logo
White-collar job demand in India grew by 7 pc in July: Report

White-collar job demand in India grew by 7 pc in July: Report

News1801-08-2025
Mumbai, Aug 1 (PTI) The white-collar job market in India witnessed a 7 per cent year-on-year rise in July, primarily driven by non-IT sectors like hospitality, a report said on Friday.
The growth was driven primarily by non-IT sectors, with Hospitality leading at over 26 per cent, followed by Insurance at 22 per cent, Education at 16 per cent, and Oil and Gas at 13 per cent, according to a report based on Naukri JobSpeak Index.
Hiring in the IT sector remained stable as compared to the last year. However, artificial intelligence-machine learning (AI-ML) roles continued their strong momentum with over 41 per cent growth, the report said.
'Non-IT sectors have been showing solid hiring momentum for a while now, especially when it comes to fresher roles. It is encouraging to see this consistent demand coming from industries like Hospitality, Insurance, and Education," Naukri's Chief Business Officer Pawan Goyal said.
The Naukri JobSpeak Index report is a monthly index that tracks Indian job market trends and hiring activity based on new job listings and recruiter searches on Naukri.com's resume database.
Further, the report revealed that fresher hiring grew by over 8 per cent year-on-year, while hiring for seasoned professionals with more than 16 years of experience grew by 13 per cent.
Unicorns and startups recorded a double-digit growth of 23 per cent and 10 per cent, respectively, it added.
A wave of hiring activity swept across western India in July, with growth seen in all major western states like Gujarat, Maharashtra and Rajasthan.
Gujarat's industrial centres Surat and Jamnagar witnessed a hiring surge of over 18 per cent and 12 per cent, respectively, the report said.
Similarly, hiring in Rajasthan's emerging markets, Udaipur and Jodhpur, grew by over 12 per cent and 11 per cent, respectively, it added.
Maharashtra also contributed significantly, with Kolhapur witnessing a 21 per cent growth in hiring, followed by Aurangabad and Nagpur, both recording 15 per cent growth.
While overall hiring by Global Capability Centers (GCCs) rose a modest 5 per cent in July, Mumbai stood out with a sharp 18 per cent growth, the highest among metro cities. PTI SM SHW
(This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments
First Published:
August 01, 2025, 16:30 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Indian stock market: Nifty tops 25,000 level. Is this rally sustainable in near term?
Indian stock market: Nifty tops 25,000 level. Is this rally sustainable in near term?

Mint

time17 minutes ago

  • Mint

Indian stock market: Nifty tops 25,000 level. Is this rally sustainable in near term?

Stock market today: The Nifty 50 index climbed back above the 25,000 level on Monday, August 18, for the first time since July 25, as a series of positive developments over the weekend helped counter concerns about a possible 25 per cent tariff on Indian imports by the Trump administration. Meanwhile, BSE index Sensex also soared nearly 1,100 points, rallying to 81,678.77 in Monday's trading session. Market experts said that Prime Minister Narendra Modi's statement on potential cuts in goods and services tax (GST) has boosted sentiment, especially in consumption-driven sectors. Analysts believe that automobiles, financials, consumer durables, and domestic-oriented industries connected to infrastructure spending stand to gain the most. 'The Prime Minister recent announcement of potential GST reforms is a significant positive. These measures are expected to reduce the cost of essential goods, which should boost consumer spending and corporate profitability. This will likely improve market sentiment and attract fresh investment,' said Sugandha Sachdeva, Founder of SS WealthStreet. Indian equity indices wrapped up the week on a subdued note, pressured by continued selling in key sectors and dampened global cues. The Nifty 50 managed a marginal rise of 11.95 points to close at 24,631.30, while the Sensex added 57.75 points to finish at 80,597.66. According to Choice Broking, Nifty is currently hovering near its short-term support of 24,590 (20-day EMA). 'The broader setup remains cautiously bearish to sideways, with the Nifty trapped between key averages. A breakout above 24,800 could trigger momentum buying towards 25,000+, while a break below 24,300 may invite fresh selling pressure, dragging the index towards 24,000–23,800. Traders should remain tactical with a buy-on-dips and sell-on-rise approach, keeping a close eye on the EMA cluster for directional cues,' the firm said. Support Levels:- 24200-24000 Resistance Levels :- 24700-24800 Overall Bias :- Sideways To Bullish The Bank Nifty index ended the week at 55,341.85, up 0.61% compared to the previous week's close. The weekly chart reflects buying support at lower levels, with the index successfully sustaining above the key 55,000 level. 'The Bank Nifty index formed a bullish-bodied candle with a slight upper wick, accompanied by consistent trading volumes. This price action reflects the possibility of a sideways or consolidation phase in the near term. As long as the index holds above the 54,800 marks, a 'buy on dips'; strategy remains advisable, with upside targets placed at 55,800 and 56,000. The Bank Nifty index is likely to face significant resistance in the 55,500–56,000 range. If the index continues to move higher, ICICI Bank & HDFC Bank from the private banking sector is expected to support the uptrend. Similarly, in the public sector banking space, SBIN is anticipated to show strength and contribute to any potential upside,' the brokerage firm added. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.

