Services sector improves further on new business orders: PMI

Last Updated: Thursday, September 3, 2015, 11:22

Services sector improved further in August as new orders received by private firms increased at the fastest rate in five months, says a survey.

India's business optimism falls to its lowest level since 2005

Last Updated: Thursday, September 3, 2015, 11:04

India`s services industry grew for a second month in August but optimism fell to its lowest level since late 2005.

'India has potential to become multi-trillion dollar economy'

Last Updated: Wednesday, July 29, 2015, 17:55

About 55 percent of India's population is already working in the services sector but the country has to aim to bring this to 80-85 percent of the population.

Services growth slips in April, raises rate cut hopes: HSBC

Last Updated: Wednesday, May 6, 2015, 11:16

The contraction in services sector activity for the second month running, also resulted in some job losses and companies adopted a cost-cautious approach towards hiring, HSBC survey said.

Services push must to create jobs: FM Jaitley

Last Updated: Saturday, April 25, 2015, 21:35

India has the means and the potential to become a global hub for services with competitive pricing, and become a major source of job creation for millions of youth in the country, Finance Minister Arun Jaitley said here on Saturday.

Use technology to become competitive: FM to service providers

Last Updated: Saturday, April 25, 2015, 18:25

Technology has made sectoral FDI caps irrelevant, Finance Minister Arun Jaitley on Saturday said while asking service providers to exploit the inherent potential to become more competitive globally.

PM Narendra Modi to inaugurate Global Exhibition on Services today

Last Updated: Thursday, April 23, 2015, 09:06

Prime Minister Narendra Modi will inaugurate a three-day global exhibition on services starting Thursday to showcase India's strength in the sector and provide platform to the industry to explore business opportunities.

Govt working on reforms for services sector: Kher

Last Updated: Tuesday, January 27, 2015, 21:19

To make India's services sector more competitive, government is working on reform measures in areas like legal and healthcare and will soon finalise a Cabinet note on that, a top official said Tuesday.

India Ratings pegs GDP at 4.9%; projects improvement in FY15

Last Updated: Tuesday, January 14, 2014, 15:25

India's growth rate is expected to slip to 4.9 percent in the current fiscal but will improve significantly to 5.6 percent in 2014-15, India Ratings said Tuesday.

Services sector output drops for fifth month in a row

Last Updated: Wednesday, December 4, 2013, 12:07

India's services sector activity witnessed a moderate improvement in November over the previous month, even while indicating the fifth successive monthly contraction.

Icra sees Q2 GDP growth at 4.6%

Last Updated: Monday, November 25, 2013, 20:01

The economy may have grown 4.6 percent in the second quarter of the fiscal driven by higher industrial growth and pick-up in exports, rating agency Icra said Monday.

Services sector PMI falls to lowest since April 2009

Last Updated: Monday, August 5, 2013, 11:11

Companies in India's vast services sector suffered a fall-off in activity for the first time in nearly two years in July, according to a survey released on Monday, hurting chances for a recovery in growth in Asia's largest economy.