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April PMI jumps as India’s private sector shrugs off Iran war and oil shock

April PMI jumps as India’s private sector shrugs off Iran war and oil shock

India’s private sector activity expanded in April, with both manufacturing and services rebounding strongly, according to PMI data. The uptick came even as firms faced higher costs linked to the Middle East conflict and oil shock. Domestic demand stayed resilient, companies increased stockpiling, and employment improved, signaling confidence despite global risks.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Banks cleaned up NPAs but retail lending is starving job creating firms

Banks cleaned up NPAs but retail lending is starving job creating firms

Banks have largely stabilized their balance sheets by moving away from industrial stress and focusing on retail lending, easing the NPA crisis. But the unintended fallout is a squeeze on credit flow to smaller businesses and firms that create jobs, raising concerns about growth and employment as credit shifts to consumers instead.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India hiring to jump 4.7% in H1 FY27 as e commerce tech startups lead demand

India’s workforce is projected to expand meaningfully in the first half of FY27, with hiring sentiment rising 4.7%. E-commerce, tech startups, healthcare, pharma, and manufacturing are expected to lead job creation, particularly at large enterprises. The trend is linked to structural shifts and policy-driven changes, pushing companies to redesign workforce models to stay compliant and competitive.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
AI threat to jobs is real but uneven as new research tracks hiring shifts

AI threat to jobs is real but uneven as new research tracks hiring shifts

New research from Anthropic uses “observed exposure” to measure how AI actually affects specific occupations. It finds no broad increase in overall unemployment, but signals an early warning: hiring has slowed for young workers in the most AI-exposed professions. The study blends AI capability data with real-world usage patterns to spot labor market shifts early.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Rajasthan youth wait as RTI finds zero govt jobs via employment offices for five years

Rajasthan youth wait as RTI finds zero govt jobs via employment offices for five years

An RTI response has raised alarms in Rajasthan’s job placement system, revealing that over 22 lakh unemployed youth are registered with state employment offices. Despite the large waiting list, not a single government job was filled through these offices in the past five years, pointing to a serious breakdown between job seekers and hiring pathways.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
MSMEs warn of job losses as LPG shortage hits fuel supply and costs

MSMEs warn of job losses as LPG shortage hits fuel supply and costs

The Association of Indian Entrepreneurs has warned that an LPG shortage could trigger job losses across the MSME sector. It has urged both the central and state governments to step in urgently, asking for direct LPG supply support and a temporary reduction in fuel duties to ease operating costs and prevent business disruptions.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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NAPS enrollments jump nearly 50 percent in 2025 26 as reforms reshape apprenticeships

NAPS enrollments jump nearly 50 percent in 2025 26 as reforms reshape apprenticeships

Official data cited by ET shows apprentice registrations under the National Apprenticeship Promotion Scheme (NAPS) hit a record 3.06 million in FY’26, up from 2.05 million in FY’25—an increase of 49.3%. The rise is attributed to reforms introduced in 2025-26, including higher NAPS stipends and decriminalizing minor offences to make participation easier.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Meta ends Sama contract in Kenya triggering layoffs of over 1000 workers

Meta ends Sama contract in Kenya triggering layoffs of over 1000 workers

Meta has ended its contract with Kenyan content moderation firm Sama, setting off layoffs affecting more than 1,000 workers at Sama’s Nairobi office. Sama previously provided moderation services for Meta. The move comes amid an ongoing lawsuit from former moderators alleging poor working conditions and insufficient mental health support.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Bombay HC orders EPFO to grant higher pensions despite missing employer documents

Bombay HC orders EPFO to grant higher pensions despite missing employer documents

In a major relief for employees, the Bombay High Court ruled that EPFO cannot deny higher EPS pensions just because an employer’s records are incomplete. The court said EPFO must use every verification option available before rejecting claims. The judgement favours workers who paid contributions on actual wages but were refused due to document lapses by employers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
PM Viksit Bharat Rozgar Yojana logs only 10 percent target in six months

PM Viksit Bharat Rozgar Yojana logs only 10 percent target in six months

The Pradhan Mantri Viksit Bharat Rozgar Yojana has incentivised over 440,000 new employees and disbursed ₹465 crore to support sustained jobs. But the programme is moving at roughly one-tenth of the initial quarterly target. With global conflicts posing risks to formal hiring, the scheme’s goal of creating 35 million jobs by July 2027 looks under pressure.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Tech layoffs could top 73000 in 2026 as AI reshapes jobs across Meta Oracle and more

