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INDIA SERVICES SECTOR GROWTH
Financial sector must fund next generation of enterprises, not just next year's growth: P K MishraThe Principal Secretary to the Prime Minister P K Mishra said on Wednesday that the financial sector should move beyond financing near-term...- Retail sector logs 10% growth in August on stable consumer demand: RAI surveyMumbai's retail sector recorded a 10 per cent year-on-year growth in August, building on previous months. Regional growth remained consiste...
- ADB raised India’s FY27 growth forecast to 7%The Asian Development Bank has raised its FY27 India growth forecast to 7% from 6.6%, citing strong public investment and resilience in ser...
- Where's the GDP debate? The world is raising a toast to IndiaIndia’s 7.8% growth has the world taking notice. Fitch, S&P and Moody’s have all raised their forecasts, even as questions over the GDP num...
- Uday Kotak says India can become current account surplus nation: Asia's richest banker shares one golden formulaUday Kotak emphasized India's heavy dependence on gold imports, estimating a rise to $90 billion by FY27. He highlighted that excluding gol...
- India business activity rebounds in September to 3-month high, PMI showsIndia experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash In...
- Fitch raises India FY27 GDP growth forecast to 6.9% from 6.4%, sees 25 bps RBI rate hike in OctoberFitch Ratings has elevated India's GDP growth forecast to 6.9 percent for this fiscal year, reflecting strong economic performance in the J...
- India scores high on latest WEF standings: Growth outlook strongest, but some ground lost with MNCsIndia's economy shows strong growth prospects for the next twelve months, a WEF survey found. Household incomes are also expected to rise, ...
- India’s next consumption wave can’t be built for urban elite alone: FM SitharamanFinance Minister Nirmala Sitharaman urged corporate India to look beyond affluent urban consumers. Rising incomes will drive future consump...
- August core sector growth hits 3-month low as energy sectors lose steamIndia's core sector output growth slowed to 4.8 percent in August. This easing was due to contractions in energy sectors and an unfavorable...
- India-New Zealand FTA finalised; 100% of Indian exports to get duty-free access from October 20India and New Zealand finalized their free trade agreement, which takes effect October 20. This pact aims to double bilateral trade in good...
- FIIs pull out ₹6,200 crore from financials but CIOs say banks could be India’s next big largecap tradeRecent trends show foreign investors exiting financial services, leading to notable outflows. In contrast, mutual fund chief investment off...
- Need more structural growth that stays high without policy support: Pranjul Bhandari, Chief India Economist/Strategist, Asean Economist, HSBC"India is also at a point where goods exports may do better than they have in the past. One reason is that the currency has depreciated, ma...
- Manufacturing a bright spot; services presents a mixed bag: Upasna Bhardwaj, Chief Economist, Kotak Mahindra Bank"Despite the ongoing debate around the new GDP series, real GDP growth remained robust at 7.8% in the first quarter, highlighting the econo...
- India’s growth engine still has plenty of runway with earnings set to accelerate: JefferiesJefferies expects India’s real GDP growth to stay at 6.5-7% in the current fiscal, with corporate earnings growth accelerating to 17% next ...
- Amid strike threat, Fin Secy Sanjay Lohia calls bank chiefs' meet to ensure servicesFinancial services secretary Sanjay Lohia has called a meeting with public sector bank, RRB and NABARD heads on Monday to ensure uninterrup...
- India set to sustain 6.5-7% real GDP growth, nominal growth seen at 11-12%: JefferiesIndia is on track for 6.5-7% real GDP growth and 11-12% nominal growth this fiscal year, Jefferies said, citing resilient domestic demand, ...
- Moody’s raises India FY27 growth forecast to 7% from 6% on resilient economy, stronger investmentMoody's has raised India's GDP growth forecast to seven percent for 2026-27. Strong private consumption and robust investment are driving t...
- West Bengal needs 7.25% annual growth to achieve 5X economy by 2047: ORF reportA report details West Bengal's path to a fivefold economy by 2047. It identifies growth gaps and proposes six pillars for development. The ...
- India's services growth picks up in August but stays near four-year low, PMI showsIndia's services sector saw a slight acceleration in August, though new business growth remained subdued. Overall activity stayed near its ...
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