News for 'services sector'

India's employment outlook hits record high for Apr-Jun quarter: Report

India's employment outlook hits record high for Apr-Jun quarter: Report

Rediff.com2 days ago

A new survey indicates that Indian employers are planning to increase hiring in the April-June quarter, driven by strong business confidence and domestic demand. The survey also highlights the impact of AI adoption on workforce strategy and the challenges of talent scarcity.

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

India, EU FTA: Duty cuts on textiles, footwear, cars, wines likely

Rediff.com26 Jan 2026

Import duty cuts on labour-intensive sectors such as textiles and footwear, as well as cars, and wines, are likely to be part of the free trade agreement between India and the 27-nation bloc European Union (EU), the conclusion of which is set to be announced on January 27 here, sources said.

A long-game Budget

A long-game Budget

Rediff.com2 Feb 2026

The Union Budget for 2026-27, presented by Finance Minister (FM) Nirmala Sitharaman on Sunday, which was a first, had an excellent domestic macro backdrop. According to the first advance estimates, gross domestic product (GDP) in constant prices is projected to grow 7.4 per cent in the current financial year, against 6.5 per cent in 2024-25.

RSS doesn't practice Hindutva politics, rather...: Bhagwat

RSS doesn't practice Hindutva politics, rather...: Bhagwat

Rediff.com23 Feb 2026

RSS chief Mohan Bhagwat stated that the Sangh focuses on individual development to build a strong society and nation, rather than practicing Hindutva politics. He emphasized the importance of unity, devotion to the motherland, and the need for women's equal participation in governance.

Now 25 Day Wait To Book Gas Cylinder

Now 25 Day Wait To Book Gas Cylinder

Rediff.com2 days ago

The government has introduced a mandatory 25-day gap between LPG cylinder bookings due to supply concerns arising from global disruptions and tensions in the Strait of Hormuz. This measure aims to prevent hoarding and prioritise essential non-domestic sectors, while domestic LPG production is being increased to mitigate shortages.

US trade probe targets India, 15 other countries

US trade probe targets India, 15 other countries

Rediff.com18 hours ago

The United States Trade Representative (USTR) office on Wednesday launched a sweeping investigation into manufacturing and industrial practices in 16 economies, including India, citing concerns over what it calls 'structural excess capacity' that could distort global trade. Announcing the move on a White House press call, Jamieson Greer said the probe would be conducted under Section 301 of the Trade Act of 1974, one of Washington, DC's most powerful trade enforcement tools.

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Budget 2026: Sports goods sector gets Rs 500 cr boost; Rs 900 cr for Khelo India

Rediff.com1 Feb 2026

The government's flagship Khelo India programme received an allocation of Rs 924.35 crore.

Key factors why India's services sector growth rose in June

Key factors why India's services sector growth rose in June

Rediff.com3 Jul 2024

India's services sector growth quickened in June from May's five-month low, amid a stronger rise in new orders and an unprecedented expansion in international sales, a monthly survey said on Wednesday. The seasonally adjusted HSBC India Services Business Activity Index rose from 60.2 in May to 60.5 in June, pointing to a sharp expansion in output. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

Official: Holistic Development, Grassroots Governance Key to India's Progress

Official: Holistic Development, Grassroots Governance Key to India's Progress

Rediff.com3 Mar 2026

Chief Secretary Atal Dulloo emphasises the importance of holistic development and grassroots governance for India's progress at a national conference in Jammu.

40,000+ Government Posts Vacant in Jammu and Kashmir: What's Being Done?

40,000+ Government Posts Vacant in Jammu and Kashmir: What's Being Done?

Rediff.com2 days ago

The Jammu and Kashmir government is working to fill over 40,000 vacant posts across various departments, with a focus on health, education, and general administration.

'Let's Stop Treating AI Like COVID'

'Let's Stop Treating AI Like COVID'

Rediff.com2 Mar 2026

'It is too early to conclude that there will be a bloodbath, that there will be no jobs, and that there will be civil unrest.' 'Let's calm down.' 'AI is a tool, it is not a weapon, it is not a virus.'

LPG Crisis Threatens Closure of Mumbai Hotels: What's Behind the Shortage?

LPG Crisis Threatens Closure of Mumbai Hotels: What's Behind the Shortage?

Rediff.com2 days ago

Mumbai hotels and restaurants are facing potential closures due to a critical shortage of commercial LPG cylinders, with similar disruptions reported across India. The crisis stems from revised government priorities for domestically produced natural gas, impacting the hospitality sector and potentially affecting tourism.

