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Companies prioritising AI readiness, specialised skills over large-scale workforce expansion: Report

New Delhi, Jul 6 (PTI) Organisations are increasingly prioritising hiring quality over hiring volume, with AI readiness, specialised skills and faster execution emerging as key workforce differentiators, says a report by upGrad Rekrut, the talent and staffing arm of upGrad. According to India at Work: FY27 Hiring Trends, the hiring market is entering a new phase as employers are increasingly prioritising specialised talent, AI capabilities and faster hiring decisions over large-scale workforce expansion. Based on responses from 11,418 senior HR, talent and business leaders across 12 sectors, the report noted that employers are shifting their focus towards capability-led workforce planning,

Stock markets climb in early trade on buying in blue-chip bank stocks, lower oil prices

Mumbai, Jul 6 (PTI) Benchmark equity indices Sensex and Nifty rallied in early trade on Monday driven by buying in blue-chip bank stocks and lower crude oil prices. Fresh foreign fund inflows also added to the optimistic trend in the domestic equity market. The 30-share BSE Sensex climbed 281.40 points to 78,051.03 in early deals. The 50-share NSE Nifty rallied 74.60 points to 24,347.05. From the Sensex pack, Bharat Electronics, HDFC Bank, Axis Bank, ICICI Bank, Bharti Airtel and HCL Tech were among the major winners. Kotak Mahindra Bank, Bajaj Finserv, Power Grid and ITC were among the laggards. Brent

Rupee falls 10 paise to 95.28 against US dollar in early trade

Mumbai, Jul 6 (PTI) The rupee fell 10 paise to 95.28 against the American currency in early trade on Monday, weighed down by the broad strength of the American currency in the overseas market. Forex traders said whenever fresh foreign inflows enter the country, the central bank is likely to use the opportunity to rebuild its reserve position rather than allowing the rupee to strengthen too much. Moreover, uncertainty prevailed over the progress of US-Iran peace talks keeping a geopolitical risk premium in the market. At the interbank foreign exchange market, the rupee opened at 95.25, then touched 95.28 against

Six killed in Mumbai as rains wreak havoc, disrupt travel

MUMBAI, July 6 (Reuters) – At least six people including five children were killed when a group of buildings collapsed in ​the eastern suburbs of Mumbai on Sunday, ‌the latest casualties of heavy rains that have disrupted travel and shut down schools in the city. Here are some details: Two to ​three multi-storey houses in a slum collapsed in ​the Mankhurd area of Mumbai, which left five ⁠young children and one woman dead, civic authorities ​said. Rains also triggered landslides on the expressway connecting Mumbai with ​Pune, forcing its closure and disrupting traffic between the two cities. Television images showed

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