services sector

New Delhi, March 31 The Delhi economy, which experienced a sharp growth in the years following the COVID pandemic, is now showing signs of moderation and stability, according to the latest figures for the state's domestic product (SDP), officials said on Thursday.The Gross State Domestic...

Mumbai, March 30 The net sales growth of select non-government, non-financial (NGNF) public limited companies edged up to 7.8 per cent during 2024-25 from 6.3 per cent in the previous year, the RBI said on Monday.The sales growth of the manufacturing and services sector increased to 6.3 per...

Mumbai, March 30 Bank credit to the industry grew at a faster pace of 13.5 per cent during the fortnight ending February 28, compared with 7.5 per cent in the year-ago period, according to data released by the RBI on Monday.The strong growth is primarily driven by higher growth in...

Mumbai, March 23 According to the Reserve Bank of India's bulletin released on Monday, foreign banks have experienced a higher transmission of monetary easing in both fresh and outstanding deposit and lending rates compared to their domestic counterparts.The data in the bulletin showed that...

Benchmark domestic equity indices plunged by approximately two and a half percent today amid a broad-based sell-off. The Sensex plummeted by 1,837 points, or 2.46 percent, to close at 72,696, while the Nifty fell by 602 points, or 2.6 percent, to settle at 22,513.Earlier, the markets opened...

Shimla, March 20 Himachal Pradesh recorded a real increase of 8.3 per cent in its Gross State Domestic Product (GSDP) and a 10.1 per cent rise in nominal growth in 2025-26, despite various challenges such as acute financial constraints, cuts in revenue deficit grants, and heavy losses due to...

Shimla, March 20 – Himachal Pradesh’s economy continued on a strong and resilient growth trajectory, Chief Minister Sukhvinder Sukhu said on Friday.Presenting the Economic Survey for 2021-22 in the Assembly, CM Sukhu, who also holds the finance portfolio, said that according to advance...

Hyderabad, March 16 – Telangana's economy remains strong and resilient, with impressive growth of 10.7 percent, Governor Shiv Pratap Shukla stated on Monday.Addressing the joint session of the Assembly and Council on the first day of the state legislature's budget session, he noted that the...

Aizawl, March 9 Mizoram registered an average annual growth rate of 9.36 per cent in Gross State Domestic Product (GSDP) over the 13-year period between 2011-12 and 2024-25, according to the state's 2025-26 Economic Survey.The survey, presented by Chief Minister Lalduhoma in the assembly on...

Mumbai, March 5 The Maharashtra Economic Survey 2025-26 highlighted the significant gap between proposed investments and actual project implementation, even as the state economy continues to show robust growth.The intended investments recorded under Industrial Entrepreneur Memorandum (IEM)...

Mumbai, March 5 Maharashtra's economy is expected to grow by 7.9 percent in 2025-26, with per capita income projected to reach ₹3.47 lakh, according to the Economic Survey presented in the state legislature on Thursday ahead of the budget.The agriculture and allied sector is expected to grow...

Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, compared to India's growth rate of 7.6 per cent, primarily due to record collections of Goods and Services Tax (GST) and favorable market conditions.Maharashtra continues to be the engine of the country's...

Mumbai, March 5 – Maharashtra's economy is projected to grow by 7.9 per cent in 2025-26, slightly higher than the projected 7.4 per cent growth of the national economy, according to the government's pre-budget Economic Survey presented in the state assembly on Thursday.The survey stated that...

New Delhi, March 4 India's services sector growth moderated slightly in February as new order growth slowed to a 13-month low amid slower improvement in demand and a pick-up in inflation, a monthly survey said on Wednesday.The seasonally adjusted HSBC India Services PMI Business Activity Index...

New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...

New Delhi, February 27 Foreign direct investment (FDI) in India rose 18 per cent to USD 47.87 billion during April-December of the 2025-26 fiscal year, while inflows from the US almost doubled to USD 7.80 billion during the first nine months of this fiscal, according to government data released...

New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...

New Delhi, February 23. Chhattisgarh is expected to sustain robust economic growth in the financial year 2025–26, with the state's Gross State Domestic Product (GSDP) at current prices projected to rise from Rs 5.65 lakh crore in 2024–25 to around Rs 6.31 lakh crore in 2025–26, according to the...

Ranchi, February 21 – Jharkhand’s per capita income has crossed the Rs 1 lakh mark for the first time, according to the Economic Survey 2025-26 presented in the Assembly on Saturday.Presenting the pre-Budget Economic Survey in the House, Finance Minister Radha Krishna Kishore said that the...

Bhubaneswar, February 19 – The state government on Thursday released the Economic Survey for 2025-26, highlighting strong growth, rising per capita income, and significant progress in agriculture, industry, services, and social development.According to the annual economic survey, the per...