• 

  India's services sector growth hits six month high in December 2022 | DETAILS

  Business | January 04, 2023 12:27 IST

  Indian service sector growth: "December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.

• 

  Nirmala Sitharaman to hold pre-budget consultations with representatives from service, trade sector

  Business | December 17, 2021 8:42 IST

  FM Sitharaman will hold consultations with representatives of services and trade sector and with experts from industry, infrastructure and climate change.

• 

  Indian services sector registers growth in Oct for first time since Feb: PMI

  Business | November 04, 2020 11:44 IST

  Indian service sector activity ended the seven-month sequence of decline and registered growth in October, supported by improved market conditions amid easing COVID-19 restrictions, a monthly survey said on Wednesday.

• 

  Lockdown pulls India's service sector activity to standstill in Apr; PMI hits record low

  Business | May 06, 2020 12:38 IST

  The IHS Markit India Services Business Activity Index stood at 5.4 in April, an extreme decline from 49.3 in March, and indicative of the most severe contraction in services output since records began in December 2005. 

• 

  India's services sector growth hits seven-year high in Feb: PMI

  Business | March 04, 2020 17:08 IST

  The IHS Markit India Services Business Activity Index rose from 55.5 in January to 57.5 in February. This is the fastest expansion in services output since January 2013. Service providers saw a marked increase in new work intakes during February, the second-fastest in over seven years.

• 

  India services sector activity in October sees quickest growth since July: PMI

  Business | November 05, 2018 14:18 IST

  The seasonally adjusted Nikkei India Services Business Activity Index rose to 52.2 in October, from 50.9 in September.

• 

  Job creation at 7-year high; services sector back on growth track in March

  India | April 05, 2018 14:20 IST

  On the price front, India’s service sector firms continued to face higher cost burdens during March, the survey noted.

   

• 

  Services a key growth driver of Indian economy: President Mukherjee

  April 18, 2017 9:49 IST

  President Pranab Mukherjee on Monday said India's services sector has been a key growth driver of its economy.

• 

  Demonetisation effect? Service sector activity plunges after 16 months

  December 05, 2016 13:53 IST

  The huge cash crunch in the country has resulted in weakening of India's service sector this November, ending a 16-month sequence of expansion. The Nikkei India Services Business Activity Index sharply fell to 46.7 in

• 

  FDI in services sector up 46% in FY15

  June 15, 2015 10:22 IST

  New Delhi: With the government taking steps to improve the ease of doing business and attract investments, foreign direct investment (FDI) inflows into the services sector grew by over 46 per cent to $3.25 billion

• 

  Modi says, USD 100 bn foreign investments knocking at India's doors

  October 09, 2014 12:56 IST

  Indore: Prime Minister Narendra Modi today said USD 100 billion worth of foreign investments is knocking at the doors of India and it is up to the states to lap up as much as they

Advertisement
• 

  Service sector output drops in December for 6th month: HSBC

  January 06, 2014 15:57 IST

  New Delhi: India's services sector contracted further in December amid a decline in incoming new orders in tough economic conditions, an HSBC survey said Monday.The HSBC/Markit Purchasing Managers Index for the services industry fell to