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India's services sector News

India's services sector

03 Nov 2017

India's services activity grows for 2nd straight month in October

To cater to greater output requirements, service providers hired more for the second month in succession, but the rate of job creation slowed from September.

26 Sep 2017

Liberalisation led to rise of standalone family firms: Study

The study finds that not only did the family firms withstand the new rush of competitive forces in the economy, but also adapted to the changing business environment.

Economic Survey

11 Aug 2017

Services sector growth moderated to 7.7% in FY17: Economic Survey

However, software services exports, accounting for around 45.2 percent of total services, declined though marginally by 0.7 percent, it added.

India's services sector growth

03 Aug 2016

India's services sector growth touches 3-month high in July

India's services sector activity witnessed a significant uptrend and touched a three-month high in July, backed by strong business inflows as underlying demand conditions remained firm, according to a monthly survey.

India's services growth

05 Jul 2016

India's services sector growth dips for 3rd straight month, hits 7-month low in June

Growth in India`s services sector slowed to a seven-month low in June as new orders continued to soften, a business survey showed on Tuesday.

India's services sector

03 Jun 2016

India's services sector growth cools sharply to 6-month low in May

Growth in India's services industry slowed sharply in May to a six-month low, due to a deceleration in new orders, a business survey showed on Friday.

India's services sector growth

06 Apr 2016

India's services sector growth jumps to over 3-year high in March

Private sector activity in the country registered a significant uptrend and surged to a 37-month high in March, driven by marked increase in new business orders, a monthly survey said Wednesday.

India's business confidence

22 Dec 2015

India's business confidence falls further in December on weak demand

The decline in business sentiment throughout 2015 casts some doubt over the sustainability of growth in India.

India's services sector

03 Dec 2015

India's services sector growth at five-month low in November

Growth fell from October's eight-month high of 53.2 to 50.1 in November.

India's economy

29 Jul 2015

'India has potential to become multi-trillion dollar economy'

About 55 percent of India's population is already working in the services sector but the country has to aim to bring this to 80-85 percent of the population.

25 Apr 2015

Services push must to create jobs: FM Jaitley

India has the means and the potential to become a global hub for services with competitive pricing, and become a major source of job creation for millions of youth in the country, Finance Minister Arun Jaitley said here on Saturday.

Exhibition on Services

25 Apr 2015

Use technology to become competitive: FM to service providers

Technology has made sectoral FDI caps irrelevant, Finance Minister Arun Jaitley on Saturday said while asking service providers to exploit the inherent potential to become more competitive globally.

23 Apr 2015

PM Narendra Modi to inaugurate Global Exhibition on Services today

Prime Minister Narendra Modi will inaugurate a three-day global exhibition on services starting Thursday to showcase India's strength in the sector and provide platform to the industry to explore business opportunities.

India's services sector

27 Jan 2015

Govt working on reforms for services sector: Kher

To make India's services sector more competitive, government is working on reform measures in areas like legal and healthcare and will soon finalise a Cabinet note on that, a top official said Tuesday.

Services exports

14 Nov 2014

Services export up 5.3% at $12.94 billion in Sept

Services exports rose 5.3 percent to USD 12.94 billion in September this year compared to the same month last year.

India's services sector

05 Aug 2014

Services sector registers slower pace of growth in July

India's services sector registered the third consecutive month of expansion in July, but the pace of growth was significantly down from the previous month due to moderation in order flows, an HSBC survey said.

India's services sector growth

03 Jul 2014

Services sector growth surges in June on Modi wave

India's private sector output witnessed significant uptrend in June as both manufacturing and services sector registered solid rate of expansion, driven by robust order flows and stronger business sentiment, an HSBC survey said on Thursday.

India's services sector growth

03 Jul 2014

Services sector growth hits 17-month high in June

Activity in India`s services sector grew at its fastest pace in well over a year in June.

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