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Tuesday, December 9, 2025
TopicServices sector

Topic: services sector

India’s services exports touching $400 bn—a quiet engine offsetting trade deficit

In 2024-25, India exported $387.54 bn worth of services, against imports of $198.14 bn, earning all-time high surplus of $189.40 bn. This offset 2/3rd of goods trade deficit. 

Karnataka, Telangana, TN, Maharashtra power 40% of services output, pan-India growth uneven—NITI Aayog

Report on India's services sector examines state-level dynamics, maps disparities and suggests ways to tap into the sector’s potential.

NITI Aayog flags gender pay gap in services sector, women earn half of what men make in rural areas

Federal think tank report says gap persists across most sub-sectors, shaped by occupational segregation, limited access to high-paying positions, and skill mismatch.

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,...

On Camera

Farrhana Bhatt on Bigg Boss 19 reopened Kashmir’s representation wound

Farrhana Bhatt’s presence on Bigg Boss 19 can’t redefine Kashmir. But it can remind the Valley that Kashmiris deserve to be seen in their full human range—not squeezed into specific categories.

Niti Aayog CEO has a message for power stakeholders. Buckle up for surge to feed EVs, data centres

Clean energy is “no longer the sideshow, it is the show”, BVR Subrahmanyam told the Odisha summit, warning India to lead the global shift or risk others’ tech dominance.

India looks to Oman for spare parts to keep its fleet of Jaguars flying

India is now the only country still operating the Jaguar, long retired by its original users, France in 2005 and the UK in 2007, and secondary operators like Oman, Nigeria and Ecuador.

Asim Munir & Pakistan’s Failed Marshal Doctrine

None of Pakistan’s PMs has lasted 5 years. That the current PM has given Asim Munir 5 years shows that of all military dictatorships history has seen, Pakistan’s is most creative.