Service sector output grows at slowest rate in six months
The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 54.3 in September from 57.2 in August.
services sector
October 2022
July 2022
January 2022
January 2021
May 2020
September 2019
ADB cuts India’s FY23 GDP growth forecast to 7.2%
India's net exports will shrink due to subdued global demand and a rising real effective exchange rate; manufacturing firms will bear the brunt of higher input costs, says ADB report
Budget 2022: Bottoms-up growth model must replace top-down approach
More subsidies and more welfarism will help the poor to survive but not solve the massive challenges that chronic job crisis and growing poverty have thrown up.
New record! Services exports to hit $240 billion in FY22
The growth will be spread across services sectors, with travel and tourism the only exceptions
Budget 2021: Tech sector seeks salve for tax pain
The technology sector, which is one of the drivers of economic growth, wants fiscal measures, such as putting the services sector on a par with manufacturing, implemented in this year's Budget.
Covid-19: Lockdown extended till May 17
The extension, which takes the total day-count of the lockdown to 54, will add to the challenges that the economy was already facing before Covid-19 took the shape of a pandemic.
Are you being served?: The UrbanClap success story
In barely five years, Abhiraj Bhal, Varun Khaitan, and Raghav Chandra have made UrbanClap the go-to platform for urban Indians looking for anything from pedicures to painting houses.
