News for 'india workforce'

India's Freshers Face Tougher Job Market

India's Freshers Face Tougher Job Market

Rediff.com5 days ago

Employers are increasingly prioritising professionals with four to 10 years of experience.

8.7cr Indian youth are not studying, working: Niti report

8.7cr Indian youth are not studying, working: Niti report

Rediff.com3 days ago

A Niti Aayog report reveals that an estimated 8.7 crore Indian youth aged 15 to 29 are not engaged in education, employment, or training (NEET), underscoring the critical need for subsidised training programmes focused on self-employment and emerging sectors.

One In 10 Staff At California Unicorns Works In India

One In 10 Staff At California Unicorns Works In India

Rediff.com7 days ago

One in 10 employees at California-headquartered technology unicorns now work from India, surpassing other major US tech hubs and several countries, driven by US visa restrictions and substantial cost savings.

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

HDFC Bank's Workforce Shrinks by 3,343 in FY26 Despite Balance Sheet Expansion

Rediff.com14 Jul 2026

HDFC Bank, India's largest private sector lender, reported a reduction of 3,343 employees in FY26, bringing its total workforce to 2,11,178, even as its balance sheet expanded by 12 per cent. The bank's MD and CEO, Sashidhar Jagdishan, attributed the headcount reduction to redeploying talent from back-end functions to customer-facing roles due to technology-led efficiencies. The annual report also addressed the challenging resignation of part-time chairman Atanu Chakraborty, which raised questions about the bank's governance standards.

Digital Divide Keeps Women Out of India's Gig Economy: Report

Digital Divide Keeps Women Out of India's Gig Economy: Report

Rediff.com14 hours ago

Despite near gender parity in basic bank account ownership, women in India remain significantly underrepresented in the growing platform economy due to gaps in digital financial capability and access to credit, according to a joint report by the International Labour Organization and National Council of Applied Economic Research.

How Generative AI Will Reshape India's Job Market

How Generative AI Will Reshape India's Job Market

Rediff.com29 Jul 2026

A Goldman Sachs report indicates that up to 12% of India's non-agricultural workforce is at risk of substitution by generative AI, while 42-48% could be complemented. The report highlights uneven impacts across sectors and job types, with IT-enabled services facing higher risk and physical tasks remaining less affected. Gen-AI is projected to boost India's labour productivity growth over the next decade.

Report Highlights Key Challenges For India's AI Growth

Report Highlights Key Challenges For India's AI Growth

Rediff.com6 days ago

A report by policy think tank The Dialogue reveals that India's artificial intelligence (AI) ecosystem is primarily constrained by a shortage of skilled talent and a lack of data standardisation, rather than market concentration. The study, which surveyed 308 stakeholders, found that talent availability and data usability are major concerns, with a significant reliance on open-source AI models.

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

NSDC And AWS Launch Major Cloud And AI Skilling Initiative

Rediff.com2 days ago

The National Skill Development Corporation (NSDC), in collaboration with Amazon Web Services (AWS) and Cultus Education, has launched a nationwide initiative to provide cloud and AI skilling to 1.5 lakh learners. This programme aims to equip youth, especially from Tier 2 and Tier 3 cities, with essential technology skills and job-ready training, contributing to India's goal of becoming a global innovation hub.

Automation nudges banks towards leaner workforce

Automation nudges banks towards leaner workforce

Rediff.com28 Apr 2026

Major Indian banks, including Axis Bank, HDFC Bank, and RBL Bank, have reported a decline in employee headcount in FY26, attributing the reductions to significant investments in technology and automation yielding productivity gains across operations.

AI drives demand for flexible office spaces as firms seek agility

AI drives demand for flexible office spaces as firms seek agility

Rediff.com4 days ago

Artificial intelligence (AI) is significantly increasing the demand for flexible office spaces in India, as enterprises prioritise agility, speed-to-market, and struggle with forecasting workforce requirements. AI-native startups are a primary driver, while established companies are adopting 'core-plus-flex' strategies to balance stability with adaptability.

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

8 Nations With Highest Doctor-To-Population Ratios: Where Is India?

Rediff.com13 Aug 2026

How well is your country's healthcare system staffed? We compare the density of essential healthcare professionals across countries, based on figures from World Population Review.

BMW India CFO: 'Surprised by scale and length of tax litigation'

BMW India CFO: 'Surprised by scale and length of tax litigation'

Rediff.com7 Aug 2026

BMW India CFO Carsten Lammers has expressed surprise at the extensive scale and prolonged duration of tax and Customs litigation in India, advocating for faster dispute resolution and simpler procedures to ensure business stability.

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Nandan Nilekani: Why Small Businesses Will Drive India's Job Growth

Rediff.com6 Aug 2026

Infosys co-founder Nandan Nilekani predicts that large corporations in India will lose jobs due to automation and AI, while millions of small businesses will drive future employment growth. He advocates for deregulation, simplified business interfaces, and digital platforms to support small entrepreneurs and a gig economy workforce.

