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FORMAL SERVICES SECTOR
India launches new services output index; 14 of 19 sectors post double-digit growth in AprilIndia's new Index of Services Production reveals strong growth in April 2026. Fourteen of nineteen formal services sub-sectors achieved dou...- What is the Index of Services Production and which sectors does it cover?India's Ministry of Statistics and Programme Implementation has launched a new monthly services production index. This experimental index, ...
- Housing finance stocks: Is the worst of perception over? Time for a relook? 11 HFC stocks with upside potential from a low 6% to 30%As a sector, housing finance has borne the brunt of regulatory changes and various scams at different points of time. It is a sector that h...
- Payoneer bets big on India with Gurugram innovation hub, eyes country among top three global marketsPayoneer opened its innovation hub in Gurugram, India, on Monday. The company plans to expand its Delhi NCR center to 300 employees. This f...
- Govt eyes uniform digital platform username rulesThe platforms, which currently rely on mobile phone numbers for user identification, had submitted their formal responses to the government...
- Small biz outstanding grows 13% in FY26, asset quality improves: ReportSmall business credit exposure grew by 13.4 percent to Rs 49.2 lakh crore by March 2026. Asset quality improved, with overdue balances now ...
- ETtech Q&A | TCS sees better Q2 show on stressed sectors’ turnaroundMacroeconomic uncertainties due to the West Asia conflict have led to project deferrals in key verticals at Tata Consultancy Services, whic...
- Serving the economic cause of servicesTomorrow, the Ministry of Statistics is set to unveil a trial index of services production. This initiative seeks to deliver a timely overv...
- Coal Ministry notifies SECL's CSR initiative for NEET aspirantsSECL's free residential NEET coaching initiative for meritorious students has been officially notified. This flagship program, 'SECL Ke Sus...
- AI redraws office demand dynamics as GCCs power India's leasing marketGlobal Capability Centres and flexible workspaces are now driving India's office real estate demand. Third-party IT services firms are redu...
- 35,000 tech roles on the chopping block as AI takes the wheel at ITBetween 10,000 and 15,000 tech professionals faced so-called silent layoffs till May, according to staffing firm TeamLease, which projects ...
- AI penetration doubles in India's retail GCCs, but senior talent remains scarceArtificial intelligence penetration in India's retail Global Capability Centres (GCC) has doubled, yet AI professionals still represent few...
- Over 9 million passengers clear Dubai airport immigration in six months via Smart Gates; clearance time drops to 3.4 secondsDubai's smart travel system processed over 9.4 million passengers in early 2026. Smart Gates facilitated immigration for over nine million ...
- Big 4 scores a win as ICAI pauses 'global networking norms'The Institute of Chartered Accountants of India's networking guidelines have been put on hold. Influential Big 4 firms lobbied the governme...
- India asks US to reconsider proposed 12.5% additional tariffIndia has asked the US to reconsider proposed additional tariffs on its exports. New Delhi argues the proposed tariffs lack legal basis and...
- Information & Computer services to make up 1/5th of India's proposed planned indexIndia will soon release a new monthly Index of Services Production. Information and computer services will lead this important economic ind...
- Expert panel: Release services production index within 60 daysAn expert panel recommended monthly compilation of sectoral indices and releasing the ISP within sixty days. This new index will provide a ...
- China's booming gig economy masks job market pain, strains welfare systemHis story is increasingly common in China, where tens of millions are shifting from formal employment into the gig economy as meagre unempl...
- From red to blue to saffron: How Kolkata's buses have become political canvasesKolkata's government buses are undergoing a colour transformation, shifting from blue-and-white to saffron under the current administration...
- Business loans to entrepreneurs grew faster than those to commercial entities over three yearsWhile overall credit performance remains stable, unsecured business loans to entities and smaller ticket-size loans show emerging risk pock...
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