News for 'services sector'

FinMin: 'Setbacks Make Us Stronger'

FinMin: 'Setbacks Make Us Stronger'

Rediff.com28 Aug 2025

'If the near-term economic pain is absorbed more by those who have the ability and the financial strength to do so, then small and medium enterprises in downstream industries will emerge stronger from the trade imbroglio.'

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

LS passes Bill to ban online money games, proposes 3-yr jail, Rs 1 cr fine

Rediff.com20 Aug 2025

The Indian government has introduced a bill in the Lok Sabha to ban online games played with money, aiming to curb addiction, money laundering, and financial fraud. The bill also targets advertisements and financial transactions related to such games.

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Persistent CEO Sandeep Kalra Tops India Inc Salary Charts

Rediff.com2 Sep 2025

BSE 200 companies together paid 5,819.75 crore as remuneration to their CEOs and directors in FY25, up from 5,352.8 crore a year earlier.

Rain fury claims 10 lives in Haryana, Himachal, J-K

Rain fury claims 10 lives in Haryana, Himachal, J-K

Rediff.com4 Sep 2025

Heavy rainfall across North India leads to fatalities, structural damage, travel disruptions, and school closures. Eastern states brace for more rain.

Why Are FPIs Selling?

Why Are FPIs Selling?

Rediff.com6 Sep 2025

You can't be the second-most expensive market in the world and deliver just 10 per cent EPS growth, points out Akash Prakash.

Employment in informal sector below pre-Covid level, shows NSO data

Employment in informal sector below pre-Covid level, shows NSO data

Rediff.com18 Jun 2024

After adding 11.7 million workers in the October 2022-September 2023 period from the pandemic lows in April 2021-March 2022, total workers employed in the vast informal sector in India - at 109.6 million - still remains below the pre-pandemic period.

Factors that will guide the markets this week

Factors that will guide the markets this week

Rediff.com11 Aug 2025

Stock markets will be driven by inflation data, trade-related news, earnings and trading activity of foreign investors in a holiday-shortened week, analysts said on Sunday. Global market trends will also influence trading sentiment this week, they added.

AC, TV makers upbeat about sales amid signs of GST cuts

AC, TV makers upbeat about sales amid signs of GST cuts

Rediff.com18 Aug 2025

Consumer durables makers are hopeful that the government's proposal to reduce goods and services tax (GST) on air conditioners and television panels above 32 inches to 18 per cent would help revive the sector.

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

'Where There Is So Much Infrastructure Creation, There Will Be Debt'

Rediff.com26 Aug 2025

'We have created massive infrastructure in the past six years.'

Factors that will drive the markets this week

Factors that will drive the markets this week

Rediff.com3 Aug 2025

Equity markets this week will turn their focus on the RBI's interest rate decision, Q1 earnings from several blue-chip firms and tariff-related news for further cues, analysts said. Moreover, trading activity of foreign investors and trends in global equity markets will also drive investors' sentiment.

Social services sector hires most in 2011

Social services sector hires most in 2011

Rediff.com1 Mar 2012

Hiring activities in the non-governmental organisation (NGO) sector have increased over 60 per cent in 2011 compared to 2010, even as they have come under the government scanner for pushing alien agendas in the country.

'US Needs India To Keep China In Check'

'US Needs India To Keep China In Check'

Rediff.com8 Sep 2025

'If Washington has to balance Chinese power, she will have to turn to the third biggest power in the world which is India.' 'The United States and India will have to work together in order to keep Chinese ambitions in check.'

Normal life remains unaffected during strike, violence in Bengal

Normal life remains unaffected during strike, violence in Bengal

Rediff.com10 Jul 2025

A nationwide strike called by trade unions to protest against the central government's labor policies had a mixed impact across India. While normal life remained largely unaffected in most parts of the country, some sectors like banking, transport, and insurance experienced disruptions. Sporadic incidents of violence were reported in West Bengal.

'Indian Markets To Outperform For Next 20 Years'

'Indian Markets To Outperform For Next 20 Years'

Rediff.com29 May 2025

'When you have the best market at your doorstep, international diversification is a distraction.'

Studying US tariff implications, hopeful of trade pact: Govt

Studying US tariff implications, hopeful of trade pact: Govt

Rediff.com31 Jul 2025

The Indian government is studying the implications of US President Trump's announcement to impose tariffs on Indian goods and remains hopeful of concluding a bilateral trade agreement.

