Latest News on Services Sector
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Services Sector - Total results - 35
Feb 23, 2019
GST collections: Statistics belie potential but Narendra Modi govt's tax reform is still a work in progressIndeed GST collections statistics belie the potential of GST i.e., what is in store for the nation from this historic makeover to the one-nation-one-tax eschewing the cascading effect.
Jan 04, 2019
India's services sector activity slows in Dec as work orders, business dealings moderate; employment risesDespite easing marginally, the services PMI was in the expansion territory for the seventh straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Dec 05, 2018
Services sector activity in November sees quickest growth since July on favourable market conditions: PMIThe services PMI was in the expansion territory for the sixth straight month.
Oct 04, 2018
Services sector expands at slower pace in September as higher fuel costs, stronger US dollar make imported goods expensiveCompanies reported that market conditions were underwhelming amid a lack of demand at a time of generally higher prices
Sep 02, 2018
Narendra Modi speech on bank NPAs has hit the right target; bad loan menace is UPA-era productWhat makes Narendra Modi’s remarks ominous for the nation is his assertion that during the 6-year period, loans were sanctioned through what he humorously calls phone banking---behest lending at its worst.
Sep 01, 2018
GDP at 2-year high of 8.2% in Q1: Economy is finally coming out of twin shocks, but there is a bumpy ride aheadQ1 GDP figures offer a booster dose to economy but it alone won't tell the whole story
Jul 25, 2018
Exports likely to touch $350 bn in current fiscal, says commerce minister Suresh PrabhuIn 2017-18, the country's merchandise exports grew by about 10 percent to $303 billion
Jul 16, 2018
FDI in services sector slumps 23% to $6.7 billion in 2017-18, shows DIPP dataThe services sector contributes over 60 percent to India's GDP
May 15, 2018
Services sector can attract huge investment, generate jobs: President Ram Nath KovindPresident Ram Nath Kovind said on Tuesday that the 12 'champion' services sectors including IT and tourism identified by the government hold a huge potential to attract global investors, promote India's economic growth and generate jobs
Feb 26, 2018
Services, industrials to lift Q3 GVA print to 6.8%; GDP to improve to around 7.5% in fourth quarter: IcraGrowth in the services sector is likely to record a base-effect led pick-up to nearly 8.8 percent in Q3 from 7.1 percent in Q2.