Category : Search result: HSBC employment report


Self-Employment Creates 35.8 Crore Jobs in India

India's self-employment sector surged from 23.9 crore to 35.8 crore jobs between FY18-FY24, driving labor force participation to 64.3%. Women lead this entrepreneurial revolution with 10.3 crore new jobs.

Karnataka MGNREGA workers face declining work days

A 2024 study reveals Karnataka's MGNREGA provides only half the guaranteed work days. As funds decline, rural workers report slipping progress in the scheme's 20th year. Learn about the challenges.

India Hiring Activity Improves in 2025, PMI Hits 53.8

India's private sector hiring gained momentum in 2025, with PMI reaching 53.8. Vedanta, KEC International report double-digit workforce growth. Explore the key drivers behind this employment surge.

Indian Firms Target Saudi Arabia for Growth: HSBC

Indian companies are increasingly looking to Saudi Arabia for expansion as global economic risks rise, according to HSBC report. Discover the key sectors driving this strategic shift.

40% of India's IT Workforce Now Uses AI Tools

India's employability rises to 56.35% with 40% of IT workers using AI. Women surpass men in job readiness for the first time. Discover how India is becoming the world's skills capital.

India Services Growth Cools in Oct, Price Pressures Ease

India's dominant services industry showed moderated expansion in October 2024, with business activity and sales growing at a slower pace, though price pressures saw significant relief according to HSBC's latest PMI data.

India Manufacturing PMI Hits 58.5 in October

India's manufacturing activity accelerated significantly in October 2024, driven by robust domestic demand and improved business conditions. The HSBC India Manufacturing PMI climbed to 58.5, marking one of the strongest growth rates in over three years.

India Manufacturing PMI Hits 16-Year High: HSBC

India's manufacturing sector hits unprecedented growth with HSBC PMI reaching 59.1 in March 2024, driven by robust new orders and business confidence. Discover how GST relief and easing inflation are powering this historic expansion.

India's Services Boom Masks 40M Job Crisis

India's booming services sector hides a worrying employment paradox. While 40 million new jobs are projected, only 30% will be in high-value services, creating a massive skills mismatch and threatening economic growth.

Indian-American arrested for dual remote work scam

A 33-year-old Indian-American IT professional faces federal charges for allegedly working two full-time remote jobs simultaneously while collecting over $200,000 in salaries from both companies.

Indian American govt employee arrested for dual jobs

An Indian American government worker faces federal charges after allegedly maintaining a second full-time position while collecting taxpayer salary. Discover how authorities uncovered this brazen employment scheme.

India's Private Sector Growth Cools in June: HSBC PMI

India's private sector activity expanded at a slower pace in June 2024, with HSBC Flash PMI falling to 60.3 from May's stellar 61.7. While manufacturing remains robust, services sector growth shows signs of cooling amid rising input costs.

Delhi Women Get Night Shift Work Rights

Delhi government empowers women with legal rights to work night shifts in shops and commercial establishments, breaking traditional barriers and promoting gender equality in the workforce.

Indian AI Startup Hires Meta's Laid-Off Employees

In a heartwarming response to Meta's massive layoffs, an Indian-origin AI startup founder is offering new opportunities to affected employees with competitive compensation packages.

Morgan Stanley vs Amazon: Job Cuts Controversy

Investment giant Morgan Stanley's report predicting massive job cuts at Amazon faces strong rebuttal from the e-commerce leader. Get the full story behind this corporate clash.

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