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In 2025, the global technology sector experienced unprecedented job losses, with more than 122,549 employees affected across 551 companies, according to Layoffs.fyi data. Major firms like Amazon (14,000 cuts), Microsoft (15,000), and TCS (12,000) led the wave, citing AI integration, cost optimization, and evolving business models. Other notable reductions came from Intel, Salesforce, HP, Meta, Goo
Indian tech sector faces a rising wave of “silent layoffs” in 2025, where companies indirectly push employees to resign through low performance ratings, reduced workloads, and delayed hikes, avoiding public announcements. Following 25,000 direct and indirect job losses in 2023-2024, estimates suggest doubling in 2025. Over 50 startups including Flipkart, Zomato, Zepto, and ShareChat have openly cu
The IT services sector anticipates cautious hiring growth in 2026, prioritizing high-impact skills like AI, GenAI, data engineering, cloud optimization, cybersecurity, and platform modernization over volume-based recruitment.
India’s automobile sector enters 2026 with optimism after 2025’s strong rebound, projecting 6-8% sales growth driven by GST rationalisation, lower interest rates and tax relief boosting affordability. Urban demand fuels passenger vehicles, SUVs dominate while CNG/electric options gain steadily. Rural incomes remain stable. However, 2026 prepares for 2027 CAFE norms and stricter emissions, raising
Indian insurance sector gets massive boosts as 100% FDI in insurance bill has passed both in Rajya Sabha and Lok Sabha. Most importantly, the government also passed the atomic energy sector bill in Lok Sabha.
Public sector bank stocks crashed on December 3 after the Finance Ministry denied any plan to raise FDI limit from 20% to 49%, reversing earlier Reuters reports that had triggered sharp gains. Nifty PSU Bank index dropped over 3% to 8,257.40, extending losses for the second day. Indian Bank plunged 6%, PNB over 4%, while Bank of India, Canara and BoB shed more than 3% each amid dashed hopes of for
India’s banking sector has attracted almost USD 15 billion in foreign investments this year, as global investors show strong interest in the country’s fast-growing economy, expanding digital ecosystem, and largely underbanked population. This surge in international capital reflects confidence in the strength and long-term growth prospects of India’s financial industry.