Tech layoffs could top 73000 in 2026 as AI reshapes jobs across Meta Oracle and more

Tech companies are projected to cut more than 73,000 jobs in 2026, led by Meta, Snap, Oracle and Atlassian. AI and automation are being cited as the main reasons, with roles shrinking in areas where software can do tasks faster and cheaper. The shakeup is forcing workers to pivot to new skills as hiring patterns change across the industry.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India private sector accelerates in April as manufacturing and orders surge

India private sector accelerates in April as manufacturing and orders surge

India’s private sector picked up momentum in April, led by manufacturing with stronger output and new orders. Companies expanded capacity, invested in technology, and even built buffer stocks to soften supply-chain uncertainty. Employment growth rose as well. Fuel and raw-material costs increased, but businesses remained confident about future output growth.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Swiggy executive says delivery jobs are flexible employment not gig work

Swiggy executive says delivery jobs are flexible employment not gig work

Swiggy Food Marketplace CEO Rohit Kapoor argues that delivery partners should be treated as flexible employment rather than “gig work.” He positions the role as a third pillar of the job market, separate from formal employment and entrepreneurship. Kapoor notes that millions have worked on Swiggy’s platform, highlighting the sector’s scale and long-term growth potential.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Gadkari announces driving schools in 120 districts to create 1 crore jobs and improve road safety

Gadkari announces driving schools in 120 districts to create 1 crore jobs and improve road safety

Transport Minister Nitin Gadkari said the government will open driving schools across 120 aspirational districts and 500 backward blocks over the next five years. The initiative targets youth employment at large scale, aiming to create one crore jobs by training drivers. It also seeks to tackle India’s growing driver shortage while improving road safety through structured training.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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PM Internship Scheme widens fast track adding new sectors and higher stipends for aspirants

PM Internship Scheme widens fast track adding new sectors and higher stipends for aspirants

The government has expanded the PM Internship scheme, bringing in sectors such as semiconductors and renewable energy. Firms can now participate even without CSR obligations, while candidate eligibility has been relaxed and stipends increased. The third phase is set to target 100,000 aspirants, with more than 15,500 internship offers planned to widen access and boost participation.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Women stay in jobs 36 percent longer than men even as participation plunges

Women stay in jobs 36 percent longer than men even as participation plunges

A new report finds women in India’s formal workforce remain employed far longer than men, with median job tenure of 10.6 months versus 7.8 months—a 36% retention gap. Yet women are still underrepresented overall, with comparatively better representation in IT. The biggest warning sign: participation sharply declines among women aged 35 to 45.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India small businesses add 7.5 million jobs in 2025 pushing unincorporated employment to 128.1 million

India small businesses add 7.5 million jobs in 2025 pushing unincorporated employment to 128.1 million

Employment in India’s unincorporated sector climbed to 128.1 million in 2025, driven by small businesses adding 7.5 million new jobs. Services led the expansion, with trade and manufacturing also contributing. Gross value added rose alongside stronger rural performance. Businesses increasingly adopted digital tools, boosting reliance on internet-based operations, while average emoluments and labour productivity improved.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
India Private Sector Growth Surges in April as Hiring Climbs Amid War Fuel Shock

India Private Sector Growth Surges in April as Hiring Climbs Amid War Fuel Shock

India’s private sector growth accelerated in April, with the HSBC Flash Composite PMI rising to 58.3 as manufacturing and services rebounded from the previous month. Despite war-driven concerns and fuel disruptions linked to the Hormuz region, hiring surged to a 10-month high. Price pressures eased only partially, while confidence slipped as firms weighed near-term uncertainty.

Summarised by Beize from a story on Republic on 24 Apr 2026

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Govt recognised over 55200 startups in FY26 with record job creation jump

Govt recognised over 55200 startups in FY26 with record job creation jump

India’s government has recognised more than 55,200 startups in FY26, up 51.6% from the previous year. Direct jobs created by these startups rose 36.1%, reaching the highest single-year level since the Startup India initiative began in 2016, the government said. The surge underscores accelerating startup momentum and employment impact.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Carpet industry backs easier GST compliance but fears higher costs on finished goods

Carpet industry backs easier GST compliance but fears higher costs on finished goods

India’s handmade carpet industry says eased GST compliance is welcome, but it is worried about taxation on finished products. The sector employs over 20 lakh workers and artisans, many in rural areas and especially women, and any added cost could disrupt demand, reduce incomes, and pressure small units already operating on thin margins.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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