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NEW ORDERS SERVICES SECTOR
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...- Global Market: UK stocks rise after services PMI signals economic recoveryBritain's services sector returned to growth in July, with the S&P Global Services PMI rising to 52.1 as stronger domestic demand and easin...
- 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....
- Australia revises processing priority for skilled and employer-sponsored visasAustralia has revised processing priorities for skilled migration visas, Fragomen said. The new framework prioritises defence, healthcare, ...
- 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...
- Quant MF ups IT exposure as sector enters ‘neglected territory’; sees crude correctionQuant Mutual Fund has raised its exposure to IT services over the past two months, viewing the sector as increasingly “neglected” and offer...
- Manufacturing activity hits 5-year low as growth of new orders slowsThe HSBC Purchasing Managers' Index, compiled by S&P Global, fell to 53.5 in July from 54.2 in June and 59.1 a year earlier. A reading abov...
- DoT seeks TRAI review of net neutrality framework amid 5G shiftIndia's Telecom Department has asked TRAI to review net neutrality rules. This review considers emerging technologies like 5G network slici...
- Military-civil integration key to robust defence ecosystem to tackle emerging challenges: Rajnath SinghDefence Minister Rajnath Singh emphasized integrating military and civil ministry components. He highlighted the need for synergy to addres...
- New closing auction rules: Impact on traders, investors decodedExchanges will change how stock closing prices are decided for F&O stocks. A new closing auction will determine the final price after norma...
- Defence stocks rally on strong order books and rising exports: Are they still worth buying?Order books, exports and government spending driving the sector, but valuations are no longer cheap. Nuvama argues that the industry is now...
- China factory growth slows to 4-month low in July, survey showsChina's manufacturing sector expanded at its slowest pace in four months during July. Output and new orders rose more slowly, while export ...
- Urban Company’s InstaHelp, Snabbit cross 100,000 daily bookings markSnabbit and InstaHelp, Urban Company's quick househelp verticals, each completed over 100,000 bookings in one day, highlighting growing con...
- 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 ...
- Shadowfax reports 8x jump in Q1 net profit, revenue up 65%The Bengaluru-based company reported strong growth across its core businesses in the June quarter, led by its express delivery segment. The...
- 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, ...
- Inox Wind bags Rs 1,600 crore NLC India order for 200-MW projectInox Wind has secured a significant 200 MW order from NLC India Limited. This substantial project is valued at approximately Rs 1,600 crore...
- L&T Q1 Results: Net profit rises 14% YoY to Rs 4,123 crore, revenue up 7%L&T Q1 Results: Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ong...
- India's private sector growth hits over four-year lowIndia's private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained busin...
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