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US SERVICES SECTOE GROWTH
Yotta raises $150 million at $3.9 billion valuation to fund AI infrastructure expansionYotta Data Services secured $150 million from investors for business expansion. The company plans to significantly increase its AI cloud ca...- US service sector growth dips in June; employment rebounds after months of contractionUS services sector activity saw a slight dip in June as the impact of Middle East war-driven order rushes faded. However, employment reboun...
- 25% chance of Sensex hitting 1 lakh in next 1 year: Morgan Stanley's Ridham DesaiMorgan Stanley's Ridham Desai sees a 25% chance of the Sensex touching 1 lakh within the next year, driven by stronger earnings and improvi...
- IT services growth likely to stay soft in near term as clients delay discretionary spends: EquirusIndia's major IT firms anticipate a subdued first quarter, with growth expected to pick up only when clients shift from cost-cutting to AI-...
- Charting the Global Economy: US hiring slows, eurozone CPI coolsIn Asia, Japan's economy is nearing a post-war growth record, buoyed by AI-driven exports, though some Chinese fund managers warn of an AI ...
- Trump mocks Iran, says it's 'dying to settle,' claims US gave them a 'week off' for Khamenei's funeralUS President Donald Trump, during his Mount Rushmore address, claimed his administration's pressure has crippled Iran, even granting them a...
- FMCG, healthcare in line for strong show in FY27: BrickworksIndia's consumer goods and healthcare sectors are poised for robust growth this fiscal year, driven by tax relief, increasing consumer spen...
- 'Telcos may do well in Q1; tariff hikes likely in H2,' say analystsTelecom operators are poised for single-digit revenue growth this quarter, driven by steady subscriber additions and users opting for premi...
- June services growth hits 17-month low as client interest fadesIndia's services sector growth slowed significantly in June, hitting a 17-month low as domestic demand weakened. New business expansion als...
- US, West Asia drag India's pharma exports growthIndian pharmaceutical exports to the US, its largest market, saw a dip in early fiscal months, alongside a slight decline in shipments to W...
- What America (still) teaches usDespite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosp...
- India aims for $1 trillion exports this fiscal year, says Piyush GoyalIndia is targeting a monumental $1 trillion in exports this fiscal year, a significant leap from last year's $863 billion. Union Minister P...
- BLS E-Services acquires Atyati Technologies for Rs 157 croreBLS E-Services has acquired Bengaluru-based Atyati Technologies for approximately Rs 157 crore in an all-cash deal. This strategic move aim...
- Consumer & healthcare best placed most sectors stable, says BrickworkIndia's consumer goods and healthcare sectors are poised for strong growth this fiscal year, fueled by tax cuts, rising consumer demand, an...
- Gold heads for first weekly rise in five on easing Fed rate hike betsGold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data...
- Infosys, TCS and other IT stocks jump up to 5% on dip buying. Is the worst over?IT stocks rebounded sharply on Thursday, with the Nifty IT index surging nearly 4% after a four-session slide that pushed it to a 52-week l...
- US Seahawk helicopter makes emergency sea landing; one service member missingA U.S. Navy MH-60S Seahawk helicopter experienced an emergency landing in the Arabian Sea, leaving one service member missing and three inj...
- US private sector job growth misses expectations in June: ADPUS private sector job growth in June fell short of expectations, adding only 98,000 positions. This marks a slowdown from May's figures, wi...
- Everforth bets on India's GCC boom, AI demand to drive growthUS technology services firm sees India's maturing GCC ecosystem and AI-led digital engineering demand as key growth drivers after its rebra...
- US-Iran thaw to provide tailwinds for growth: RBIIndia's economic growth could get a boost from the Iran-US peace deal, according to the Reserve Bank's latest report. While the economy sho...
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