India Calls For BRICS Partnership In Digital Public Infrastructure And Telecom Standards

India Calls For BRICS Partnership In Digital Public Infrastructure And Telecom Standards

Rediff.com5 days ago

Minister of State for Telecom Chandra Sekhar Pemmasani urged BRICS nations to collaborate on building institutional capacity and advocating for fair standards in international telecom and ICT bodies. He highlighted India's willingness to share its modular, open-source digital public infrastructure frameworks like Aadhaar and DigiLocker, emphasising their role in sustainable development and economic growth across the Global South.

India Will Become A Leader In Applied AI: Nilekani

India Will Become A Leader In Applied AI: Nilekani

Rediff.com7 Aug 2026

'Applying AI to change the lives of Indians and at population scale -- just like we did with DPI [digital public infrastructure] -- is really where it's going to go.'

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Former CEO of Ethiopian Airlines Tewolde Gebremariam is new Air India boss

Rediff.com6 Aug 2026

Air India has announced the appointment of Tewolde Gebremariam, former CEO of Ethiopian Airlines Group, as its new Managing Director and Chief Executive Officer, replacing Campbell Wilson. This strategic appointment comes as the airline navigates expansion amidst significant challenges.

How Maharashtra Plans To Lead India In Quantum Technology

How Maharashtra Plans To Lead India In Quantum Technology

Rediff.com17 Jul 2026

Maharashtra Chief Minister Devendra Fadnavis announced the state's ambition to become India's leader in quantum technology. The state plans to build a robust ecosystem, align with the National Quantum Mission, and train over 5,000 professionals, recognising AI, semiconductors, and quantum tech as key pillars for future growth and global competitiveness.

'Is It A Demographic Curse?'

'Is It A Demographic Curse?'

Rediff.com8 Jul 2026

'The main problem the country faces is not low GDP growth, but low employment growth.'

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Cognizant to spend up to $320 million on AI-led restructuring, workforce impacted

Rediff.com8 May 2026

IT services giant Cognizant is embarking on a significant AI-led restructuring programme, Project Leap, involving an investment of up to $320 million, which will lead to workforce reductions across geographies and a strategic shift towards AI capabilities to boost productivity and margins.

GenAI Talent Shortage Hits India

GenAI Talent Shortage Hits India

Rediff.com29 Jun 2026

GenAI recorded the widest talent gap, followed by AI deployment engineering (72.4 per cent), AI governance (70 per cent), and MLOps (68 per cent).

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

GMR Aero Technic And Honeywell Aerospace Collaborate To Boost LEAP Engine MRO In India

Rediff.com28 Jul 2026

GMR Aero Technic has signed a license agreement with Honeywell Aerospace to provide maintenance, repair, and overhaul (MRO) services for LEAP engine line replaceable units (LRUs). This partnership will enhance MRO capabilities for Airbus A320neo and Boeing 737 MAX aircraft in India, leveraging Honeywell's technology and GMR's infrastructure to offer efficient and cost-effective solutions for regional airlines.

Women Owners Employ More Women

Women Owners Employ More Women

Rediff.com14 Jul 2026

In cities where women own a larger share of small businesses, women also account for a larger share of jobs.

How India's AI Job Market Is Evolving Beyond Experimentation

How India's AI Job Market Is Evolving Beyond Experimentation

Rediff.com17 Jun 2026

A new report reveals a significant shift in India's AI hiring landscape, moving from experimental roles to those focused on deployment, integration, and scaling of AI solutions. Employers, including GCCs, IT services, and enterprises, are increasingly seeking professionals who can implement AI across core business operations, leading to a demand for core AI roles that currently outstrips the available supply.

AI training to free coaching: Modi's big youth push on I-Day

AI training to free coaching: Modi's big youth push on I-Day

Rediff.com15 Aug 2026

Prime Minister Narendra Modi has outlined a comprehensive plan to empower India's youth, including training one crore youngsters in artificial intelligence skills and providing free online coaching for competitive examinations, aiming to position them at the forefront of the nation's journey to become a developed nation by 2047.

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

2 vessels with 22 Indians on board hijacked off Yemen, Somalia

Rediff.com4 days ago

Two commercial vessels, an oil tanker and a cargo ship, carrying a total of 22 Indian nationals, were hijacked by armed pirates in separate incidents off Yemen and Somalia. All Indian crew members on both vessels are reported to be safe, according to the latest information from the shipping ministry and the External Affairs Ministry.

National Handloom Day: 6 Wondrous Indian Handloom Fabrics

National Handloom Day: 6 Wondrous Indian Handloom Fabrics

Rediff.com7 Aug 2026

Our nation's skilled artisans spend days, sometimes weeks and months, weaving everything from gorgeous shawls to fantastic rugs, along with saris, using techniques passed down from father to son over centuries.

