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SERVICES SECTOR GROWTH JULY 2023
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...
- IT hiring in India revived in July: Naukri JobSpeak IndexIT hiring returned to growth with a 6% rise in July after June's decline, while AI jobs jumped 33%. Overall white-collar hiring grew 5%, le...
- 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 ...
- Petrol, diesel sales soar on weak monsoon rains, LPG demand shifts to piped gasPetrol and diesel sales saw a significant increase in July. Below-normal monsoon rains boosted demand from farmers and motorists. Diesel sa...
- Indian companies build inventories amid rising commodity prices, supply chain risks: ReportIndian companies are accelerating inventory build-up to meet strong domestic demand. This strategy also prepares them for potential commodi...
- FPIs reverse 4-month selling trend with Rs 20,200 cr inflow in JulyIn July, foreign investors reversed their selling trend, becoming net buyers of Indian equities for the first time in four months by invest...
- Goldman Sachs sees a bigger space opportunity beyond launch providersSpace stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital...
- Royal Enfield sales up 34% at 1,18,232 units in JulyRoyal Enfield reported a thirty-four percent increase in total sales for July 2026. The motorcycle maker sold one hundred eighteen thousand...
- Toyota Kirloskar Motor domestic sales up 5% at 30,516 unitsToyota Kirloskar Motor reported a five percent rise in domestic sales. The company sold 30,516 units in July 2026, up from last year. Total...
- Nissan Motor India wholesales jump 66.5% to 9,339 units in July, domestic sales more than tripleNissan India reported a substantial 66.5 percent rise in total wholesales last month. Domestic wholesales saw a significant jump to 4,518 u...
- Mahindra & Mahindra auto sales rise 26% to 1,03,860 units in JulyMahindra & Mahindra reported a twenty-six percent rise in total auto sales for July. Utility vehicle sales grew twenty percent in the domes...
- Govt extends IFSC Authority Chairman K Rajaraman's tenure till Oct 2028K Rajaraman's term as IFSCA Chairman has been extended by 27 months. He will continue in this role until July 31, 2026, or his 65th birthda...
- India climbs 25 places to 57th in global rankings on back of structural, pro-competitive reformsIndia's position in structural and global rankings has improved from 82nd to 57th as per a statement by the Ministry of Commerce & Industry.
- Technology sector funds dominate July returns; 9 mutual funds deliver over 10% gains. Should investors ride the rally?Technology sector mutual funds achieved substantial gains during July. HDFC Technology Fund led with a remarkable 16.91% return for investo...
- 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 ...
- Accommodation and realty top services growth in MayIndia's services sector expanded broadly in May, with sixteen of nineteen tracked sectors showing growth. Accommodation and food services, ...
- Services index shows 16 sub-sectors recorded double-digit growth in MayEight services sub-sectors recorded double-digit growth in May 2026. Accommodation and Food services saw a significant 27.4 percent increas...
- India's private sector growth slumped to over four-year low in July, PMI showsIndia’s private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdo...
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