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IICRIER SURVEY IT SECTOR
AI-linked hiring in India outpaces job losses by over 51,000: NomuraArtificial intelligence is creating more jobs than it is eliminating in India. This technology has resulted in a net positive employment im...- India’s market rally is just getting started: Emkay strategist on IT, smallcaps and sectors to buyWe believe the market is in the early stages of a broader rally. Recent resilience suggests a durable bottom is forming, supported by two k...
- Sambhal violence report: Mob intended to attack survey team, says court commissionerA judicial commission report on Sambhal violence, tabled in the Uttar Pradesh Assembly, has concluded that clashes during a court-ordered s...
- India's services growth slows to 4½-year low in July as demand weakensIndia's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international ...
- US service sector maintains strong growth pace in JulyThe Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0...
- Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
- Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI showsEuro zone business activity reached an eight-month high in July. Services activity rebounded, joining a strengthening manufacturing sector....
- Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
- India's July services sector growth slides to over four-year low as demand wilts: PMIIndia's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moder...
- UAE non-oil growth hits four-month high in July, PMI showsThe UAE's non-oil private sector expanded at its fastest pace in four months in July, driven by stronger new orders, a rebound in export bu...
- How Jammu & Kashmir has changed seven years after Article 370Jammu and Kashmir has seen significant economic growth and development over seven years. The Union Territory achieved full literacy status ...
- Govt weighs PLI 2.0 with sharper focus on high-performing sectorsIndia is planning a second phase for its production-linked incentive programme. This new phase will support high-performing sectors and red...
- Quant MF ups IT exposure as sector enters ‘neglected territory’; sees crude correctionQuant Mutual Fund has raised its exposure to IT services over the past two months, viewing the sector as increasingly “neglected” and offer...
- US factory activity accelerates, uncertainty remains high: surveyUS manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent,...
- US manufacturing activity jumps to more than four-year high in JulyU.S. manufacturing activity reached its highest level in over four years during July. Strong order growth boosted factory employment, while...
- China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...
- AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
- 9-hour long meeting on a Saturday? Noida techie shares WFH story, raises work-life balance concernsA Noida IT worker's video shows a nearly ten-hour weekend work meeting. This viral clip revealed the intense demands of remote IT employmen...
- JPC asks industry to estimate financial hit from frequent pollsThe Joint Parliamentary Committee is seeking business impact data from industry bodies. Companies are detailing disruptions from past elect...
- Top six IT firms add 5,400 employees in Q1, led by TCSThe number was skewed by India’s largest firm, Tata Consultancy Services, which made its biggest quarterly addition in three years, hiring ...
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