New Delhi, April 17 (IANS) India’s Global Capability Centre ecosystem posted a 12–14 per cent quarter‑on‑quarter growth in hiring in Q4 FY26, marking a shift from selective optimisation in Q3 to a broader recovery‑led expansion, a report said on Friday.The report from workforce solutions firm Quess Corp noted a huge rise in replacement hiring which now accounted for 40 per cent of all recruitment activity. The rise in replacement hiring was driven by shorter tenure expectations among G…
Latest BFSI sector News & Updates
Mumbai, April 1 (IANS) Domestic policy measures and relatively stronger corporate balance sheets provide some cushion to the credit profile of India Inc but the critical question is whether these domestic levers will be sufficient to keep credit quality on course if the global environment deteriorates further, a report showed on Wednesday.Amid the emerging geo-political environment, the credit ratio for the manufacturing and services sector in India improved to 2.06 times in the second half of F…
New Delhi, March 11 (IANS) India’s data centre industry is expected to witness rapid expansion over the next decade, with the market projected to grow from $5.55 billion in 2025 to $13.11 billion by 2034, according to a report released on Wednesday.The workforce required to support the country’s expanding digital infrastructure and highlights a growing gap between infrastructure investment and the availability of specialised talent, according to the report by Quess Corp.The sector is project…
New Delhi, March 5 (IANS) Nearly 7.5 crore working women in India represent an untapped market opportunity worth around Rs 2.8 lakh crore for the banking, financial services, and insurance (BFSI) sector, a report showed on Thursday.Women’s participation in India’s digital ecosystem has grown rapidly in recent years, but ownership of financial products remains disproportionately low despite higher access, according to a report by RedSeer Strategy Consultants.India’s financial inclusion inde…
New Delhi, Feb 2 (IANS) The Union Budget 2026-27 sustains reform momentum through a people-centric approach focused on stability, inclusivity, and long-term value creation, Yezdi Nagporewalla, CEO, KPMG in India, said on Monday.The Budget presents a clear and confident vision of the Government’s commitment to building a developed India, one that effectively balances fiscal responsibility with ongoing investment in growth, resilience, and inclusion. “Adhering to the fiscal deficit glide path,…
Mumbai, Jan 13 (IANS) The year 2025 established yet another new record for the India’s office market with 83.3 million square feet of gross leasing volumes for the full year, according to a report released on Tuesday.With global firms accounting for a robust 58.4 per cent share, India’s position as a strategic business hub offering genuine structural tailwinds was reaffirmed during a period marked by global uncertainties, said the JLL report.The cities of Bengaluru, Hyderabad, Pune, and Mumbai r…