Services Growth At One-Year High On Boom In Domestic Demand
Business | Reuters | Wednesday March 3, 2021
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
Services Sector Expands, Business Optimism Touches 11-Month High: Report
Business | Press Trust of India | Wednesday February 3, 2021
The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.
Services Growth At Over Seven-Year High On Strong Export Demand: Survey
Business | Reuters | Wednesday March 4, 2020
The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 57.5 in February from January's 55.5.
Budget 2019: Services Sector Witnesses 7.5% Growth In 2018-19
Business | Asian News International | Thursday July 4, 2019
The IT-BPM industry grew by 8.4 per cent in 2017-18 to US$167 billion and is estimated to have reached US$181 billion in 2018-19.
India's Service Sector Growth Hits 7-Month Low: Survey
Business | Thomson Reuters | Monday May 6, 2019
Factory output also expanded at a weaker pace in April than the previous month amid uncertainty about what policies the new government might adopt. That brought down the composite PMI to its lowest in seven months at 51.7.
Services Sector Growth Moderated To 7.7 per cent In FY17: Economic Survey
Business | Press Trust of India | Friday August 11, 2017
The sector, which grew by 9.7% in the previous year, is still the key driver of India's economic growth.
Service Sector Growth Nearly Stalls In April, Prices Rise
Business | Thomson Reuters | Thursday May 4, 2017
The new business sub-index, an indicator of both domestic and foreign demand, sank to 50.4 in April from March's 52.2, possibly also because companies raised prices at a faster pace.
India Vulnerable To Changes in US' Trade Policy: Morgan Stanley
Business | Press Trust of India | Friday January 6, 2017
India had a services trade surplus of $7 billion with the US in 2015 as most of the domestic software companies earn more than two-thirds of their business from the US alone.
Wall Street Rises, Buoyed By Economic Data; Dow Sets High
Business | Thomson Reuters | Tuesday December 6, 2016
The Dow Jones industrial average rose 45.82 points, or 0.24 percent, to 19,216.24, the S&P 500 gained 12.76 points, or 0.58 percent, to 2,204.71 and the Nasdaq Composite added 53.24 points, or 1.01 percent, to 5,308.89.
Icra Lowers Growth Forecast, Says Demonetisation Temporarily Impacting Economic Activity
Business | Press Trust of India | Monday November 21, 2016
Icra expects growth of Indian gross value added (GVA) at basic prices to print at 7.2 per cent in second quarter of 2016-17, mildly lower than the year-ago period.
Industry Body Nasscom Cuts IT Services Sector Growth Forecast For FY17
Business | Thomson Reuters | Wednesday November 16, 2016
Revenue from the sector is likely to grow 8 to 10 percent in constant currency terms in the fiscal year ending March 2017.
Asian Shares Firm After US Service Sector Rebounds
Business | Thomson Reuters | Thursday October 6, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent while Japan's Nikkei gained 0.9 percent.
Uttarakhand Tops In Industry, Service Sectors Growth: Assocham
Business | Press Trust of India | Friday August 5, 2016
Uttarakhand has emerged as the top state in the country in terms of growth in the industry and service sectors in the last ten years, says an Assocham study.
IT Sector's Revenue Growth To Stabilise At 11-13%: Moody's
Business | Press Trust of India | Wednesday April 27, 2016
Economic stability in developed countries will fuel growth in the IT services sector benefiting Indian companies, which will see revenue growth stabilise at around 13 per cent, Moody's Investors service said on Wednesday.
Services Sector Growth Cools Sharply in February
Business | Thomson Reuters | Thursday March 3, 2016
The Nikkei/Markit Services Purchasing Managers' Index sank to 51.4 in February.
Services Growth At One-Year High On Boom In Domestic Demand
Business | Reuters | Wednesday March 3, 2021
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
Services Sector Expands, Business Optimism Touches 11-Month High: Report
Business | Press Trust of India | Wednesday February 3, 2021
The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.
Services Growth At Over Seven-Year High On Strong Export Demand: Survey
Business | Reuters | Wednesday March 4, 2020
The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 57.5 in February from January's 55.5.
Budget 2019: Services Sector Witnesses 7.5% Growth In 2018-19
Business | Asian News International | Thursday July 4, 2019
The IT-BPM industry grew by 8.4 per cent in 2017-18 to US$167 billion and is estimated to have reached US$181 billion in 2018-19.
India's Service Sector Growth Hits 7-Month Low: Survey
Business | Thomson Reuters | Monday May 6, 2019
Factory output also expanded at a weaker pace in April than the previous month amid uncertainty about what policies the new government might adopt. That brought down the composite PMI to its lowest in seven months at 51.7.
Services Sector Growth Moderated To 7.7 per cent In FY17: Economic Survey
Business | Press Trust of India | Friday August 11, 2017
The sector, which grew by 9.7% in the previous year, is still the key driver of India's economic growth.
Service Sector Growth Nearly Stalls In April, Prices Rise
Business | Thomson Reuters | Thursday May 4, 2017
The new business sub-index, an indicator of both domestic and foreign demand, sank to 50.4 in April from March's 52.2, possibly also because companies raised prices at a faster pace.
India Vulnerable To Changes in US' Trade Policy: Morgan Stanley
Business | Press Trust of India | Friday January 6, 2017
India had a services trade surplus of $7 billion with the US in 2015 as most of the domestic software companies earn more than two-thirds of their business from the US alone.
Wall Street Rises, Buoyed By Economic Data; Dow Sets High
Business | Thomson Reuters | Tuesday December 6, 2016
The Dow Jones industrial average rose 45.82 points, or 0.24 percent, to 19,216.24, the S&P 500 gained 12.76 points, or 0.58 percent, to 2,204.71 and the Nasdaq Composite added 53.24 points, or 1.01 percent, to 5,308.89.
Icra Lowers Growth Forecast, Says Demonetisation Temporarily Impacting Economic Activity
Business | Press Trust of India | Monday November 21, 2016
Icra expects growth of Indian gross value added (GVA) at basic prices to print at 7.2 per cent in second quarter of 2016-17, mildly lower than the year-ago period.
Industry Body Nasscom Cuts IT Services Sector Growth Forecast For FY17
Business | Thomson Reuters | Wednesday November 16, 2016
Revenue from the sector is likely to grow 8 to 10 percent in constant currency terms in the fiscal year ending March 2017.
Asian Shares Firm After US Service Sector Rebounds
Business | Thomson Reuters | Thursday October 6, 2016
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent while Japan's Nikkei gained 0.9 percent.
Uttarakhand Tops In Industry, Service Sectors Growth: Assocham
Business | Press Trust of India | Friday August 5, 2016
Uttarakhand has emerged as the top state in the country in terms of growth in the industry and service sectors in the last ten years, says an Assocham study.
IT Sector's Revenue Growth To Stabilise At 11-13%: Moody's
Business | Press Trust of India | Wednesday April 27, 2016
Economic stability in developed countries will fuel growth in the IT services sector benefiting Indian companies, which will see revenue growth stabilise at around 13 per cent, Moody's Investors service said on Wednesday.
Services Sector Growth Cools Sharply in February
Business | Thomson Reuters | Thursday March 3, 2016
The Nikkei/Markit Services Purchasing Managers' Index sank to 51.4 in February.
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