Services sector
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January 18, 2021, Monday
Labour turns to agri, construction as manufacturing fails to create jobs
Manufacturing accounted for 40 million jobs in 2019-20. In the first quarter this dropped to 24.6 million, implying a loss of ...
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December 31, 2020, Thursday
Retail lending by banks shrinks sequentially in November, up 10% YoY
Within this space, vehicle loans continued to perform well, growing at an accelerated 10% this November, compared to 4.7% a year ...
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November 27, 2020, Friday
Sharp 23.9% GDP fall in Q1 will take at least a year to recover: Economists
Current year will continue with a drop of 7-7.5% which is lower than the earlier anticipated 10%
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November 13, 2020, Friday
Business optimism for Oct-Dec rises 57% over Q3 2020: D&B survey
Business optimism has witnessed an increase in the ongoing quarter supported by various measures taken by the government and the ...
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November 05, 2020, Thursday
Services activity grows for first time since Feb, PMI hits 54.1 in Oct
As in the manufacturing sector, employment declined for successive months in services sector too.
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August 28, 2020, Friday
Operating profits of manufacturing companies declined in Q4FY20: RBI
The operating profits of services companies (IT and non-IT) decelerated due to moderation in sales growth during the last quarter ...
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July 29, 2020, Wednesday
Singapore's jobless rate jumps in Q2, nearing financial crisis peak
The overall unemployment rate climbed from 2.4% in the first quarter, moving within sight of a 3.4% peak hit during the global ...
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May 08, 2020, Friday
Lockdown 3.0: Rural India may drive demand recovery amid Covid-19 crisis
Top executives at auto, tractor and consumer packaged goods firms are optimistic. They are betting on the reverse migration of ...
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April 30, 2020, Thursday
Policy change doesn't impact continuity
The apex court noted that there was continuous insurance coverage since 2007 and there was no evidence to show that the ailment ...
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February 05, 2020, Wednesday
Services activity at 7-year high in January as new orders zoom: Survey
Nikkei India Services Purchasing Managers Index (PMI) stood at 55.5 in January, up from 53.3 in December
