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Expansion of workforce across industries is projected at 5.4 per cent in the second half of 2026-27, led by hiring in the e-commerce and technology startups, travel and hospitality, and retail sectors, a report said on Thursday. The projection of net employment change (NEC) for the October-March period of the current fiscal year rose to 5.4 per cent from 4.7 per cent recorded in the first half, reaching the highest level in the past four half-year periods, according to staffing company TeamLease Services' latest Employment Outlook Report (EOR). "The employment growth of 5.4 per cent expected in the H2 of FY27 reflects a shift towards more targeted workforce expansion, with businesses aligning talent decisions closely with changing demand. The challenge now is to ensure that hiring plans translate into the right capabilities on the ground," TeamLease Services Senior Vice President Balasubramanian A said. This will require employers to widen talent pools, build skills faster and adopt
Fear of being judged holds back the majority of Gen Z professionals from connecting or networking with people who could help them in their careers, a report said on Wednesday. India's Gen Z professionals have grown up constantly connected online, but 83 per cent hesitate to interact or network with the people who could help them in their careers, according to a report by LinkedIn. Fear of being judged (44 per cent), concerns about bothering others (39 per cent), and worries about sounding inauthentic (37 per cent) are preventing Gen Z from seeking valuable advice, making connections, and accessing new opportunities, added the report. The LinkedIn report is based on a survey conducted by Censuswide among 18,050 respondents who work full time and part time (18-80 years) between July 20 and August 11, 2026, in countries, including India, the UK, the US, France, Germany, Italy, Netherlands, Singapore, Australia, Brazil, UAE and KSA (Kingdom of Saudi Arabia). The report revealed that ev
Seven states, including Karnataka and Maharashtra, have come up with dedicated policies to facilitate establishment of 1,380 Global Capability Centres (GCCs) with a target to create an additional 12 lakh jobs by 2031, according to CBRE. Real estate consultant CBRE on Friday released a report 'The Policy Advantage: Powering India's GCC Growth'. As per the report, seven states -- Karnataka, Maharashtra, Rajasthan, Gujarat, Kerala, Haryana and Madhya Pradesh -- are targeting setting up of around 1,380 GCCs in their states with a cumulative target of creating about 1.18 million jobs by 2031. "The speed at which state governments have moved to formalise dedicated GCC policies is unprecedented in India's commercial real estate landscape," said Anshuman Magazine, Chairman & CEO - India, South-East Asia, Middle East & Africa, CBRE. "This reflects a broader recognition that these centres are no longer a peripheral component of India's services economy, but a central pillar that states .
West Bengal Industries Minister Tapas Roy on Friday said the state's proposed industrial incentive scheme will be linked to employment generation rather than investment, with a new industrial policy expected to be unveiled later this month. Addressing the business conclave 'Uttaran 2026: Bangla, Building the Next Growth', Roy said industries would be eligible for incentives based on the number of jobs they create. "We are thinking of linking incentives to employment generation rather than investment," he said. The minister said the new industrial policy is expected to be announced on August 15. The state government has earmarked Rs 5,000 crore in the 2026-27 budget to revive industrial incentives after the earlier incentive scheme was discontinued by the TMC government. The new industrial policy is expected to lay down the framework for the incentive programme and include measures to improve ease of doing business through a strengthened single-window clearance system, GIS-enabled