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INDIA SERVICES SECTOR GROWTH
India's strong economic momentum continues despite global uncertainties, says Chief Economic AdviserIndia's economy shows strong near-term momentum, driven by domestic factors and exports. The Reserve Bank of India's deposit mobilisation o...
Realty, retail & wholesale trade lead services expansion in JuneIndia's services sector experienced broad-based growth in June. Eighteen of nineteen tracked segments expanded, with eight achieving double...
People aged above 40 account for 76 pc of individual deposits in banks: RBI dataIndividuals over forty hold most bank deposits, while younger workers contribute less. Term deposits grew significantly, outpacing savings ...
Despite a strong Q1 showing, risks are on the upside, thanks to geopolitics and geo-economicsIndia's GDP grew 7.8% in Q1, surpassing expectations and indicating economic resilience. This growth occurred despite a challenging global ...
Bank credit to industry rises 20 percent in July: RBI dataBank credit to industry grew by twenty percent in July, while agriculture advances expanded faster. Non-food bank credit saw nineteen point...
India's services exports rise 13.4% to USD 38.25 billion in July: RBIIndia's services sector saw a remarkable expansion in July, with exports climbing 13.4% to USD 38.25 billion alongside a 19.1% rise in impo...
Q1 GDP print shows domestic momentum strong but global risks remain a concern: CEA NageswaranIndia's domestic economic momentum remains strong in the near term, but uncertainties over global interest rates, energy supplies and food ...
India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shockIndia’s GDP grew 7.8% in Q1 FY27, slower than the revised 8.6% in Q4 FY26, but faster than the revised 6.9% in Q1 FY26. The Q1 growth beat ...
Index of services production shows 8 sub-sectors record double-digit growth in JuneJune 2026 marked a period of significant double-digit growth across eight service categories, with real estate and retail trade leading the...
ET Graphics: Changing face of India’s office martIndia's office market sees expanding occupier demand, with BFSI leading growth. BFSI companies transacted over seven million square feet of...
India Inc sales growth accelerates to 19.4 per cent in Q1 FY27, manufacturing leads recovery: RBIIndian companies show stronger sales growth entering fiscal year twenty twenty seven. Manufacturing sales accelerated significantly, driven...
Now Chinese firms eyeing entry into Semicon India 2026Surging component imports drawing Chinese companies to Indian govt's flagship event
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lagPublic sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private...
FM Sitharaman cites financial sector boom to woo Canadian investorsIndia's Finance Minister Nirmala Sitharaman sees collaboration opportunities with Canadian banks and fintech firms. She noted India's robus...
The human advantage behind Huron’s growth in IndiaHuron has seen remarkable growth in its India team since 2020, surpassing 4,100 professionals. This advancement signals a deliberate transi...
India's MICE sector to grow by 12-14 pc annually for next 3-5 years: NIMAThe MICE sector in India is set to experience an annual growth of 12-14 percent over the next five years. Meanwhile, destination weddings a...
AI volumes may outweigh revenue deflation for IT sector by FY30: ReportCLSA said the industry is facing "multiple macro/micro headwinds", but expects AI to eventually create new growth opportunities. It said AI...
India's August private sector growth recovers slightly from over four-year low, PMI showsAugust marked a subtle rise in India's private sector activity, propelled by a rebound in services growth that countered the slowest factor...
The 20 reforms that could take India to a $20 trillion economy by 2036: ReportIndia could reach a $20 trillion economy by 2036 with broad reforms. A 20-point agenda covers infrastructure, capital markets, and human ca...
India could reach $20 trillion by 2036 with 14.2% rupee growth: EquirusIndia could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a resear...