Commission structure in life insurance sector may change

Commission structure in life insurance sector may change

Rediff.com8 Jan 2026

The committee formed under the Life Insurance Council to review the commission structure in the life insurance sector has recommended capping distributor commissions or deferring them to ease acquisition costs. The recommendations will be sent to the insurance regulator -- Insurance Regulatory and Development Authority of India (Irdai).

Karnataka Establishes Committee to Guide Ethical AI Use in Government

Karnataka Establishes Committee to Guide Ethical AI Use in Government

Rediff.com11 hours ago

The Karnataka government has formed a committee on responsible AI to develop a framework for the safe, ethical, and transparent adoption of AI across government systems and public services.

Airbus Inaugurates Major Technology Centre in Bengaluru

Airbus Inaugurates Major Technology Centre in Bengaluru

Rediff.com6 days ago

Airbus has inaugurated a state-of-the-art technology centre in Bengaluru, India, significantly expanding its strategic presence and supporting its 'Make in India' mission.

Why taxis, autos, trucks in Maha are going off roads

Why taxis, autos, trucks in Maha are going off roads

Rediff.com7 days ago

Transporters across Maharashtra have announced a statewide strike to protest against e-challans and other issues, potentially disrupting transport services including school buses and commercial vehicles.

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

'With Double Deflation, We May Be Mixing Apples And Oranges In GDP'

Rediff.com2 Mar 2026

'My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been adjusted using different price measures.'

Services sector growth hits 6-month high in Jan

Services sector growth hits 6-month high in Jan

Rediff.com5 Feb 2024

The services sector growth in India rose to a six-month high in January as new business expanded at a faster pace amid buoyant demand from domestic and external clients, a monthly survey said on Monday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 61.8 in January, up from 59 in December, pointing to the sharpest rate of expansion in six months.

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

NVIDIA CEO: AI Driving Trillion-Dollar Infrastructure Boom and Blue-Collar Job Creation

Rediff.com1 days ago

NVIDIA CEO Jensen Huang argues that Artificial Intelligence is driving the largest infrastructure buildout in human history, requiring trillions of dollars in investment and creating significant demand for skilled blue-collar labour.

Bike taxis to resume service in Karnataka as HC lifts ban

Bike taxis to resume service in Karnataka as HC lifts ban

Rediff.com24 Jan 2026

Calling the decision a win for the people of Karnataka, a Rapido spokesperson said it was not just a legal victory but a milestone moment for urban mobility in the state.

April's service sector growth is among fastest in 14 years

April's service sector growth is among fastest in 14 years

Rediff.com6 May 2024

India's services sector growth eased slightly in April but growth of new business and output remained sharp and among the fastest in 14 years amid favourable economic conditions and strong demand, a monthly survey said on Monday. The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14 years. Survey members attributed the latest upturn in output to favourable economic conditions, demand strength and rising intakes of new work.

Net FDI stayed negative in November

Net FDI stayed negative in November

Rediff.com22 Jan 2026

Net foreign direct investment (FDI) remained negative in November 2025 for the third consecutive month, mainly due to high repatriation, the Reserve Bank of India (RBI) said in its January bulletin.

Karnataka Aims for AI-Driven Creative Economy

Karnataka Aims for AI-Driven Creative Economy

Rediff.com1 Mar 2026

Karnataka is prioritizing the AVGC sector in its AI-driven creative economy, emphasizing IP creation, responsible AI adoption, and large-scale skilling, according to Minister Priyank Kharge.

Yes Bank Introduces Exclusive Salary Account for Working Women

Yes Bank Introduces Exclusive Salary Account for Working Women

Rediff.com7 days ago

Yes Bank has launched a salary account designed for working women, offering financial protection, healthcare benefits, lifestyle privileges, and wealth-creation opportunities.

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Stock Market Crash: Investors Lose Rs 16.32 Lakh Crore in Two Days

Rediff.com4 Mar 2026

Indian equity investors experienced a significant loss of 16.32 lakh crore due to a two-day stock market decline fueled by escalating geopolitical tensions involving the US, Israel, and Iran.

Budget 2026's tax proposals weave a strategic vision

Budget 2026's tax proposals weave a strategic vision

Rediff.com4 Feb 2026

The proposals outlined in Budget 2026-27 represent a carefully crafted, multi-year strategy designed to strengthen India's big bets on the path to Viksit Bharat 2047, says Sameer Gupta.

