Service Sector Growth

Activity in India's dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed.

Indias overall exports inclusive of merchandise and services sectors in March 2022 is estimated to be $63.99 billion

India's services sector expanded at its fastest pace so far this year in March as an easing of Covid-19 restrictions boosted demand, but elevated inflationary pressures clouded business confidence, a private survey showed.

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development

Mr Scindia said that at a time when the airline industry globally is facing problems, two new airlines, Jet and Akasa, will soon launch their services

If this ratio is consistently high, the financial health of these banks could be at risk.

The overall scenario portrays revival of economic activity to pre-pandemic levels, principal economic adviser Sanjeev Sanyal said while briefing media

As economy grew by 8.4 per cent during the July-September quarter of the current financial year, coming at the back of 20.1 per cent growth seen in the April-June quarter of 2021-22, chief economic adviser K V Subramanian while exclusively speaking to NDTV has expressed hope that owing to prudent fiscal management and the fact that vaccination has ...

Twelve of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Financial Services index's 1.2 per cent gain.

The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.

There was a two per cent growth in exports of software services, which also included services rendered by foreign partners of Indian entities.

RBI Governor Shaktikanta Das: Real GDP growth retained at 9.5 per cent for current fiscal, consisting of 21.4 per cent in the first quarter.

Non-food bank credit growth decelerated and stood at 5.9 per cent in May 2021 as compared to 6.1 per cent in May 2020, as per RBI data.

Trade Deficit Data In May 2021: Trade deficit widened to $6.28 billion, while exports jumped 69.35 per cent to $32.27 billion in May, driven by sectors such as engineering, petroleum, jewellery

GDP Data: The fourth quarter may see a sharp dip mainly due to slow recovery in key sectors like manufacturing and financial services.

Activity in India's dominant services sector grew at its fastest pace in five months in April on strong demand, prompting firms to add jobs for the first time since November, a private survey showed.

Indias overall exports inclusive of merchandise and services sectors in March 2022 is estimated to be $63.99 billion

India's services sector expanded at its fastest pace so far this year in March as an easing of Covid-19 restrictions boosted demand, but elevated inflationary pressures clouded business confidence, a private survey showed.

Deepak Parekh, Chairman of the mortgage lender HDFC said that he had spent "two sleepless nights" prior to the big development

Mr Scindia said that at a time when the airline industry globally is facing problems, two new airlines, Jet and Akasa, will soon launch their services

If this ratio is consistently high, the financial health of these banks could be at risk.

The overall scenario portrays revival of economic activity to pre-pandemic levels, principal economic adviser Sanjeev Sanyal said while briefing media

As economy grew by 8.4 per cent during the July-September quarter of the current financial year, coming at the back of 20.1 per cent growth seen in the April-June quarter of 2021-22, chief economic adviser K V Subramanian while exclusively speaking to NDTV has expressed hope that owing to prudent fiscal management and the fact that vaccination has ...

Twelve of 15 sector gauges compiled by the National Stock Exchange were trading higher led by the Nifty Financial Services index's 1.2 per cent gain.

The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.

There was a two per cent growth in exports of software services, which also included services rendered by foreign partners of Indian entities.

RBI Governor Shaktikanta Das: Real GDP growth retained at 9.5 per cent for current fiscal, consisting of 21.4 per cent in the first quarter.

Non-food bank credit growth decelerated and stood at 5.9 per cent in May 2021 as compared to 6.1 per cent in May 2020, as per RBI data.

Trade Deficit Data In May 2021: Trade deficit widened to $6.28 billion, while exports jumped 69.35 per cent to $32.27 billion in May, driven by sectors such as engineering, petroleum, jewellery

GDP Data: The fourth quarter may see a sharp dip mainly due to slow recovery in key sectors like manufacturing and financial services.