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SERVICES SECTOR INDIA
As India Inc wants staff to dress the part, uniforms become all the rageIndia's B2B apparel market is experiencing significant growth, expanding to $2.1 billion in just five years. The demand for uniforms spans ...- Services activity hits 3-month high in September on demand surgeThe HSBC India Services Business Activity Index rose to 55.2 in September from 54.1 in August, although it remained below the 60.9 recorded...
- 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 ...
- 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...
- 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...
- Keeping AI models under control: When an agent causes harm, who bears the blame?If an AI agent goes rogue, who do you hold responsible— the agent, the LLM developer or the human? asks EY partner Shivaprakash Abburu. Exp...
- From Landlines to 6G: How India’s Telecom Revolution Transformed ConnectivityIndia's telecommunication sector has evolved from a sparse network of landlines to a robust mobile connectivity framework, embracing techno...
- Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General AtlanticCommerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the co...
- 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...
- India's growth outlook remains robust, but risks rising: Erik BerglofIndia's growth prospects remain strong despite external shocks affecting the economy. Erik Berglof highlights the need for resilience again...
- 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...
- Semiconductor push, govt support driving EMS sector's growth, but valuation remains a concern: How 3 stocks with most buy calls are placedInvestor enthusiasm around the sector is visible in the performance of nine EMS stocks covered by multiple brokerages. The group has delive...
- Claude comes closer to India’s data: Anthropic brings in-country inference to AWSAnthropic has introduced in-country inference for its Claude models in India through Amazon Bedrock. This service allows sensitive AI workl...
- AI deals seen driving medium-term growth as Indian IT sector faces muted Q2: ReportIndia's IT services sector is likely to see muted performance in the second quarter of FY27, but increasing traction in artificial intellig...
- India’s growth is making the world rewrite its forecast: MoSPI Secretary Saurabh GargIndia's continued economic resilience, supported by strong corporate performance and sustained investment activity, is now being reflected ...
- India fastest-growing Asia market for NetApp; BFSI and public sectors key growth drivers: CEOThe San Jose-based data infrastructure company has also grown its global capability centre in Bengaluru, with the majority of global R&D pr...
- Are banks open tomorrow on October 2 for Gandhi Jayanti? Check government, private bank holiday statusBanks will be closed across India on October 2, 2026, as branches observe Gandhi Jayanti, including SBI and banks in the public, private, f...
- 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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