Search For "service sector"
India's services exports rise 9.8 pc to USD 180 billion in FYTD25: Bank of
Updated : 1 year, 7 months ago IST
The current account deficit (CAD) for FY25 is expected to remain within 1 per cent to 1.2 per cent of GDP. Stable Foreign Direct Investment (FDI) flows and strong Foreign Portfolio Investment (FPI) inflows, driven by favorable interest rate differentials and policies aimed at integrating Ind
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India's services sector sees strongest growth of five months in August, ri
Updated : 1 year, 8 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, commented on the findings, stating, "The Composite PMI for India continued to show strong growth in August, driven by accelerated business activity in the service sector, which experienced its fastest expansion since March.
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With 6.7 pc GDP growth in Q1 FY25, SBI says full-year growth should be rev
Updated : 1 year, 8 months ago IST
According to a recent report by the State Bank of India (SBI), the moderation in India's GDP growth for the first quarter (Q1) of the financial year 2024-25 (FY25) is still higher than the average decadal growth of 6.4 per cent for Q1.
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Anand Rathi anticipates Q1 FY25 GDP growth at 7 pc, a little lower than RB
Updated : 1 year, 8 months ago IST
The services sector is expected to be the primary driver of GDP growth in Q1 FY25. Despite reduced government spending ahead of the elections, which is likely to dampen growth in some service sectors, financial, real estate, and professional services are expected to have performed well.
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India's GDP growth to moderate at 6.7 pc in Q1 FY25 amid industry downturn
Updated : 1 year, 8 months ago IST
Ahead of the official release of the first quarter GDP growth numbers for FY25 on August 30, a report by the Union Bank suggests the GDP rate to be moderated at around 6.7 per cent.
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Foxconn keen to invest in Hyderabad, Chairman Young Liu meets CM Revanth R
Updated : 1 year, 9 months ago IST
During a meeting with Telangana Chief Minister A Revanth Reddy in New Delhi, Liu praised the CM's approach, particularly his plans for the development of the Fourth City project.
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Wayanad landslides: NSS to volunteer building houses for 150 families, say
Updated : 1 year, 9 months ago IST
Minister Bindu said that this will be one of the largest volunteering activities undertaken by the National Service Scheme, which has earlier set a new paradigm in the service sector by providing 'love homes' to homeless schoolmates.
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India's service sector continues to contribute to GDP accounting for 55pc
Updated : 1 year, 10 months ago IST
The services export post-pandemic times have maintained a steady momentum and accounted for 44 per cent of India's total exports in FY24 the survey notes. India ranked fifth in services exports, with other countries being the European Union (excluding intra-EU trade), the United States, the
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India's office space absorption soars to 34.8 mn sq.ft in H1 2024: Savills
Updated : 1 year, 10 months ago IST
This represents 29 per cent increase compared to H1 2023. Meanwhile, new office space supply witnessed a sharp decline of 32 per cent year-over-year (YoY), with only 17.4 million square feet completed in H1 2024. This limited supply, coupled with increased transaction activity, led to a decr
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Expansion in new businesses and exports fuel India's service sector growth
Updated : 1 year, 10 months ago IST
India reported sustained growth in services sector output in June, with the rate of expansion quickening from May's five-month low amid a stronger rise in new orders, according to HSBC India Services PMI survey released on Wednesday.
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TIME CyberMedia Announces Winners of International Healthcare Awards &
Updated : 1 year, 11 months ago IST
New Delhi [India], June 10: TIME CyberMedia, in association with partners News10india (News portal partner), Igougo (Travel Partner) & Xoom Studio (Creative Partner) concluded the prestigious India Brand Icon Awards, 2024 to celebrate and honor the winners at different levels and Segment
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Meet 12 Prominent Successful Personalities Shaping the Future in 2024
Updated : 2 years ago IST
New Delhi [India], May 23: In the dynamic realm of entrepreneurship and innovation, a select group of visionaries is reshaping industries and setting new standards of excellence. Their journeys, marked by creativity, resilience, and a profound commitment to positive change, highlight the tra
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