India's private sector witnessed robust growth in December, marking its highest performance in four months. Both the manufacturing and services sectors showed accelerated growth, supported by increased new business inflows and heightened job creation.
Pranjul Bhandari, Chief India Economist at HSBC, said "During November, services sector employment notably grew at the fastest pace ever recorded since this survey began in 2005. The hiring surge reflected the sector's improving business confidence, growing new orders, and vigorous internati
India's nominal GDP is projected to grow from USD 3.5 trillion in 2023 to USD 22.8 trillion by 2047, with an annual growth rate of 7.5 per cent. The services sector is expected to dominate, increasing its contribution to GDP from 54.2 per cent in 2023 to 60 per cent by 2047.
Singapore, November 19: Travel-based loyalty programs continue to climb in popularity thanks to the sector's ability to build loyalty through highly personalized customer experiences, according to a new report from Rocket Travel by Agoda. New report from Rocket Travel by Agoda outlines how t
Bengaluru (Karnataka) [India], November 6: A new report on job hiring trends from foundit (formerly Monster APAC & ME), Asia's leading jobs and talent platform, reveals that India's Tier-2 cities have experienced steady growth over the past few years, with overall hiring increasing by 12
India's services sector witnessed a robust performance in October, as the Service PMI index surged to 58.5, up from a ten-month low of 57.7 in September, according to HSBC India Service PMI.
Munich [Germany], October 31: Nagarro, a global leader in digital engineering, announced today the acquisition of FWD View Limited, a UK-based specialist in financial market data transformations and visualization solutions. This strategic acquisition enriches Nagarro's portfolio in the finan
New Delhi [India], October 21: Usha Financial Services Limited (UFSL), a leading RBI registered Non-Banking Financial Company (NBFC), is gearing up for its much-awaited Initial Public Offering (IPO). This marks a significant milestone in the company's efforts to expand its services in the ar
Mumbai (Maharashtra) [India], October 8: In a significant milestone for India's financial services sector, Appreciate carried out the first low ticket (Rs. 100) mutual fund transaction on the Open Network for Digital Commerce (ONDC) Network. Appreciate is one of the first buyer apps to go li
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
Kolkata (West Bengal) [India], October 1: LSI Group, a leading consultancy firm in India with more than two decades of experience in significant developments in the comprehensive services sector, has announced its expansion into two new segments: Engineering and Consultants and Mining and M