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INDIA SERVICES SECTOR
India launches new services output index; 14 of 19 sectors post double-digit growth in AprilIndia's new Index of Services Production reveals strong growth in April 2026. Fourteen of nineteen formal services sub-sectors achieved dou...- What is the Index of Services Production and which sectors does it cover?India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, ...
- Online gaming firms move Supreme Court to review 28% GST verdictOnline gaming firms have asked the Supreme Court to review its recent judgment. This judgment upheld the 28% Goods and Services Tax on the ...
- NFO Update: Baroda BNP Paribas Mutual Fund launches a services fundBaroda BNP Paribas Mutual Fund has launched the Baroda BNP Paribas Services Fund, an open-ended thematic equity scheme that aims to capital...
- Voice AI goes mainstream as enterprises move beyond pilotsVoice AI goes mainstream as enterprises move beyond pilots, with large language models enabling natural conversations and driving demand fo...
- HCLTech’s Q1 net profit rises 20% to Rs 4,624 croreThe Noida-headquartered company reported a 12% growth in revenue year-on-year for the April-June period to Rs 34,579 crore, although it gre...
- Wage, fuel spike hit ATM cash services in four statesThe one-day disruption affected ATM uptime and cash availability across the four states, with intermittent service gaps reported as regular...
- AI, Iran war risks weigh on Indian IT firms’ earnings outlookIndian IT companies like HCL Technologies and Wipro are reporting earnings amid AI concerns. Macroeconomic uncertainty and Middle East conf...
- The ATM story: Banks move to cash recyclers from just dispensersMore than 15,000 ATM units are expected to come up for request for proposals (RFPs) for cash recyclers, with nearly 77% of these belonging ...
- Serving the economic cause of servicesTomorrow, the Ministry of Statistics is set to unveil a trial index of services production. This initiative seeks to deliver a timely overv...
- India, Canada conclude third round of talks on proposed trade pactIndia and Canada concluded their third CEPA negotiation round in Ottawa. Both nations aim to finalize this comprehensive economic partnersh...
- Largecap funds no longer the best bet? Edelweiss CIO Trideep Bhattacharya explains why flexicaps may win nowEdelweiss CIO Trideep Bhattacharya argues that largecap funds may be losing their edge due to structural market share shifts. He favours fl...
- HDFC Bank, HCL Tech among 143 companies to announce earnings this weekThe June quarter earnings season is set to accelerate with 143 companies, including HDFC Bank, Reliance Industries and HCL Tech, scheduled ...
- MeitY empanels six tech firms including TCS and CoRover for Government AI MissionThe National e-Governance Division (NeGD) under the Ministry of Electronics and Information Technology (MeitY) has empanelled six technolog...
- India's food services market to reach $50 billion by FY31, online share to rise to 18%: ReportIndia's food services market is set to reach USD 150 billion by FY31. Online food delivery will capture an increasing market share, rising ...
- India Inc's revenue growth to hit 2-year high of 11-11.5% in Q1 despite Iran war: CrisilIndia Inc's revenue is estimated to have grown 11-11.5% year-on-year in Q1FY27, marking the fastest pace in eight quarters, according to Cr...
- Hormuz & Iran war can slow India down but not hold it backDespite the Iran war, Strait of Hormuz risks and elevated crude oil prices, the IMF expects India to remain one of the world's fastest-grow...
- India to roll out new high-frequency economy barometer on July 14India will launch a new services production index next week to track activity in the country's dominant services economy. It aims to provid...
- Information & Computer services to make up 1/5th of India's proposed planned indexIndia will soon release a new monthly Index of Services Production. Information and computer services will lead this important economic ind...
- Expert panel: Release services production index within 60 daysAn expert panel recommended monthly compilation of sectoral indices and releasing the ISP within sixty days. This new index will provide a ...
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