Service Sector
Morgan Stanley Upgrades India's FY25 GDP Growth Forecast To 6.8%, Citing Economic Strength
Economy National News

Crisil Ratings Forecasts 6.8% GDP Growth For India In FY25

Crisil Ratings, an Indian rating agency, forecast a 6.8 per cent growth in India’s GDP for the upcoming fiscal year. Their India Outlook report predicts the country’s economy will benefit from domestic reforms and cyclical trends, potentially solidifying its position as the world’s third-largest economy by 2031. The report acknowledges a projected moderation from the […]

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Morgan Stanley Upgrades India's FY25 GDP Growth Forecast To 6.8%, Citing Economic Strength
Economy Feature News

India’s Q3FY24 Growth Surprises At 8.4%, But Experts Urge Caution

Economists predict that the divergence between India’s industrial and service sectors will normalise in the next few quarters The Indian economy grew at an impressive rate of 8.4 per cent in Q3FY24, surpassing economists’ expectations of 6.6 per cent growth. However, it is important to interpret the headline growth figure with caution as there are […]

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Logistics News

India’s Service Sector Activity At 12-year High In Feb: S&P Global India

The Indian service sector output expanded at the strongest rate in 12 years amid the joint-best improvement in new business intakes over the same period, according to S&P Global India Services Purchasing Managers’ Index (PMI). However, capacity pressures remained mild and jobs rose only marginally, S&P Global India said. Helped by a substantial moderation in […]

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