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SERVICE SECTOR
Airbus forecasts huge hiring gap as aviation services market expandsAirbus projects a need for 2.44 million personnel in aviation, including pilots and maintenance staff. This forecast highlights challenges ...- India looks to AI to make power grid more reliable, secure and smart: MoS MNRESpeaking to the media on the sidelines of the Central Electricity Authority's (CEA) 53rd Foundation Day brainstorming event in New Delhi, N...
- India looks to AI to make power grid more reliable, secure and smart: MoS MNREIndia is focusing on the integration of artificial intelligence in its power sector to improve reliability and security. The government aim...
- AI skills redraw entry-level jobs map as IT-BPM fresher hiring reboundsCompanies are moving beyond bulk recruitment and willing to pay a premium for AI-native talent as routine work gives way to specialised rol...
- TCS, HCL Tech, Infosys shares surge up to 11% in 2 days; Nifty IT soars 2,000 points. More steam left for rally?Indian IT stocks rallied as concerns over AI-driven disruption eased, triggering an “anti-AI” trade. The Nifty IT index surged over 2,000 p...
- HCL Tech sees revenue rebound, but AI deflation remains a concernHCL Technologies recorded a 2% increase in revenue during the September quarter, following two quarters of decline. The company secured new...
- FM holds talks with global financial leaders in Singapore, pitches for boosting investment in IndiaFinance Minister Nirmala Sitharaman held meetings with global financial leaders in Singapore to encourage investments. Discussions included...
- India's services demand outlook positive for Q3FY27, margin concerns persist: RBIIndia's services sector is expected to maintain a positive demand outlook in Q3FY27, although business optimism has moderated compared with...
- India IT set for fourth year of weak growth on geopolitics, AI risksAs HCL Technologies Ltd. and Tech Mahindra Ltd. unveil their latest reports, investors are keenly observing the situation, particularly giv...
- GST Council eases tax rules for IT exports via foreign branchesThe move addresses a major demand from the IT and IT-enabled services sectors, providing significant relief to companies that support globa...
- NFO Insight: Aditya Birla Sun Life Financial Services Sectoral Debt Fund opens for subscription. Is it the right time to invest?Aditya Birla Sun Life Mutual Fund has launched a sectoral debt fund focused on financial services, with relatively high interest rate risk ...
- NBFC credit growth rises to 15.8% in August as gold, consumer durable loans surgeDuring August 2026, non-banking financial companies enjoyed a boost in credit expansion, with gold loans seeing remarkable growth alongside...
- India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
- Govt looks to widen coverage of Index of Services Production, invites feedbackMoSPI began compiling the ISP on a monthly basis for the formal services sector on a trial basis in July 2026. The exercise uses 2024-25 as...
- India's services sector growth at 3-month high, but quarter weakest since 2022, PMI showsIndia’s services sector expanded at its fastest pace in three months in September, with the HSBC Services PMI rising to 55.2 on stronger do...
- US services sector cools in September, price pressures buildingThe US-Israeli war with Iran has raised prices of energy and related products and led to shortages of commodities shipped through the Strai...
- Ayush services sector supports 1.76 million livelihoods; women constitute 43% of the workforceThe Ayush services sector supports 1.76 million livelihoods in India and has a significant female workforce. Women's participation in organ...
- 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-...
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