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SERVICES SECTOR GROWTH
India could reach $20 trillion by 2036 with 14.2% rupee growth: EquirusIndia could reach a $20 trillion economy by 2036 with reforms. This requires sustained rupee growth and appreciation, according to a resear...- India's engineering services exports surge nearly eightfold to USD 13.8 billion in a decade: NITI AayogIndia's engineering services exports have experienced impressive growth, climbing to USD 13.77 billion in 2024-25, showcasing a dramatic in...
- India less exposed to AI job risks than others, Goldman saysIndia's large workforce performing physical tasks faces minimal AI job losses. Services sector roles may see some substitution risks, impac...
- States race to build India’s next GCC boomIndian states are actively pursuing Global Capability Centre growth by 2031. These efforts aim to create over one million new jobs and esta...
- Mutual funds raise IT exposure to 6.6% in July after record low. Is sentiment towards tech improving?In July, mutual funds increased their allocation to the IT sector to 6.6 per cent, marking a positive shift after an extended period of min...
- Companies turn to staffing firms as flexible hiring gains groundSearches for staffing agencies and manpower consultancies have seen significant growth across India. Bengaluru and Chennai recorded the hig...
- Hotels, cafes ramp up expansion, set to unleash hiring boom in H2 2026Hotel chains plan substantial expansion, expecting many new openings soon. This growth will create thousands of new jobs across India. Radi...
- India Inc revenues jump 22% in June quarter, ICRA saysCorporate India began fiscal year twenty twenty-seven with strong revenue growth. Aggregate revenues for listed companies rose twenty-two p...
- Q1 earnings show resilience as demand, cost headwinds prove less severe than expected: ICRAICRA said India Inc’s Q1 FY27 earnings began on a stronger-than-expected note, with revenue growth accelerating to 22%. Despite margin pres...
- Bank of America to acquire 49.9% in Jio Credit in potential Rs 18,268 crore dealJio Financial Services and Bank of America announced a significant joint venture agreement. The US banking major will acquire up to 49.9% i...
- India needs to double infra investments to Rs 40 lakh cr/year to achieve growth ambitions: NaBFID MDIndia must double infrastructure investments to forty lakh crore rupees annually. This significant scaling up is crucial for achieving long...
- Security, facility management sector may grow 9-10% this fiscal: Crisil RatingsIndia’s organised security and facility management sector is projected to grow 9-10% this fiscal, after 15% annual growth during FY23-FY26,...
- Coforge launches private equity business unit for private equity sectorPowered by Coforge Nuuron, its AI operating system and enterprise autonomy platform, Coforge’s PE business unit aims to combine technology,...
- Airtel Business, ITI partner to jointly provide digital solutions to enterprisesAirtel Business and ITI Ltd have partnered to offer digital solutions to enterprises. This collaboration aims to enhance Airtel's share in ...
- Mahindra Group appoints Shveta Arya as Group Chief Strategy OfficerMahindra Group announced Shveta Arya's appointment as Group Chief Strategy Officer. She will lead the Group Strategy Office, identifying gr...
- NBFC gold jewellery loans jump 69 pc in June, fastest across segments: RBI dataNon-Banking Financial Company gold loans surged significantly by June 2026. Retail credit remained the primary driver for NBFC lending grow...
- 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...
- 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...
- 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, ...
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