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Service Sector

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  • Govt to launch full service sector survey from Jan 2026; pilot shows domination of larger firms

    Service sector firms valued at Rs 500 crore or more account for more than 60% of the capex and 70% of the output, a study has found

  • Govt looking at simplified GST processes for e-commerce, travel industries to ease compliance

    The options before the authorities include a change in the GST law with an additional clause or adding its definition with a slight change in processes for the industries that work differently.

  • Service sector exports likely to touch $350 billion this fiscal: SEPC

  • India's services sector activity expands in September; employment rises for first time in 10 months

  • Japan's service sector activity shrinks for fourth month in May: PMI

  • Coronavirus pandemic | More staff in service sector companies to work from home in future as well

  • Coronavirus pandemic | India's March services activity contracts amid COVID-19 disruptions

  • Service sector to help boost overall economic growth: Suresh Prabhu

  • Services PMI contracts to 4-year low in July, post GST

  • Caixin services PMI for China in March at 52.2, below expected 53.2 level

  • Budget 2016: Ensures long term steady growth for retail sector

  • Japan business mood subdued amid fears of global slowdown: Poll

  • RBI expected to maintain status quo: DBS

  • Govt reinstates services under defence offset norms

  • Heating, cooling to grow in FY16; power stagnant: Thermax

  • NSIC forays into service sector

  • Services growth soars to 8-month high: HSBC

  • Need to push reforms in services sector: Sitharaman

  • Indian business activity falls to 4-year low: HSBC

    The country's Purchasing Mangers' Index (PMI) — a closely watched indicator of a country's business strength — was 46.1 in September, down from 47.6 in the previous month.

  • India's services sector-based economic model is its problem

    Gary Dugan of RBS-Wealth Division talks about the recent currency crash in Asia, where the rupee is headed in the days to come and why you would be lucky, if you are able to find a three-bedroom apartment anywhere in one of the major cities of the world, for less than USD 100,000.

  • Services growth falls; new business weakest in 2 yrs: Poll

    The HSBC-Markit Purchasing Managers' Index for service sector fell to 51.7 in June from May's high of 53.6 reflecting bad or no growth in the sector. New businesses have seen the slowest pace in two years.

  • Japan big manufacturers' mood turns positive: BoJ Tankan

    A survey by Bank of Japan revealed that the sentiment among Japanese manufacturers had turned positive in the past three months. The service sector was also positive on robust private bank consumption.

  • Indian service sector brightens BRIC trends: Survey

    India's services sector activity expanded in May and the pace was the fastest in three months, driven by up tick in new orders.

  • HSBC India services PMI jumps to 3-month high in May

    "Service sector activity picked up pace in May led by firmer order flows. Moreover, companies were more optimistic about the domestic and global economic outlook," HSBC Chief Economist for India & ASEAN Leif Eskesen said.

  • Focus on inflation than growth as a trigger: Nomura

    In an interview to CNBC-TV18, Sonal Varma of Nomura Financial Advisory & Securities says the numbers are along expected lines.

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