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GCC GROWTH STATISTICS
US-Iran peace deal brings relief, but India turns to a risk at homeIndia just got a near-term macroeconomic breather from a US-Iran peace deal. However, early monsoon weakness and potential El Niño conditio...- Budget 2026 key to India’s GCCs becoming the world’s next innovation enginesIndia's upcoming Union Budget 2026 is poised to bolster its status as a global hub for Global Capability Centres (GCCs), projected to contr...
- Strong fundamentals, big-ticket investments to propel India's FDI in 2026India anticipates robust FDI growth in 2026, driven by strong economic fundamentals, new trade pacts, and improved ease of doing business. ...
- Diaspora remittances hit new record at $135.46 bn in FY25Overseas Indians remitted a record $135.46 billion last fiscal year. This marks a 14% increase from the previous year. India remains the to...
- Middle East's Schengen style GCC tourist visa approved, to be rolled out 'soon'The long-pending unified tourist visa for Gulf Cooperation Council (GCC) countries has received official approval and is set for rollout so...
- Union Budget 2025: GCC national framework to get talent and infra boostAs the global GCC capital, India houses more than 1700 GCCs, accounting for 17% of such centres globally. This increased from around 1430 i...
- NetApp elevates Vasanthi Ramesh as India MDIn her new role, Ramesh will lead NetApp India’s site operations with a focus on organisational initiatives such as NetApp Excellerator and...
- GCCs ping class of 2025 to build their tech talent pipelineGCCs gained popularity in campus placements in the last season — for the Class of 2024 — when they stepped in to partially fill the gap lef...
- 'Data centres cannot gamble with on-the-job training; it needs ready talent'The rise of cloud and data centres in India is driving demand for talent and new business models. Vinay Konanur of UNext Learning discusses...
- ETPWLA 2024: Fuelling funding for female entrepreneurship and enabling women-led ventures in Tier I and Tier II citiesDr. Srimathy Kesan, Seema Chaturvedi, and Mitali Nikore dived into the funding landscape of Indian women entrepreneurs, with an emphasis on...
- From fake American accents to AI, Indian BPO sector has come a long wayCall it Outsourcing 2.0, which can take India from once being the telemarketing voice of American companies to becoming in near future thei...
- Macro factors that investors should track in 2024The 2023 global macro backdrop was less hostile for India than thought out at the start of the year. Global growth is tracking nearly 1% pt...
- Inside the Global Capability Centre hiring demand in IndiaGlobal capability centres (GCCs) in India are increasing hiring, with 79% of the 1,500 surveyed keen to add to their talent pool, according...
- 3.64 lakh jobs to be added by Global Captive Centres in next 12 months: ReportThe key reason driving the demand for talent is a surge in service demand from key global markets (34 per cent). From a sub-sector perspect...
- Why bilateral trade deals are beneficial for IndiaThe slew of FTAs should be seen in the context of India's assumption of the G20 presidency under Prime Minister Narendra Modi from next wee...
- How economic downturn in Gulf states has resulted in a drop in remittances into IndiaIndia, the largest remittance-receiving country worldwide, witnessed a near 9% drop in NRI pay-in flows to $62.7 billion in 2016 over the p...
- India receives most remittance from Saudi ArabiaSaudi Arabia is the second most remittance sending country after the US and is estimated to have sent over $27.6 billion of outward remitta...
- UAE benefits from influx of capital from emerging markets"This is a consequence of continued regional instability -- not just in Syria but in Egypt and other parts of North Africa," according to a...
- Gulf states look to harvest food from foreign investmentFaced with a scarcity of fertile land, water shortages and surging world food prices, wealthy Arab states in the Gulf are seeking to secure...
- India, Gulf share special relationshipIndia shares a special relationship with the Gulf region, both in terms of culture and trade.
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