From kitchen waste to jet fuel: Indian Oil transforms used cooking oil into sustainable aviation fuel
From kitchen waste to jet fuel: Indian Oil transforms used cooking oil into sustainable aviation fuel

Mint

time17 minutes ago

  • Mint

From kitchen waste to jet fuel: Indian Oil transforms used cooking oil into sustainable aviation fuel

Cooking oil is typically disposed of after being used in kitchens to prepare several dishes. However, cooking oil is always a waste product, it can now be used to produce sustainable aviation fuel (SAF). An Indian Oil refinery has recently won a certification for producing sustainable aviation fuel with cooking oil, news agency PTI reported citing the company chairman Arvinder Singh Sahney. Indian Oil's Panipat refinery in Haryana has won the International Civil Aviation Organisation's (ICAO) ISCC CORSIA certification (International Sustainability and Carbon Certification - ISCC - developed under the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) to produce SAF from used cooking oil, he added. Sustainable aviation fuel (SAF) is an alternative fuel typically produced from non-petroleum feedstocks that reduces emissions from air transportation. Depending on availability, it can be blended up to 50 per cent with conventional aviation turbine fuel (ATF or jet fuel). India has mandated 1 per cent SAF blending in jet fuel sold to international airlines from 2027. Agencies gather used cooking oil from major consumers, including hotel chains, restaurants, and confectionery companies such as Haldiram, and deliver it to the Panipat refinery, where it is converted into aviation fuel. Hotels and restaurant chains usually dispose of cooking oil after a single use. Currently, agencies collect used cooking oil and export it. "There is a large amount of such oil available in the country. The only challenge is collection. While it is easy to collect from large hotel chains, a solution needs to be found for collection from small users, including households," Sahney said. He further added, 'SAF produced at IOC's Panipat refinery has undergone rigorous assessment for lifecycle carbon emissions and traceability, creating a clear pathway for Indian airlines to integrate certified SAF into their operations.' Additionally, certifications such as ISCC CORSIA ensure the fuel meets environmental and social standards. It also establishes a benchmark for other domestic refiners and industry players to increase SAF production, in line with the government's vision of reaching net-zero emissions by 2070. India plans to gradually blend SAF with conventional ATF. From 2017, 1 per cent SAF will be blended into ATF sold for all international flights, increasing to 2 per cent the following year. SpiceJet had conducted a test flight in August 2018 using a mixture of 75% regular ATF and 25% biofuel. Later, IndiGo demonstrated a flight with a 10% SAF blend on an international route in February 2022.

MCX share price rises 4% after the company launches Nickel futures
MCX share price rises 4% after the company launches Nickel futures

Business Standard

time17 minutes ago

  • Business Standard

MCX share price rises 4% after the company launches Nickel futures

Multi Commodity Exchange of India (MCX) shares rose 3.5 per cent on Monday, August 18, 2025, logging an intra-day high at ₹8,439 per share on BSE. At 11:47 AM, MCX share price was trading 2.35 per cent higher at ₹8,339.95 per share. In comparison, the Sensex was 1.16 per cent higher at 81,533.5. Why were MCX shares rising? The buying on the counter came after the commodity exchange launched the Nickel futures contract, effective today. The contract will contribute to efficient price discovery and encourage greater value chain participation across the country, according to the exchange filing. The launch of the Nickel futures contract will provide a robust mechanism for these industries to help them manage their price risks, making them more competitive. As the contract is rupee-denominated, it will help the participants to not only hedge their commodity price risk but also their currency risk. The trading unit and the delivery unit will be 250 kgs and 1,500 kgs respectively, effective from the September 2025 expiry contract onwards. The tick size will be ₹0.10 per kg, daily price limits of 4 per cent, and margins set at a minimum of 10 per cent or SPAN, whichever is higher. "The relaunch of MCX's nickel contract comes at a timely moment, with Thane district, Maharashtra, designated as the sole delivery centre. By reducing the lot size to 250 kg from the earlier 1,500 kg, MCX is democratising access for a wider pool of participants, especially SMEs and retail investors. This move comes as global markets continue to navigate surplus supply, shifting EV demand dynamics, and geopolitical disruptions. More than just a contract, this relaunch reflects India's ambition to position itself at the core of the global energy transition," said Motilal Oswal. About MCX: MCX, operational since 2003, is India's leading commodity derivatives exchange, and the largest Commodity Options Exchange globally (FIA, 2024), with a market share of about 98 per cent in terms of the value of commodity futures contracts traded in financial year 2024-25. It offers trading in a diverse range of commodities, spanning multiple segments including bullion, energy, metals and agri commodities, as well as sectoral commodity indices. The exchange has forged strategic alliances with various international exchanges, as well as Indian and international trade associations.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store