Showing results for "#Service Sector"
India's listed corporates clock acceleration in sales growth for...
The sales growth of IT companies accelerated to 7.1 per cent in FY25 from 5.5 per cent in the previous year, despite the global headwinds.
Advent of AI poses big challenge to govts around the world: FinMin
30 Jan 2024 9:45 AM ISTAn IMF paper estimate that 40 per cent of global employment is exposed to AI, with the benefits of complementarity operating beside the risks of...
Services sector records robust growth in Dec 2023
5 Jan 2024 1:15 PM ISTThe HSBC India Services Purchasing Managers' Index compiled by S&P Global, shot up to 59.0 in Dec up from November's 12-month low of 56.9.
COVID-19 pandemic pulls India's service sector activity into...
6 April 2020 11:51 AM ISTIndia's services sector activity contracted during March as the COVID-19 pandemic dented demand, particularly in overseas markets, while public health...
Services sector activities contract sharply in May, firms cut jobs:...
3 Jun 2020 3:12 PM ISTIndia's service sector activities declined sharply in May as the coronavirus pandemic continued to impair business operations, restrict consumer...
Service sector downturn loses further momentum in June: PMI
3 July 2020 5:23 PM ISTDe-growth of India's service sector decelerated in June, a macro-economic survey report showed on Friday.
Service sector logs growth after 7 months: PMI
5 Nov 2020 9:05 AM ISTIndian service sector activity ended the seven-month sequence of decline and registered growth in October, supported by improved market conditions...
India's service sector recovery weakens in November: PMI
3 Dec 2020 3:40 PM ISTIndia's services sector recovery weakened in November despite further upturn in new work supported business activity growth.