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
"Manufacturing will get a huge boost from this trade deal with the EU," says Prime Minister Narendra Modi on Tuesday. Posting on his X account. He also said that the services sector will also expand post this Free Trade Agreement with the European Council.
India is on track to cross USD 850 billion in total exports for the current financial year (FY 2025-26), driven by steady performance in both merchandise and services despite a challenging global economic climate.
The Real GDP has been estimated to grow by 7.4% in the Financial year 2025-26 against the growth rate of 6.5% during FY 2024-25, as per the first advance estimates released by the National Statistics Office (NSO) on Wednesday.
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff, HSBC India Services PMI for December 2025, released on Tuesday, has indicated.
India's banking and financial services sector is entering a phase of steady but selective growth, with lenders increasingly prioritising asset quality, profitability and risk calibration over aggressive expansion, according to discussions at Antique Stock Broking's 3rd Annual BFSI Confere
"Under Prime Minister Narendra Modi's focused approach, and guidance to make India a global player at world stage in the farming, agriculture and services sector, and International player of relevance, we are negotiating these FTAs, CEPAs," Minister Goyal said.
The India-New Zealand Free Trade Agreement (FTA) is expected to deliver a significant boost to India's exports, with New Zealand offering zero-duty market access on 100 per cent of its tariff lines covering all Indian exports from the date of entry into force.
New Delhi [India], December 19: Sapaad, a bootstrapped, Make-in-India cloud-based restaurant technology company with a strong global footprint, today announced its formal entry into the Indian market. With several thousand customers across more than 40 countries, Sapaad brings over a decade
Lucknow (Uttar Pradesh) [India], December 15: Chandan Healthcare Limited (NSE - CHANDAN), one of the leading players in North India's diagnostics and healthcare services sector, has announced that it has been awarded a Public Private Partnership (PPP) project in the state of Punjab for the d
Strengthening employment opportunities in labour-intensive manufacturing and services sectors could help sustain India's GDP growth at around 8 per cent, according to a study by the National Council of Applied Economic Research (NCAER).