Industry Trends
As rural economy sparkles, mutual funds push to capitalise
Hiring News
Campus offer circuit abuzz for top engineering talent despite slower IT winds
Hiring at major engineering campuses such as BITS Pilani and several NITs has stayed steady to stronger for the Class of 2026, with more recruiters, higher salaries and an increase in pre-placement offers. Core engineering, electronics, semiconductors, banking, consulting and analytics are driving demand, even as IT hiring remains slow.
Salary / Compensation
The wage math: PF contributions may go up, dent take-home pay under new labour code
The new Code on Wages mandates basic salary to be at least 50% of total CTC, increasing provident fund and gratuity contributions. While this enhances retirement savings, it may reduce employees' take-home salaries as employers adjust allowances. This change aims to prevent companies from minimising retirement fund contributions.
