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SERVICES SECTOR GROWTH INDIA
First-time investors turn to India's hospitality sector for diversified income and long-term growthIndia is witnessing a rise in first-time hotel owners, with entrepreneurs, real estate developers, industrial families and landowners enter...
IMF flags Super El Niño risks to India’s growth, says impact yet to materialiseAccording to the IMF, India continues to act as a significant growth engine within the global economy. Despite looming threats posed by wea...
India can achieve $1 trillion exports target this fiscal despite global headwinds: Piyush GoyalCommerce Minister Piyush Goyal expressed confidence that India would achieve its $1 trillion exports target in 2026-27 despite global uncer...
Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%The finance ministry’s nowcasting model estimates India’s GDP will grow 7.35% in Q2 FY27, following 7.8% growth in the previous quarter, su...
India's banking sector poised for double-digit credit growth despite macroeconomic challengesIndia's banking sector exhibits confidence in achieving sustained double-digit credit growth across various segments. Demand for retail and...
IIP growth eases to 4-month low in September as mining output contractsSeptember witnessed a decline in India's factory output growth, falling to 6.7%, the lowest rate observed in four months. The drop is large...
Banks worry more about geopolitics than borrowing costs, survey showsGeopolitical risks and supply-chain disruptions are major barriers to private sector capital expenditure growth. A survey indicates that ba...
IT firms navigate peak pessimism by prioritising growth in stable Q2Analysts said that artificial intelligence (AI) is becoming a significant revenue driver for the majority of Indian IT companies. However, ...
India in striking distance of 8% growth as reforms boost economy: Shaktikanta DasDas said the BFSI sector has a crucial role to play in India's journey from a lower-middle-income economy to a high-income economy, through...
L&T flags inflation, geopolitical risks, leans on its capabilities to navigate global uncertaintyLarsen & Toubro reported a 33% profit increase for the second quarter, driven by strong order inflows. Infrastructure spending and reconstr...
Double-digit growth seen on corporate scoreboard in Q2, but bank, IT, pharma lagSeptember quarter earnings exhibited significant revenue and profit growth for various companies in key sectors. Revenue rose by 22.1% with...
‘Wars now target economies’: PM Modi warns of ‘cyber terrorists’, calls for stronger banking securityPrime Minister Narendra Modi inaugurated the Reserve Bank of India's new data centre and Cybersecurity Training Institute in Bhubaneswar. H...
India's private capex pipeline surges 39% to Rs 99.7 lakh crore, risks rise: ReportIndia's private capital expenditure pipeline reached Rs 99.7 lakh crore in September 2026, marking a 39% increase. Manufacturing and electr...
Private sector activity hits four month high in OctoberIndia's private sector activity experienced significant growth in October, reaching a four-month high as new orders increased. The HSBC Fla...
Banks see ₹5.19 lakh crore deposit outflow, credit shrinks ₹2.52 lakh croreKolkata's banking sector faced a Rs 5.19 lakh crore withdrawal of deposits in the fortnight ending October 15. Credit outstanding also cont...
India October business growth hits 4-month high; hiring stalls, PMI showsIndia's business activity expanded at its fastest pace in four months through a strong services-led pickup. The Composite Purchasing Manage...
Core output grows at series high of 7.9% in SeptIndia's core sector output growth for September recorded a remarkable 7.9%, driven largely by expansion in coal and electricity. Notably, r...