Services

Maharashtra aims $1 trillion GDP with growth in manufacturing, services

Maharashtra plans to double its GDP to $1 trillion by 2030, focusing on manufacturing, EVs, semiconductors, and power reforms while maintaining its lead in FDI inflows and boosting infra development

Urban Company Q1 results: Loss narrows by 70%, revenue at Rs 827 cr

The home-services firm said the growth was achieved due to investments in service quality, partner training and enablement, technology development and the launch of Native RO water purifier devices

India's services trade surplus bounces back in Sept quarter of FY24

In the September quarter, services exports hit $83.4 billion while services imports eased to $43.4 billion, leading to a services trade surplus of $40 billion

Delhi L-G approves transfer of vigilance, services departments to Atishi

Delhi Lt Governor VK Saxena has accepted the chief minister's recommendation to transfer the charge of Vigilance and Services departments to minister Atishi Marlena, officials said on Saturday. Chief Minister Arvind Kejriwal had on August 8 made the recommendation. The departments were earlier handled by Delhi Minister Saurabh Bhardwaj. A formal notification of the reshuffle by the General Administration (GAD) was awaited, they said. The proposal of the chief minister to allocate the portfolios of Services and Vigilance departments to Atishi Marlena was received at LG office on August 8, officials at Raj Niwas said. "At that time, Section 3A of the Government of National Capital Territory of Delhi (Amendment) Ordinance, 2023 excluding Entry 41 of the State List from the legislative domain of Delhi Assembly was in vogue," the LG wrote in a file noting. However, Section 3A of the Ordinance was omitted from the Government of National Capital Territory of Delhi (Amendment) Bill, 2023

Statsguru: Six charts explain expansion in India's services trade

An analysis of global numbers suggests that other commercial services dominate services trade globally

Telecom operators to step up pace of 5G network rollout from December

Number of towers may be increased to 10K per week by Jan

Aadhaar number mandatory for availing of govt subsidies and benefits

Under Section 7 of the Aadhaar Act, a person not assigned an Aadhaar number "shall be offered alternative and viable means of identification for delivery of the subsidy, benefit or service"

PwC India completes acquisition of Salesforce consulting firm Venerate

Venerate, which was founded in 2016 in Bangalore, builds customised solutions on the Salesforce platform across multiple clouds. The solutions help organisations in managing customers and sales

PwC India completes acquisition of Venerate Solutions Private Ltd

Venerate builds and deploys customised solutions on the Salesforce platform across multiple clouds including financial services cloud, salesforce marketing cloud, etc

India's services activity rises to 59.2 in June, highest in 11 years

Unrelenting inflation continued to worry businesses that were cautiously optimistic about the year-ahead outlook for business activity

Premium valuations, pressure on margins may restrict gains in Bosch

The management is cautious on the near-term outlook

UK-based Tide forays into India, commits Rs 1,000-crore investment

Tide is a British company focused on providing financial and administrative solutions to small businesses

US retail sales drop in May, hinting at shift to spending on services

The total value of retail purchases fell 1.3% in May following an upwardly revised 0.9% gain in April, Commerce Department figures showed Tuesday.

Manufacturing might or services - what will steer India's future economy?

We must acknowledge that India cannot replicate the export orientation of the East Asian manufacturing story, or even Bangladesh. The services story will have to compensate for this, writes T N Ninan

Atmanirbhar Bharat 3.0: Prudent measures to boost job creation, stem capital destruction

The government is hoping that the green shoots visible in high-frequency data will further translate into a GDP uplift. And the latest measures - pragmatic and specific - will aid that

Aatmanirbhar mission to make India hub of manufacturing, services: Thakur

Under the Aatmanirbhar Bharat package, the government has identified certain sectors that will get a boost and introduced various schemes to benefit businesses, Thakur said

Why Informal India cannot be 'Atmanirbhar' India

The romanticism around employment-generating and cost-cutting characteristics of these informal firms have made us believe that informality is forced by excessive cost of regulation

Export of services rises 11.6% to $20 bn in Dec; imports up 10.3%

Surplus in trade services stood at $7.45 billion for December

India's services exports rise 6.6% in March; services imports up by 10.55%

The trade balance in services for March under review is estimated at $6.58 billion

Letter to BS: Services should be linked with all other economic activities

The recent session (Geneva, 1-2 May, 2019) of the UNCTAD multi-year expert meeting on trade, services and development focused on the strengthening productive capacity through services