scorecardresearch
Tuesday, September 2, 2025
TopicServices sector

Topic: services sector

India saw a resilient FY25, despite weak manufacturing. Keeping momentum will require reforms

GDP of Q4 of last fiscal grew at 7.4% year-on-year—fastest in a year & above expectations. Despite global headwinds, India is projected to grow at 6.3–6.4% in FY26.

India’s talent beckons US firms & Kunal Kamra row shows political comedy has ‘little room’ in India

Global media also looks at how an ‘experimental community’ near Mumbai is trying to slash its emissions to zero, and how UK is dumping its waste tyres in India.

Big GDP data revisions can impact policy-making. Method behind advance estimates needs improvement

The rebound in growth in December quarter was expected, owing to improvement in govt spending, festival-induced boost to consumption & a sharp increase in non-oil exports.

India mustn’t skip the manufacturing train. Services alone won’t tap into demographic dividend

Jobs, while they increased by 11.2 crore during the Modi years, are the Achilles’ heel of India’s development as labour participation remains low and the informal sector dominates.

Robust services growth, revival in consumption demand & strong capex fuelled 7.8% Q1 GDP growth

Manufacturing sector saw only marginal improvement in Q1. Consumption-based high-frequency indicators present mixed picture. Going ahead, export likely to remain drag on growth.

Amid inflationary pressure, Indian service sector activity rises to 13-year high, says survey

The rise has been attributed to a robust demand strength, new business intakes and pick-up in international sales.

Why Modi critics need not fear India’s stand on regional free trade arrangements, failure of PLI scheme

Two standard criticisms voiced by market-oriented commentators are that the Narendra Modi government has erred seriously in staying away from regional free trade arrangements,...

Despite tepid core sector growth, new FY brings reasons to be optimistic about India’s economic revival

Though production of 8 core infrastructure sectors slowed to a 5-month low in March, other manufacturing and services indicators paint an optimistic picture of the economy.

Strong demand pushes service sector activity to 13-year high in April, fastest output expansion since mid-2010

The S&P Services PMI Index for April also pointed out that the level of job creation had remained static despite the growth in business activity, and that input price pressures remain.

SubscriberWrites: India’s ‘service’ industry misses the mark. Feedback last priority for providers

Customer complaints , if they find their way to the organization , are left to back end teams to handle and close, writes Alok Kumar.

On Camera

Road building is a money-making racket in India. And we have a very short memory

We get very angry when rain disrupts our lives and brings our cities to a halt, but by the time the elections come around, we have forgotten how angry we were.

A Rs 33,000 cr ‘banking fraud’: ED’s case against Arvind Dham, Amtek’s web of ‘500 shell companies’

ED has accused Amtek promoter Arvind Dham of controlling web of nearly 500 shell companies operating as a layered structure, with up to 15 levels of indirect ownership, to divert funds.

‘Real-time, all-climate’ explosives detector could enhance airport & border security—no dogs, no swabs

Bengaluru-based CeNS designs accurate, portable, and cheap sensor using surface-enhanced Raman spectroscopy. It could significantly reduce risks at vulnerable choke points. 

For Indian Mercedes, Asim Munir’s dumper truck in mirror is closer than it appears

From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.