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AI threat to financial advisors? It may make money advice cheaper, but what about jobs — EY report answers

• AI could make financial advice cheaper and expand access to diverse investors across India
• The report raises questions about the impact on financial-advisor jobs
• Cheaper advice could widen access for Indian investors; financial-advisor firms face potential job disruption

DA hike 2027: Dearness Allowance may rise to 67% from January | How much more could employees get?

• January 2027 Dearness Allowance may rise to 67%, pending confirmation
• The rate depends on upcoming CPI-IW readings

White-collar hiring shifts towards specialised AI skills, experienced professionals in September: Report

• White-collar hiring is becoming more selective
• Demand is rising for specialised AI skills and experienced professionals

How AI is redefining Wall Street jobs — and boosting demand for this new 'hottest skill' by 1,721%

• Banks are ramping up hiring for AI engineers skilled in coordinating teams of specialized agents

Nscale hires Meta’s Justin Osofsky to be COO ahead of IPO

Nasdaq Leads Stocks Higher as Hiring Softens

• Nasdaq led stocks higher as hiring softened
• Bond yields turned higher and oil fell as the G-7 agreed to release diesel and crude
• Lower crude prices can ease costs for Indian oil-marketers, airlines and other fuel-intensive sectors

PMEGP may get 5-year extension till 2030-31 with Rs 15,000 crore outlay; govt weighs easier norms

• Government is considering extending PMEGP until 2030-31
• The proposed extension has an estimated Rs 15,000 crore outlay
• A larger PMEGP could support Indian micro-enterprises and employment

AI breaks India’s linear growth model, but campus hiring remains weak: Nasscom’s Rajesh Nambiar

Falling wages, soaring energy prices and inflation: It’s beginning to look a lot like the 1970s

• The article compares current falling wages, rising energy prices and inflation with the 1970s
• It asks whether investors should return to the financial playbook used during that decade

The Underwhelming Jobs Data That Sparked a Stock Rally

• September jobs data eased fears of further rate increases, sending the Nasdaq to an intraday high

Bets on an October Fed rate hike fall as US job market cools

• The US added 29,000 jobs last month, below economists’ forecast of 90,000
• The unemployment rate rose to 4.2%

US economy adds just 29,000 jobs in September as hiring slows sharply

• The US economy added 29,000 jobs in September, as hiring slowed sharply
• US hiring weakness may affect Indian IT firms through client spending and Fed-rate expectations

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

• US nonfarm payrolls rose by 29,000 in September, versus 84,000 expected
• Unemployment rose to 4.2%, from 4.1% expected
• A softer US jobs market may affect Indian IT exporters through client demand and global rate expectations

‘Workers growing increasingly anxious’: US adds 29k jobs, far below 90k expected

• US employers added 29,000 jobs in September, far below economists’ 90,000 expectation
• The unemployment rate rose to 4.2%
• Weaker US demand may weigh on Indian IT exporters’ growth prospects

Charting the Global Economy: US Employment Growth Moderates

US adds 29,000 jobs in September as unemployment rises to 4.2%

• Hiring fell from a revised 133,000 in August to 29,000 in September
• Unemployment rose to 4.2% from 4.1% in August
• US demand signals matter to Indian IT services companies reliant on American clients

Nike plans more layoffs from 2027 as ‘Pace’ restructuring aims to save $2.5 billion

Wipro breaks ranks with IT peers, gives junior staff 180 days on bench: Where do TCS, Cognizant, Infosys stand?

• Wipro gives junior and mid-level staff up to six months to find a billable role
• Longer bench periods may affect Wipro’s staffing costs and margins

US jobs growth falls sharply to 29,000 in September; rate-hike bets tumble, futures surge

• US employers added 29,000 jobs in September, below expectations of 84,000–90,000
• Rate-hike bets tumbled and futures surged after the weak jobs figure

Traders now see little chance of a Fed rate hike in October after weak jobs report

• Odds of an October Fed rate hike tumbled after a report showed a soft labor market
• More traders lowered the chance of a rate increase this month

U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

• The US added 29,000 jobs in September and unemployment rose to 4.2%
• Traders priced a 23% chance of a second Fed rate hike at its policy meeting later this month
• US rate expectations influence foreign flows into Indian equities and funding conditions for Indian companies

Switching jobs to get higher pay works best in these industries

• Switching jobs can bring higher pay, with the strongest gains varying by industry

1.7 million skilled trade jobs will open annually through 2035, report says—experts don't know who will fill them

• A report says 1.7 million skilled trade jobs will open annually through 2035

Reaction roundup: Experts, analysts weigh in on September jobs report

‘H-1B is completely broken’: Vance backs scrapping visa system amid US layoff scrutiny

Soft September jobs report sends markets higher