New Delhi, June 11 (IANS) India’s portfolio management services (PMS) industry — which manages assets worth around Rs 42 lakh crore and serves more than 2.1 lakh investor accounts — is at a defining inflection point and has the potential to emerge as a major pillar of the country’s investment ecosystem, a senior Securities and Exchange Board of India (SEBI) official said on Thursday.Speaking at the APMI Leadership Conclave 2026, Manoj Kumar, Executive Director, SEBI said the next phase of grow…
Latest Tier 2 cities News & Updates
New Delhi, May 26 (IANS) Emerging cities in India are emerging as the next growth hubs for global capability centres (GCCs), recording a 42 per cent rise in GCC job openings compared to 19 per cent growth in metro cities, driven by improving infrastructure, supportive government policies and the growing role of artificial intelligence (AI), according to a report released on Tuesday.The report, titled Emerging Cities: India’s Next Frontier for GCC Expansion Report 2026, released by ANSR, said Ind…
New Delhi, May 19 (IANS) Commerce and Industry Minister Piyush Goyal on Tuesday chaired a review meeting on Startup India Fund of Funds 1.0 and 2.0 to discuss strategies for strengthening India’s startup and innovation landscape.Deliberations focused on enhancing support for deep-tech, innovation-driven and manufacturing startups, expanding access to capital, encouraging greater private sector participation and promoting inclusive growth across Tier 2 and 3 cities, said the minister on X.“Also…
Gandhinagar, May 17 (IANS) Union Commerce and Industry Minister Piyush Goyal on Sunday said that India’s annual output of around 14 lakh STEM graduates had become one of the country’s biggest advantages in technology, manufacturing and innovation. Speaking at the inauguration of the Innovation and Incubation Centre at the National Institute of Design (NID) in Gandhinagar, Goyal said India’s growing pool of scientists, engineers and technology professionals was attracting global investment …
New Delhi, May 12 (IANS) India’s Tier 2 cities are rapidly emerging as major retail and consumption hubs, outperforming several larger urban centres in international brand penetration and quality retail infrastructure, according to a report released on Tuesday.The report from Knight Frank India found that Tier 2 cities in India now have cleaner, more institutional retail stock with 61 per cent Grade A space compared with 45 per cent in Tier 1 cities.Chandigarh topped the International Brand Pe…
Surat, April 29 (IANS) Gujarat is set to place South Gujarat at the centre of its next phase of economic expansion as it hosts the Vibrant Gujarat Regional Conference (VGRC) on May 1 and 2 at AURO University in Surat, alongside a parallel focus on global finance through GIFT City and emerging investment opportunities in Global Capability Centres. The conference is expected to bring together policymakers, industry leaders, startups and international stakeholders to examine the role of innovation,…
New Delhi, April 25 (IANS) Government officials, regulators and industry leaders called for a secure, resilient and AI-driven digital ecosystem, powered by next-generation telecom networks and emerging technologies such as 5G, it was announced on Saturday.The ‘COAI DigiCom Summit 2026’ saw wide participation from stakeholders across the ecosystem, who engaged in discussions on policy, innovation and collaboration to drive the next phase of India’s digital growth.Addressing the issue of digital…
New Delhi, April 20 (IANS) Indian employees are offered 1.5-times to 2.5-times salary premiums in banking, financial services and insurance (BFSI) GCCs as they are grappling with a 42 per cent skill gap in AI and data roles, a report said on Monday.Replacement hiring showed a huge surge and it accounted for 40 per cent of all recruitment activity in India’s Global Capability Centre ecosystem, the report from workforce solutions firm Quess Corp said.The rise in replacement hiring was driven by …
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…
New Delhi, April 15 (IANS) India’s gig hiring landscape evolves from a volume‑led opportunity into a capability‑led ecosystem, with demand shifting toward enterprise‑led hiring, Tier‑2 talent hubs and high‑skill remote roles, a report said on Wednesday.The report from foundit talent platform said the broader monthly hiring market moderated in March, with the overall index down 5 per cent month‑on‑month and largely stable on YoY basis up 1 per cent.White‑collar gig jobs grew fro…