IIT placements 2026 are seeing record momentum on Day 1, with global recruiters including Amazon, Qualcomm and Nvidia pushing substantial compensation. The biggest buzz comes from proprietary trading firms and market makers offering packages above Rs 2.8 crore for Amsterdam-based roles, as algorithmic trading players intensify competition for top IIT talent.
Central government employees and pensioners are set to benefit from a 2% dearness allowance hike, taking DA from 58% to 60% and increasing dearness relief for pensioners to 60% as well. The revised rates are for January 2026, with arrears expected from the applicable back date, boosting take-home pay and pensions.
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Salaried workers are bracing for changes as India’s new labour codes and income tax rules approach implementation. While companies are planning new pay structures, rollouts are delayed until final government notifications. A move toward a fixed-heavy salary mix and higher basic pay could lower current take-home while improving retirement savings over time.
Mukesh Ambani has again filed for a nil salary as Reliance Industries chairman, continuing a streak for the fifth consecutive year that began during the COVID-19 pandemic. While Ambani’s own pay is reportedly ₹0, his children Isha, Akash, and Anant earned ₹2.31 crore each as non-executive directors, alongside steady compensation for other executives.
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