Auto, ancillary sectors to see strong earnings momentum

Auto, ancillary sectors to see strong earnings momentum

Rediff.com19 Jan 2026

The automobile and auto-ancillary sector is expected to show strong Q3FY26 results, aided by festival-led demand, rationalisation in goods and services tax (GST) rates for select categories of vehicles, easing interest rates, and improving rural sentiment.

Strikes Shake India's Gig Economy

Strikes Shake India's Gig Economy

Rediff.com21 Feb 2026

Two of the three strikes are related to the gig economy, a centrepiece of the new labour Codes.

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

FPI Inflow Hits 17-month High at Rs 22,615 cr In Feb

Rediff.com1 Mar 2026

Foreign portfolio investors (FPIs) infused Rs 22,615 crore into Indian equities in February, marking the highest monthly inflow in 17 months, driven by factors such as the interim India-US trade deal, correction in domestic market valuations, and strong corporate earnings.

Middle East conflict: Indian airlines cancel 278 flights

Middle East conflict: Indian airlines cancel 278 flights

Rediff.com6 days ago

Due to airspace restrictions resulting from the conflict in the Middle East, Indian domestic carriers have cancelled 278 international flights. Some airlines are operating limited services and special flights to assist stranded passengers.

Modi Inaugurates Micron Semiconductor Plant in Sanand

Modi Inaugurates Micron Semiconductor Plant in Sanand

Rediff.com28 Feb 2026

Prime Minister Narendra Modi inaugurated Micron Technology's semiconductor plant in Sanand, Gujarat, highlighting India's growing presence in the hardware sector and its strong partnership with the United States in AI and chip technologies.

Smallcap Segment Is Volatile

Smallcap Segment Is Volatile

Rediff.com15 hours ago

'Except for extremely conservative investors, others can consider allocating 10 to 20 per cent of their portfolio to small caps.'

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Stock Market Today: Sensex, Nifty50 React to Global Cues and Trump Tariff Concerns

Rediff.com24 Feb 2026

Indian equities on Dalal Street saw volatility as global market trends and fresh tariff concerns linked to Donald Trump impacted investor sentiment. Track Sensex, Nifty50 movement and key market drivers for Feb 24, 2026.

India No 2: 8 Countries Growing Electric Rail Network

India No 2: 8 Countries Growing Electric Rail Network

Rediff.com2 Mar 2026

India's rail modernisation drive has reached a critical milestone. With electrification reaching 99.2 per cent, Indian Railways is among the world's leading rail systems.

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

AI scare triggers worst FPI fortnightly exit from IT stocks since July 2025

Rediff.com20 Feb 2026

Fears around artificial intelligence (AI) sparked a global selloff in information technology (IT) stocks, dragging down domestic software shares and prompting the heaviest foreign portfolio investor (FPI) outflows since the second half of July 2025.

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

IDFC Bank Fraud Case: 11 Arrested in Haryana Government Funds Diversion Probe

Rediff.com5 hours ago

Haryana State Vigilance and Anti-Corruption Bureau arrests 11 individuals, including bank employees and a government official, in connection with a fraud case involving IDFC First Bank and the illegal diversion of government funds.

Operation Sindoor pilot among 2 killed in Su-30 crash in Assam

Operation Sindoor pilot among 2 killed in Su-30 crash in Assam

Rediff.com6 days ago

An Indian Air Force Su-30 MKI fighter jet crashed in Assam during a training mission, prompting an immediate search operation for the missing pilots.

Budget 2026: What The Fiscal Numbers Show

Budget 2026: What The Fiscal Numbers Show

Rediff.com12 Feb 2026

The idea of back-loading the target of fiscal consolidation is perhaps guided by the government's desire to be prepared for any adverse developments in the coming year, points out A K Bhattacharya.

India's services sector activity moderates in August

India's services sector activity moderates in August

Rediff.com5 Sep 2023

India's services sector activity eased in August but growth rates for new orders remain elevated, as services firms indicated the sharpest upturn in new export business which acted as a catalyst for firms to expand their workforces as well as output, a monthly survey said on Tuesday. Despite falling from 62.3 in July to 60.1 in August, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated one of the strongest increases in output seen since mid-2010. For the 25th straight month, the headline figure was above the neutral 50 threshold.

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

President Murmu invokes leaders from Nehru to Vajpayee to urge MPs' unity

Rediff.com28 Jan 2026

President Droupadi Murmu addressed Parliament, urging unity on national issues like 'Viksit Bharat', swadeshi, and national security. She highlighted government initiatives and the nation's progress.