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Nasscom Urges Focus On Deep Engineering Skills Amid AI Adoption

Rediff.com14 Jul 2026

Nasscom has warned that India's technology workforce risks becoming merely AI-reliant rather than truly AI-native if deep engineering expertise is not preserved. The industry body highlights that while many professionals adopt AI, only a fraction are AI-native, necessitating a shift in academic and industry approaches to foster foundational skills and independent problem-solving.

HUL, Dabur cut staff as median pay rises in FY26

HUL, Dabur cut staff as median pay rises in FY26

Rediff.com12 Jul 2026

India's leading FMCG companies, including Hindustan Unilever and Dabur, reduced their permanent workforce in FY26, even as most firms in the sector, such as Tata Consumer Products and Marico, increased median employee remuneration, reflecting a mixed trend in staffing and compensation strategies.

'India Has Only 15 More Years Left...'

'India Has Only 15 More Years Left...'

Rediff.com27 Jul 2026

'After that the burdens of an ageing population will be upon us, and the share of working age population will shrink.'

'Coding Agents Won't Replace Software Engineers'

'Coding Agents Won't Replace Software Engineers'

Rediff.com17 Aug 2026

'It seems unlikely that organisations will be a bunch of individuals who work on their own and there are no teams anymore, because that is not sustainable.'

New Venture Targets Gig Worker Welfare

New Venture Targets Gig Worker Welfare

Rediff.com27 Jul 2026

The physical centres will operate on a monthly subscription model, where access would be limited to verified active gig workers and platform verification.

PwC Report: AI Integration Key To Indian Manufacturing Success

PwC Report: AI Integration Key To Indian Manufacturing Success

Rediff.com29 Jul 2026

A PwC India report highlights that the competitiveness of India's industrial manufacturing sector hinges on the seamless integration of Artificial Intelligence (AI) into business strategies and operations. The report indicates that a significant majority of Indian manufacturers view AI as crucial for achieving strategic goals and are accelerating automation across various functions to build intelligent enterprises and gain sustainable competitive advantage.

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Andhra Pradesh, PNB Launch Quantum Finance Hub For Banking Innovation

Rediff.com23 Jul 2026

Andhra Pradesh and Punjab National Bank (PNB) have signed an MoU to establish the PNB Quantum Finance Hub at Amaravati Quantum Valley. This initiative aims to foster innovation and adopt next-generation technologies like AI and Quantum Computing in the banking sector, focusing on cybersecurity, fraud detection, and customer experience.

IT companies risk losing ground to AI-native firms: S&P Global

IT companies risk losing ground to AI-native firms: S&P Global

Rediff.com14 Jul 2026

Indian IT service providers face heightened competition from AI-native firms in the next three years, potentially eroding their revenue base unless they remain competitive and protect recurring businesses, according to a report by S&P Global Ratings.

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Adani Properties Is India's Fourth Most Valuable Real Estate Firm

Rediff.com15 Jul 2026

Adani Properties has emerged as the largest value creator in the 2026 Grohe-Hurun India Real Estate 150, adding Rs 38,000 crore in valuation to become India's fourth-most valuable real estate company, with its valuation rising 72.5 per cent year-on-year to Rs 90,400 crore.

BRICS Countries Unite To Build Resilient Digital Healthcare Systems

BRICS Countries Unite To Build Resilient Digital Healthcare Systems

Rediff.com24 Jul 2026

The CEO of the National Health Authority, Sunil Kumar Barnwal, highlighted BRICS nations' shared aspiration for connected, patient-centric, and resilient healthcare systems through digital health infrastructure and responsible AI. Discussions at the 16th BRICS Health Ministers' meeting focused on overcoming challenges like limited interoperability and workforce constraints, with countries like Brazil and Indonesia sharing successful digital health initiatives.

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

FULL TEXT: President Murmu's address to the nation on eve of 80th I-Day

Rediff.com15 Aug 2026

In her address to the nation on the eve of the country's 80th Independence Day, the president stressed that just as government and society remain united to ensure national security, everyone must contribute through joint and concerted efforts to safeguard the present and future of students.

BRICS Nations Strengthen Health Cooperation Through Digital Innovation

BRICS Nations Strengthen Health Cooperation Through Digital Innovation

Rediff.com24 Jul 2026

Union Health Secretary Punya Salila Srivastava highlighted the strong health cooperation within BRICS, emphasising the critical role of digital health and artificial intelligence in ensuring continuity of care. Speaking at the 16th BRICS Health Ministers' meeting, she noted shared challenges among member nations and showcased India's advancements in digital health infrastructure and AI strategy.

AI Learning Breaks Engineering Barriers

AI Learning Breaks Engineering Barriers

Rediff.com19 Jun 2026

AI is no longer a tool only for software engineers and technology teams.

Adobe Expands India Presence With New Noida Office

Adobe Expands India Presence With New Noida Office

Rediff.com8 May 2026

Adobe has announced the opening of a new office in Noida, its seventh in India. The new campus will house over 700 employees and signifies Adobe's continued focus on driving innovation from India.