India's services sector continues to be the main driver of economic growth, contributing over half of the country's Gross Value Added (GVA) and playing a critical role in employment generation, exports, and investment, noted the Economic Survey laid in Parliament by Finance Minister Nirma
In November 2025, bank credit to this sector increased by 21.8% compared to a 13% increase in November 2024. Within the MSME sector, the credit extended to the micro and small enterprises has registered an increase of 24.6% (YoY) in November 2025, up from 10.2% in November 2024, data rele
The survey notes that recent labour market indicators indicate improving employment conditions, driven by ongoing structural reforms. Monthly data from the Periodic Labour Force Survey (PLFS) show a largely stable labour market with seasonal variations, while quarterly averages indicate a
The Economic Survey of India tabled in Parliament on Thursday highlighted a steady improvement in the Centre's fiscal position, noting that fresh government borrowings are now increasingly being used to service past interest obligations rather than to finance current spending.
Manila [Phillippines], January 29: Digital travel platform Agoda has announced the launch of Agoda Impact Lab, a pioneering initiative aimed at unlocking the future of travel and technology in Asia. The Lab, launched at ASEAN Tourism Forum, will serve as a launch pad for innovation and value
The Survey notes that the global economic environment has become increasingly uncertain, with trade policy now shaped more by strategic and political considerations than by multilateral rules.
India stands as a critical destination for global energy capital as the nation pursues a USD 500 billion investment roadmap to support its rapid economic expansion. In an exclusive interview with ANI, Indian Oil Corporation (IOC) Chairman Arvinder Singh Sahney stated that the country's traje
India's economic growth is expected to remain resilient in FY27, supported by strong domestic fundamentals, stable inflation and sustained policy momentum, even as the global environment turns increasingly uncertain due to rising geopolitical tensions and financial fragilities, noted the
India's economic growth remains resilient with strong domestic demand acting as the main anchor, even as the global environment continues to remain fragile, according to the Economic Survey of India tabled in Parliament on Thursday.
Singapore, January 29: The Top Employers Institute has officially announced the 2026 Top Employers in Asia-Pacific, recognising 460 organisations across 23 countries for the strength of their people practices and the quality of their workplace environments.
Union Finance Minister Nirmala Sitharaman on Thursday tabled the Economic Survey of India in Parliament for the financial year 2025-26, setting the stage for the Union Budget, which will be presented on Sunday, February 1. This year, the Budget presentation falls on a weekend.