Recession fears add to IT sector concerns

Recession fears add to IT sector concerns

Rediff.com6 Aug 2024

Fear of a recession in the US due to rising unemployment has added to the concerns of India's IT services sector, which was seeing some growth returning after Q1FY25 results. The Nifty IT closed 3.26 per cent down, as major IT services companies' stock value fell. Tata Consultancy Services (TCS), India's largest IT services firm, saw its stock price fall 4 per cent during intraday trading.

RBI lowers GDP growth projection to 6.5% for FY26

RBI lowers GDP growth projection to 6.5% for FY26

Rediff.com9 Apr 2025

Reserve Bank on Wednesday cut India's growth forecast to 6.5 per cent from 6.7 per cent estimated earlier for the current financial year on account of impact of global trade and policy uncertainties. Prospects of agriculture sector remain bright on the back of healthy reservoir levels and robust crop production in 2025-26, RBI Governor Sanjay Malhotra said while unveiling the outcome of the first bi-monthly Monetary Policy Committee meeting for the current financial year.

Mathura under tight security for Janmashtami celebrations

Mathura under tight security for Janmashtami celebrations

Rediff.com15 Aug 2025

Mathura transformed into a fortress for Shri Krishna Janmashtami, with heavy security and traffic restrictions in place for the Krishna Mahotsav. Authorities have implemented strict measures, including social media monitoring and restricted items at the temple, to ensure the safety of devotees.

32 Delhi schools receive hoax bomb threats; police assure serious probe

32 Delhi schools receive hoax bomb threats; police assure serious probe

Rediff.com18 Aug 2025

The schools included Delhi Public School, Modern Convent School, and Shree Ram World School, a senior police officer said, adding that the threats were received via e-mail.

EPFO adds nearly 22 lakh members in June

EPFO adds nearly 22 lakh members in June

Rediff.com20 Aug 2025

Retirement fund body EPFO recorded a 13.46 per cent year-on-year growth in net member addition of 21.89 lakh in June, according to the latest payroll data released on Wednesday. The Employees' Provident Fund Organisation's (EPFO) provisional payroll data for June 2025 showed a net addition of 21.89 lakh members, marking the highest recorded addition since payroll data tracking began in April 2018, a labour ministry statement said.

Indira Gandhi Or Modi: Who's India's Strongest PM?

Indira Gandhi Or Modi: Who's India's Strongest PM?

Rediff.com5 Sep 2025

Mrs Gandhi's power ebbed and peaked with the times. Mr Modi's has almost been constant, barring the few months of hard dip after the 240 seats of 2024, points out Shekhar Gupta.

IT Firms Caution Employees Amid AI Boom

IT Firms Caution Employees Amid AI Boom

Rediff.com2 Aug 2025

'People are taking effort to train and adapt to current skills.' 'If that is not there, they are not useful to us.' 'They have to adapt to new technology, and what is important is learnability.'

India falls out of favour, optimism returns for China: BofA survey

India falls out of favour, optimism returns for China: BofA survey

Rediff.com15 Aug 2025

Investor sentiment across Asian markets has shifted sharply in August, reveals the latest Bank of America (BofA) Fund Manager Survey, which found global growth expectations retreating after three months of improvement.

'India-China Won't Go Back To What It Was'

'India-China Won't Go Back To What It Was'

Rediff.com4 Sep 2025

'What's currently underway is not a 'reset'.' 'What needs to be arrived at is a new balance.'

India, UK to sign free trade agreement on Thursday in London

India, UK to sign free trade agreement on Thursday in London

Rediff.com23 Jul 2025

India and the UK will sign a free trade agreement on Thursday in London that will allow export of labour-intensive products such as leather, footwear and clothing at concessional rates, while making imports of whisky and cars from Britain cheaper. The pact also helps double trade between the two economies to $120 billion by 2030.

India maintains high import duty on American goods: US report

India maintains high import duty on American goods: US report

Rediff.com1 Apr 2025

India maintains "high" import duties on a wide range of American goods such as agricultural items, drug formulations, and alcoholic beverages, besides imposing non-tariif barriers, a US report has said. A day before announcing reciprocal tariffs, the US Trade Representative (USTR) released the 2025 National Trade Estimate (NTE) Report on March 31.

Elon Musk's Starlink gets nod to offer satellite internet in India

Elon Musk's Starlink gets nod to offer satellite internet in India

Rediff.com9 Jul 2025

India's space regulator INSPACe has granted a license to Starlink to offer space-based internet services in the country. The authorization is valid for five years and subject to regulatory provisions and clearances.

