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Elections 2026Economy / IBTimes
A TeamLease Services report shows that 81 per cent of Indian employers are aware of the Pradhan Mantri Viksit Bharat Rozgar Yojana (PM-VBRY), but awareness is uneven across sectors and company sizes, with start-ups and micro businesses showing very low familiarity. While over half of employers plan to expand hiring in the second half of FY26, only about 60 per cent of them know about the scheme
The fund house said this was the highest wealth gain from gold price appreciation in the last 25 years. Gold prices rose by around Rs 57,000 per 10 grams in 2025 till December 15, after already increasing by Rs 14,000 per 10 grams in 2024.
As per the RBI notification, exporters of goods will continue to declare shipment values through the Export Declaration Form (EDF) embedded in shipping bills at (Electronic Data Interchange) EDI ports.
Foreign currency assets declined by $1.12 billion to $550.86 billion, while Special Drawing Rights and the IMF reserve position also saw marginal decreases. Strong forex reserves reflect economic stability, help manage exchange rate volatility, support international trade, and enable the RBI to stabilise the rupee during periods of pressure.
The move is expected to improve competitiveness for MSME exporters, especially those in smaller towns and remote areas, and give a boost to postal exports. The initiative builds on earlier reforms such as electronic processing of postal exports and imports, automated IGST refunds, and the Hub and Spoke model with over 1,000 Dak Niryat Kendras to support cross-border e-commerce.
Firms like Google, Amazon, Microsoft, Uber, and eBay are offshoring roles, with 38% of respondents saying India hiring replaces US-based jobs. H1B visa restrictions are also influencing this trend, and companies are expanding India teams through scaling existing staff, creating new roles, or moving specific projects. This signals a structural shift in global workforce planning.

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