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US SERVICES SECTOR GROWTH
India's services growth slows to 4½-year low in July as demand weakensIndia's services sector expanded slowly in July, reaching a 53-month low. New business inflows moderated across domestic and international ...- US service sector maintains strong growth pace in JulyThe Institute for Supply Management said on Wednesday its nonmanufacturing purchasing managers index inched up to 54.1 last month from 54.0...
- EV industry to generate up to 40 mn jobs by 2030: ReportIndia's electric vehicle (EV) sector is expected to generate30-40 million jobs by 2030, with hiring likely to grow15-20% annually, accordin...
- Euro zone services revival drives activity in July but outlook clouded by Iran war, PMI showsEuro zone business activity reached an eight-month high in July. Services activity rebounded, joining a strengthening manufacturing sector....
- Global Market: China's services growth slows to 10-month low in July; weak demand weighs on outlookChina's services sector expanded at its weakest pace in 10 months in July as softer domestic demand slowed business activity, reinforcing c...
- India's July services sector growth slides to over four-year low as demand wilts: PMIIndia's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moder...
- Nasdaq-bound Yellow AI leans on AI services push to boost growthAutomating Processes Enterprise AI platform plans to acquire BPOs to automate operations via AI agents
- AI could slow affluent India; QSRs, credit cards may show stress first: BNP Paribas’ Kunal VoraComing to loans, personal loans increased by 13% in FY25 and FY26 which is softer versus the earlier years. Also, the recent resurgence in ...
- If the earnings don't come through, markets will struggle: Paul WilsonIndian stock valuations are lower, but earnings have disappointed, limiting re-rating potential. Global capital's return to India is not ye...
- Credit to tech infrastructure sector doubles in two yearsBank loans for India's technology infrastructure sector have doubled in two years. This growth reflects India's position as a global hub fo...
- US factory activity accelerates, uncertainty remains high: surveyUS manufacturing activity grew faster in July, reaching a four-year high. The Institute for Supply Management's index rose to 55.6 percent,...
- Google shaves $50 million off HCLTech deal; 1,000 staffers to be redeployedThis is part of the $200 million annual project that HCLTech managed for Google as part of the application development and engineering work...
- Corporate, personal loans drive 63% of bank credit growth: SBI research reportCorporate and retail loans fueled bank credit growth during the April-June quarter. Industry and personal loans together accounted for sixt...
- AI may hurt IT today, but it could create the sector's next growth engine: Baroda BNP Paribas MFAI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund ...
- Goldman Sachs sees a bigger space opportunity beyond launch providersSpace stocks could offer significant long-term growth opportunities as the industry expands beyond rocket launches into satellites, orbital...
- Loan growth remains strong, shows latest RBI sectoral dataBanking credit to industries showed robust growth, increasing 19.2 percent year on year. Personal loan growth also remained strong, rising ...
- Kospi’s mammoth 17% surge spells caution for Indian IT stocks. Why TCS, Infosys, others are down up to 5%Indian IT stocks declined after renewed optimism around global AI and cloud spending after strong earnings from tech giants. Meanwhile, glo...
- Accommodation and realty top services growth in MayIndia's services sector expanded broadly in May, with sixteen of nineteen tracked sectors showing growth. Accommodation and food services, ...
- Services index shows 16 sub-sectors recorded double-digit growth in MayEight services sub-sectors recorded double-digit growth in May 2026. Accommodation and Food services saw a significant 27.4 percent increas...
- Indian economy shows recovery despite global uncertainties, private investment gains momentum: ReportDemonstrating remarkable resilience, India's economy witnesses a comprehensive recovery across sectors, coupled with an increase in industr...
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