India’s services PMI indicates strong growth, hits 59.3 in Dec
The final India Services Purchasing Managers' Index (PMI) for December 2024 rose to 59.3 points, an increase from 58.4 points recorded in November.
The final India Services Purchasing Managers' Index (PMI) for December 2024 rose to 59.3 points, an increase from 58.4 points recorded in November.
During 2024, eight major office markets saw a 6% annual decline infresh supply of workspaces, even as the demand hit an all-time high, areport by the real estate consultancy firm said.
The Confederation of Indian Industry (CII) has suggested a seven-point agenda to the Finance Ministry for the Union Budget-2025.
Union Minister for Commerce and Industry Piyush Goyal has said that FDI inflows are surging with investors from the Middle East, Japan, European Union, and the US recognising India's status as a top investment destination.
Union Minister of Textiles Giriraj Singh has inaugurated the new permanent campus of the Indian Institute of Handloom Technology (IIHT) at Fulia in West Bengal.
Unified Payments Interface (UPI) transactions at retail stores have witnessed a spike of 33%, underscoring the growing adoption of digital payments beyond Tier II regions in the country, a recent report has said.
Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
A total of 51 founders of 28 Indian new-age startup companies in the country took home Rs 283.5 crore as an annual salary in FY24.
The market capitalisation of CPSEs more than doubled in Fiscal Year 2024-25 as compared to Fiscal Year 2023-24, the report said.
This was in line with a bearish trend in equities, where Tata Consultancy Services (TCS) and Reliance Industries faced the sharpest erosion.
