmations of his detention.
Reports have already revealed that US Vice President- elect JD Vance is the most probable and potential Republican Presidential candidate in the US Presidential Elections 2028. But, other latest developments are also claiming that there are other Republicans as well from whom he will be facing a tough competition.
BPCL plans to invest ₹25,000 crore in exploration and production blocks in Mozambique and Brazil over the next three years. The company aims to increase its petrochemicals business share to 15% by 2040 and has announced significant expansion projects, including new refineries and petrochemical complexes.
China's plans to build a massive hydel project on the Yarlung Tsangpo highlight the urgency for India to expedite the Upper Siang Hydroelectric Project in Arunachal Pradesh. India's delayed response may impact Brahmaputra's flow and water security, necessitating immediate infrastructure development along the Himalayan rivers.
State Bank of India is negotiating with other banks to sell a part of the INR 1,800-crore loan given to Adani Power for acquiring Lanco Amarkantak Power. Adani Power bought Lanco Amarkantak for INR 4,101 crore. Adani repaid lenders using generated cash, internal accruals, and raised funds.
Tata Sons' chairman, N Chandrasekaran, emphasized the transformative role of AI and manufacturing in India's future. The Tata Group plans to create 500,000 manufacturing jobs and initiate various high-impact projects, alongside developing critical new facilities in India. The year also marked the loss of visionary Ratan Tata.
India's economic growth over two decades has reduced poverty but not equitably. Covid-19 increased income, expenditure, and savings inequality, highlighting structural barriers and the importance of sustained social policies. Targeting income generation, consumption equity, and wealth creation is crucial for inclusive development.
Former Prime Minister Manmohan Singh died at the age of 92 on Thursday at AIIMS in New Delhi after losing consciousness at home. Political leaders, including Prime Minister Narendra Modi and Priyanka Gandhi Vadra, paid tributes to Singh, highlighting his contributions as an economist and statesman. The Karnataka government announced school and college closures to honor Singh.
The Congress Working Committee (CWC) urges the NDA regime to use the upcoming budget to provide income support to the poor and tax relief to the middle class, focusing on socio-economic caste census, increased reservations, legal MSP guarantees, and higher MGNREGA wages.
PM Manmohan Singh has passed away but has left behind a legacy of both, good and debatable decisions surrounding India's foreign policies, especially with the United States. His ten years regime had been a mixed bag, with the most notable move being staking the survival of his government for the controversial Indo-US nuclear deal of 2008
The heartbreaking story of Hudson Meek, the teenage actor known for his role in Baby Driver, has left many in mourning.
Former Indian Prime Minister Manmohan Singh who passed away pretty recently was extremely instrumental in paving privatization and thus severely helped in reshaping the economic landscape of India which will be remembered for ages.
Test cricket, with its unpredictable and extended format, captivates spectators by offering a deep, narrative-rich experience. The game's long stretches allow for dramatic shifts in play, strategic depth, and intense mental fortitude, making it an elegant spectacle perfect for immersing in every nuance.
OpenAI has extended its full support to the family of former researcher Suchir Balaji, who was found dead in his San Francisco apartment. Balaji had previously raised concerns about the company's use of copyrighted content for training AI models. His whistleblowing efforts had gained attention amid lawsuits against AI companies for copyright violations.