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US SERVICES SECTOR ACTIVITY
Global Market: Eurozone business activity hits 29-month high as price pressure intensifiesEurozone business activity expanded at its fastest pace since April 2023 in September, driven by strong service demand and AI investments. ...
AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
Iran oil minister resigns, replaced by top executive amid US blockade on Tehran's exportsIranian Oil Minister Mohsen Paknejad has resigned, with National Iranian Oil Company chief Hamid Bovard appointed as acting minister. The r...
India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh GargIndia's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected ...
India's white-collar hiring rises 2% in September as AI/ML jobs hit record growth: NaukriIndia’s white-collar hiring grew 2% year-on-year in September, with the Naukri JobSpeak Index rising to 3,053 from 3,002 a year earlier. AI...
Granular district data on unincorporated sector will help create plans to raise productivityIndia’s unincorporated sector is highly concentrated but varies sharply across districts, according to the first district-level estimates f...
DigiLocker seeks private partners, Slurrp Farm's fundraise plansDigiLocker is set to bring more institutions onto its platform with the help of private AI integrators. This and more in today’s ETtech Top...
U.S. hiring stalls at 29,000, yet Dow, S&P 500 and Nasdaq surge: Why Wall Street welcomed September’s weak jobs reportUS jobs report and markets: The U.S. added only 29,000 jobs in September, far below the 90,000 economists expected. Unemployment also edged...
Global M&A deal rush fades in third quarter as rising borrowing costs biteGlobal mergers and acquisitions activity saw a notable decline in the third quarter, totaling $993 billion. This figure marks a 41% decreas...
US Postal Service to take extra steps to ensure ballot deliveriesUS Postal Service plans to implement several measures to facilitate ballot delivery for the upcoming elections. Starting October 4, some re...
India factory activity rebounds sharply in September as demand revives, PMI hits 7-month highIndia's manufacturing sector rebounded in September after a three-month slowdown, driven by strong demand for various products. The HSBC In...
Global Market: China factory activity returns to growth in September as AI boom supports industrial sectorChina’s factory activity returned to growth in September, with the official manufacturing PMI rising above the expansion threshold. Strong ...
China factory activity returns to growth in September as AI boom supports industryChina's manufacturing sector showed signs of recovery with a manufacturing purchasing managers' index of 50.1 in September. This marks an i...
Services output grows 13.5%, 17 of 19 sectors expandThe service sector is expected to maintain its underlying strength in the months ahead, said Rajani Sinha, chief economist at CareEdge Rati...
PwC India appoints Rajan Pental as financial services sector leaderPwC India has appointed Rajan Pental as the new Financial Services Sector Leader to drive growth. He will lead initiatives aimed at boostin...
India’s new services speedometer flashes green across 17 sectorsIndex of Services Production: In July, India's services sector experienced significant growth, with 17 of 19 sub-sectors reporting year-on-...
Indian economy strong but needs to cut dependence on energy imports, PMO official saysIndia's economy is reportedly stable despite ongoing global uncertainties and tensions affecting many countries. Domestic demand is a signi...