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Indian tech sector revenues to grow 5% in FY25, cross $300 bn in FY26: Nasscom

Rediff.com24 Feb 2025

Indian tech sector's revenues are set to grow 5.1 per cent to $282.6 billion in FY25, and likely to climb up further to $300 billion in FY26, lobby grouping Nasscom said on Monday. The revenue growth is on the "right trajectory", the body's president Rajesh Nambiar told reporters here, pointing out to revenue growth of 4 per cent in FY24, 5.1 per cent in FY25 and the over 6.1 per cent needed to cross its expectation of crossing $300 billion in FY26.

Budget will revitalise agri sector, rural economy

Budget will revitalise agri sector, rural economy

Rediff.com4 Feb 2025

Recent documents by NITI Aayog and periodic labour force surveys on employment show that the importance of agriculture is rising in the Indian economy.

HC upholds revocation of security clearance for Turkish firm Celebi

HC upholds revocation of security clearance for Turkish firm Celebi

Rediff.com7 Jul 2025

The Delhi High Court dismissed Turkish-based firm Celebi's challenge to the revocation of its security clearance by aviation watchdog BCAS in the "interest of national security."

Sensex falls by 160 pts on sell-off in IT, healthcare shares

Sensex falls by 160 pts on sell-off in IT, healthcare shares

Rediff.com6 Aug 2025

Among the Sensex firms, Sun Pharmaceuticals, Tech Mahindra, HCL Technologies, Infosys, Bajaj Finance, Eternal, Tata Consultancy Services, UltraTech Cement, Bajaj Finserv, Tata Steel, ITC and L&T were the major laggards. Asian Paints, Mahindra & Mahindra, BEL, Adani Ports, State Bank of India, Trent, HDFC Bank were among the gainers.

IPOs That Burned Investor Wealth

IPOs That Burned Investor Wealth

Rediff.com2 Aug 2025

Many high-profile IPOs in India since 2021 have destroyed investor wealth due to overvaluation, weak business models, and post-listing disinterest, turning 1 lakh investments into as little as 3,500.

Hospitality Business Needs People, Not AI

Hospitality Business Needs People, Not AI

Rediff.com15 Jul 2025

With the rise of wellness tourism and experiential travel, specialised jobs are being created in spa management, event planning and local experience curation, besides social media management.

Is AI Wiping Out Entry Level Jobs?

Is AI Wiping Out Entry Level Jobs?

Rediff.com14 Aug 2025

Generative AI is transforming workplaces but at a cost -- there are fewer jobs for young workers just entering the workforce, reveals a Goldman Sachs report.

India must liberalise legal service sector

India must liberalise legal service sector

Rediff.com8 Sep 2008

"In the last four years, 35 million pounds worth legal work pertaining to international deals have been done in India and during the same period ten times of that work was done abroad," Alison Hook, Head of International department at the Law Society of England and Wales, told PTI. Expressing her optimism that India would 'open up (its legal sector) in due course' as the country looks for expansion abroad, Hook said, "The longer it takes, India will lose more opportunities."

Amazon enters India's $15 bn diagnostics market with At-Home testing

Amazon enters India's $15 bn diagnostics market with At-Home testing

Rediff.com23 Jun 2025

Amazon India has launched Amazon Diagnostics, an at-home healthcare service that allows customers to book lab tests, schedule appointments and receive digital reports directly via the Amazon app. Initially available in six cities-Bengaluru, Delhi, Gurgaon, Noida, Mumbai and Hyderabad-the service covers more than 450 PIN codes and offers access to over 800 diagnostic tests.

Wipro Profits Up 10.9%

Wipro Profits Up 10.9%

Rediff.com18 Jul 2025

'We remain cautious in this environment, and the uncertainty continues.'

Which is the new battleground in tax disputes?

Which is the new battleground in tax disputes?

Rediff.com25 Jun 2025

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. It was about corporate guarantees issued to related parties by its former group company, Jindal Stainless (Hisar), before their merger in March 2023.

Union Budget 2025-26: This is what telecom sector wants

Union Budget 2025-26: This is what telecom sector wants

Rediff.com21 Jan 2025

High spectrum costs limit operators to invest in next-gen network infrastructure.

Sensex surges 740 points, closes above 73K

Sensex surges 740 points, closes above 73K

Rediff.com5 Mar 2025

From the Sensex pack, Adani Ports, Tata Steel, Power Grid, Mahindra & Mahindra, NTPC, Tech Mahindra, Tata Motors, ITC, Nestle India, HCL Technologies, Bharti Airtel, State Bank of India, Asian Paints and Kotak Mahindra Bank were the gainers. Bajaj Finance, IndusInd Bank, HDFC Bank, and Zomato were the laggards.