'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.'
The first-ever meeting of Labour Ministers from G-20 countries, including India, that began here on Wednesday has stressed on the need to create new jobs and preservation of the existing ones as the working class across the globe are among most hit by the current global economic crisis.
The Social Reckoning may lack the crackling energy of The Social Network, but Aaron Sorkin delivers a timely warning about what happens when a world-changing platform escapes the control of its creator.
Mukherjee said country's institutions must become magnets for talent by shifting from "brain drain" to "brain rain"
The government must realise that it has very little time to recover itself, its reputation, its legacy - and India's fortunes,says Mihir S Sharma.
Jobs in the clean-energy sector are projected to reach 905,000, while energy efficiency-related jobs are expected to surge to 428,700 by 2029-2030.
Finance Minister Arun Jaitley did a balancing act in the Union Budget 2015.
India's services sector growth experienced a significant slowdown in June, reaching a 17-month low due to challenging market conditions and reduced domestic client interest, as indicated by the HSBC India Services PMI Business Activity Index.
Fresh formal job creation declined sequentially for a third straight month in February to fall to a 21-month low, signaling pressure in the employment market. These are the findings from the latest payroll data released by the Employee Provident Fund Organisation (EPFO) on Thursday. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined 10 per cent sequentially to 738,052 in February from 819,659 in January.
Mukesh Ambani, Chairman of Reliance Industries, has called upon India's engineering talent to spearhead Jio's ambitious artificial intelligence initiative. He emphasized India's role as a creator and global leader in AI, not just a consumer, outlining the execution phase of Reliance Intelligence with partnerships and a focus on developing affordable, language-fluent AI for all Indians.
World Bank South Asia Chief Economist Franziska Ohnsorge advocates for the removal of obstacles hindering the adoption of artificial intelligence to foster business growth and job creation, particularly in South Asia.
T C A Anant, former chief statistician to the government, will soon be heading a panel to decide whether the monthly payroll data released by EPFO, ESIC and PFRDA could replace the quarterly enterprises-based survey on job creation by the labour bureau, the prime minister's office decided last week.
'There is a long set of decisions that have to be made along the way for anything to actually get actuated in the real world.'
India's unincorporated non-agricultural sector, excluding construction and corporate enterprises, added approximately 7.5 million workers in a single year, reaching 128.1 million employed in 2025, according to the NSO's ASUSE 2025 report.
Amazon CEO Andy Jassy announced an additional USD 13 billion investment in India, bringing the company's total capital commitment to USD 48 billion by 2030. This significant investment will primarily focus on expanding AI and cloud infrastructure, supporting job creation, boosting e-commerce exports, and digitising small businesses, aligning with India's growing digital economy.
Finance Minister Nirmala Sitharaman urged PSBs to become 'cool' and shed their 'government bank' image to attract young customers.
Quota activist Manoj Jarange has launched an indefinite hunger strike, demanding that the Maharashtra government immediately issue caste certificates based on the 58 lakh Kunbi records identified earlier, asserting that the Maratha community will not grant any further time.
With many companies coming to Gujarat to set up their units, it is necessary to have adequate skilled manpower.
Broadband technology firm GX Group is set to commence manufacturing operations at its advanced photonics facility in India from December, investing Rs 500 crore. This initiative aims to strengthen domestic manufacturing, create skilled jobs, and reduce dependence on imported optical components crucial for high-speed data networks and AI data centres.
Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer's contribution (12 per cent of wages) totalling 24 per cent of wages would be given to establishments for two years, she said. Under the Aatmanirbhar Bharat Rozgar Yojana, every Employees' Provident Fund Organisation (EPFO)-registered establishment taking new employees would get this subsidy.
IBS Group has launched Naviq Technology, an artificial intelligence company dedicated to the global travel industry, backed by a substantial USD 500 million investment over the next five years. The new venture aims to partner with major travel players to drive business transformations, modernise operations, and leverage AI for new revenue streams, with plans for significant job creation in India.
India's services sector experienced its strongest growth in six months in May, with the HSBC India Services PMI Business Activity Index rising to 59.8. This expansion was driven by healthy demand, new client acquisitions, and improved new business intakes, alongside a softer rise in cost burdens.
Dell Technologies is significantly expanding its domestic manufacturing in India, with a majority of its servers now produced locally, driven by data sovereignty and AI adoption. The company also launched new AI infrastructure solutions, including PowerStore Elite, designed for secure on-premises data management and AI workflows, while asserting that AI creates more jobs.
In November alone businesses created 314,000 new jobs, Obama said.
India's private sector activity slowed to a four-year low in July, with the HSBC Flash Purchasing Managers' Index (PMI) falling to 54.3, driven by weakened sales and output amidst renewed tensions in West Asia and rising inflationary pressures.
Fresh formal job creation cooled for the second consecutive month to decline to a six-month low in September, signalling a downturn in the labour markets this financial year. The number of new monthly subscribers under the Employees' Provident Fund (EPF) declined by 6.45 per cent to 891,583 in September from 953,092 in August, shows the latest payroll data released by the Employees' Provident Fund Organisation (EPFO). Besides, the net payroll additions -- calculated by taking into account the number of new subscribers, the number of exits, and the return of old subscribers -- increased by 14.9 per cent to 1.72 million in September from 1.49 million in August.
As industrial plants boost the village's profile, locals demand priority hiring, alongside better storage facilities and water security.
Amazon CEO Andy Jassy has announced a significant expansion of the company's quick commerce business, Amazon Now, to over 300 Indian cities, aiming to build the country's largest delivery-in-minutes network. This move follows a recent USD 35 billion investment commitment by Amazon in India.
Maharashtra plans new policy to make domicile certificate mandatory for driving licence from August 2026, alongside efforts to regulate bike taxi services for revenue and job creation.
The processes that create a seven per cent-plus GDP growth rate without a similar growth in jobs are far from fully understood, says Ajit Balakrishnan.
'After that the burdens of an ageing population will be upon us, and the share of working age population will shrink.'
The Survey says that present skilled workforce in India is only 2%.
Stock market investors are expecting a balanced Budget with a focus on job creation, increased spending on infrastructure, reigning in the deficit, and bringing the economy back on track, experts said on Wednesday. Stock markets have been subdued in the run-up to the Union Budget with BSE's benchmark Sensex is almost flat so far this month. Even the corporate earning season failed to excite the markets, while some indices like IT and bankex have seen some positive movements.
The government plans to start 100 centres in two years, which will also become a career counselling centre for job-seekers.
Indian foreign direct investment (FDI) in the United States has reached approximately USD 16.4 billion, supporting around 70,800 jobs and contributing significantly to research and development, according to US Deputy Undersecretary Brandon Remington.
Around 67.59 jobs were generated in the entire 2018-19 fiscal, the payroll data based on members joining the schemes of the EPFO showed.
Congress leader Rahul Gandhi criticised the BJP and RSS for undermining the Constitution and accused the TMC of failing to deliver on job creation promises during rallies in West Bengal.
The council wants the government to stick to its fiscal consolidation road map.
Bank fraud is no longer just an external cyber threat -- insiders with legitimate access can exploit banking systems, trusted credentials and institutional blind spots to quietly siphon money.
