India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.
India's services sector experienced a slight moderation in growth during February, according to the HSBC India Services PMI Business Activity Index, with new order growth slowing and inflation picking up.
India's services sector growth rose to a two-month high of 58.5 in January, on faster expansion in new business intake and output, prompting service providers to hire additional staff, a monthly survey said on Wednesday.
India's services sector growth moderated in December, as the rates of expansion in incoming new work and output eased to the slowest in 11 months, and companies refrained from recruiting additional staff, a monthly survey said on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.8 in November to 58.0 in December, indicating the slowest rate of expansion since January.
The growth of India's services sector eased in September from the recent high in August, as new business and activity expanded at slower rates, according to a monthly survey released on Monday.
India's services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according to a monthly survey released on Thursday.
Vice President C P Radhakrishnan has championed the use of artificial intelligence for good governance, highlighting its potential to improve government services and build an inclusive and efficient India.
Kerala's Chief Electoral Officer, Ratan U Kelkar, addressed concerns regarding the release of detailed polling data from the recent Assembly elections, defending the timeline and transparency of the process.
The services sector employs 188 million people but remains highly informal, trapping most workers in low-wage jobs without social protection.
India Post has launched three premium delivery services, including 24-hour and 48-hour delivery options, to compete with private courier companies and capitalise on the growing e-commerce market.
The Federal Communications Commission (FCC) is considering proposals to encourage businesses to bring call centre jobs back to the US and require call-takers to be proficient in American Standard English.
Tata Sons Chairman N Chandrasekaran addressed Air India employees, acknowledging the airline's challenging phase while reaffirming the Tata Group's commitment to its long-term transformation, focusing on service quality, safety, and operational improvements.
The Indian services sector growth touched a 15-year high in August, driven by a sharp rise in new orders and output, amid substantial improvement in demand conditions, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services PMI Business Activity Index was up from 60.5 in July to 62.9 in August, indicating the steepest rate of expansion since June 2010.
'India is often skipping legacy cycles and moving directly to advanced AI-driven operations.'
The United States Trade Representative (USTR) has expressed concerns that India's Digital Personal Data Protection (DPDP) Act, particularly the lack of a deemed consent mechanism for credit information companies, and the Information Technology (IT) Rules of 2021, along with frequent internet shutdowns, could negatively impact the ability of US companies to operate and trade in India.
India's exports experienced their steepest fall in five months, declining by 7.44 per cent in March to $38.92 billion, primarily due to trade uncertainty and geopolitical tensions, with shipments to West Asia contracting by over 50 per cent.
'Decisions on talent and rewards have shifted as employees and companies are operating in a buyer's market across most skill categories.'
India's rapidly ageing truck fleet, with 42% of vehicles over 12 years old, is set to trigger a replacement-driven growth of 3-5% annually over the next five years.
Veteran banker K V Kamath stresses the importance of reskilling and education reforms to leverage artificial intelligence (AI) in India, advocating for practical applications over expensive foundational models.
A consumer commission in Nagpur, Maharashtra, has penalised Axis Bank for deficiency in service, ordering a refund and compensation to a customer over a failed ATM transaction from 2018.
The Chhattisgarh government has suspended Inspector General of Police Ratan Lal Dangi following a complaint of harassment and financial irregularities. The suspension is due to alleged violations of service conduct rules and unbecoming behaviour.
India's computer services exports have risen 30 per cent since the advent of ChatGPT in November 2022, even as overall services exports have plateaued, World Bank's South Asia Chief Economist Franziska Ohnsorge said, terming Artificial Intelligence (AI) and the conclusion of more trade agreements that can trigger a "manufacturing renaissance", as the two big investment opportunities for India in coming years.
Air India's first refurbished Boeing 787-8 aircraft has landed in Delhi, marking a milestone in the airline's USD 400 million investment plan to upgrade its wide-body fleet. The aircraft features comprehensive interior upgrades, including new seats and in-flight entertainment systems.
'The West Asia or the Gulf crisis has shown that what we develop as national infrastructure when things are not as bad as they could be, we forget to plan for adversities.'
Despite India's electric passenger vehicle market experiencing an 83.6% year-on-year surge in FY26, new foreign entrants VinFast and BYD have significantly outpaced Tesla, which struggles with high import duties, a limited retail footprint, and a lack of local manufacturing commitment.
The India-US trade deal has offered a much-needed breather for the Indian information technology (IT) industry, which has been grappling with global macroeconomic uncertainty and subdued client spending over the past few years.
The Chhattisgarh government has suspended Inspector General of Police Ratan Lal Dangi following a complaint of harassment and financial irregularities. An inquiry has been ordered into the allegations.
Air India CEO and MD Campbell Wilson has resigned after four years at the helm, prompting the airline to form a committee to find his replacement. Wilson's tenure saw significant changes, including the merger of airlines and fleet expansion, but also faced challenges such as the London-bound flight crash and safety concerns.
Brookfield India Real Estate Trust has appointed Shashank Jain as the Chief Executive Officer (CEO) and Managing Director of the firm managing the REIT, effective July 1.
A Jefferies report warns that the IT services sector is set for a structural shift due to AI, requiring talent and operating model overhauls and increasing cyclicality.
The Haryana government has suspended two IAS officers, Ram Kumar Singh and Pardeep Kumar, in connection with an ongoing investigation into a Rs 590-crore fraud case involving IDFC First Bank.
India's new manufacturing project announcements more than halved in the fourth quarter of FY26, falling 60 per cent sequentially and 78 per cent year-on-year to approximately 1.7 trillion, driven by global uncertainties, geopolitical conflicts in West Asia, and existing unutilised manufacturing capacity.
US-based IT firm Oracle has reportedly laid off approximately 12,000 employees in India, with further layoffs expected. The company cited organisational changes and streamlining of operations as reasons for the retrenchment.
Nayagam PP, career counsellor and founder of EduJobs360, explains how traditional engineering choices are being replaced with flexible, future-ready career paths that align with industry requirements.
Reliance Jio is aiming to be one of the first scalable token service providers in the world by deeply adopting and integrating artificial intelligence (AI) into its operations, said Jio Platforms group chief executive officer (CEO) Mathew Oommen at the Mobile World Congress in Barcelona.
Andhra Pradesh is set to launch India's first indigenously built, open-access quantum computers, marking a significant step towards building a sovereign quantum hardware ecosystem. The initiative aims to position the state as a global hub for quantum technology and enable applications in various sectors.
India's defence sector is on the cusp of a 'super cycle' of growth, driven by escalating geopolitical conflicts and a strong policy push towards indigenous manufacturing, with major players like BEL, HAL, and BDL poised for significant order inflows and technological advancements.
India's total telephone subscriber base reached 1,321.31 million by the end of February 2026, marking a 0.56 per cent monthly growth, primarily fuelled by a significant surge in broadband adoption.
The Indian defence ministry has initiated a project to indigenously design and develop a 1000-kg aerial bomb for the Indian Air Force (IAF), aiming to enhance self-reliance in the defence sector.
A BofA Global Research report indicates that Paytm is leading in monetisation compared to its competitors due to its diversified mix of merchant lending and financial services, which enhances profitability and strengthens its position in the Indian fintech market.
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