Indian households now owe almost half of GDP.
Household financial liabilities hit ₹158.5 lakh crore in March 2026 — 45.9% of GDP, up from 36.4% in 2022. The ratio hasn't fallen in a single quarter since.
CapitalVia Research Desk ·
Data Story19 Sep 2026
India's fastest-growing job market is not a metro.
White-collar hiring grew 14% across India in August 2026. In Mumbai it grew 7%. In Gandhinagar, it grew this much:
+44%
Gandhinagar
year-on-year growth in white-collar hiring activity, August 2026
year-on-year growth in white-collar hiring activity, August 2026
+7%
MUMBAI
+14%
ALL INDIA
+44%
GANDHINAGAR
The ten fastest-growing job markets
Year-on-year change in the Naukri JobSpeak city index, August 2026 vs August 2025.
Gandhinagar+44%
Bhubaneswar+32%
Rajkot+29%
Nellore+27%
Visakhapatnam+26%
Varanasi+25%
Hyderabad+23%
Raipur+23%
Kolkata+22%
Surat+21%
Fastest riser
Non-metro
Metro
8 of 10
of India's fastest-growing white-collar job markets in August were not metros.
Only Hyderabad and Kolkata made the list.
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Where the big metros landed
Four of India's seven largest white-collar markets grew slower than the national average of 14%.
Hyderabad+23%
Kolkata+22%
Chennai+20%
Bengaluru+14%
Pune+14%
Delhi / NCR+10%
Mumbai+7%
And it isn't rising everywhere
Cities where hiring activity shrank the most year-on-year.
Thiruvananthapuram−17%
Udaipur−14%
Kannur−13%
Chandigarh−12%
Hubli−12%
01If you are salaried: the job you are told to move cities for may no longer be in the city you assumed. Gujarat, Odisha, coastal Andhra and eastern UP posted some of the sharpest gains.
02If you are hiring: the talent race is widening past the metro wage spiral — but so is the competition in these smaller markets, where hiring activity is rising off a much smaller base.
One caution: this is an index of job listings and recruiter activity, not of jobs filled. A 44% rise on a small base is still a small number of roles.
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