Topic
services sector
Business Economy #indian economy#rbi
Resilient industrial and services sectors helped Indian economy sustain despite global pressures: RBI
The Reserve Bank of India (RBI) stated that the Indian economy has navigated global uncertainties well and remains among the fastest-growing major economies. Healthy domestic demand and resilient industrial and services sectors sustained momentum despite fragile geopolitics and supply-chain pressures. Foreign investment inflows recovered, while CPI inflation rose to an 18-month high of 4.4% in June.
Jul 22, 2026 1 source
Business Economy #services sector#india
India's Services Sector Growth Slows to 17-Month Low as Hiring Stalls, Demand Weakens
India's services sector growth slowed to a 17-month low in June, with the HSBC Services PMI falling to 57.4 from 59.8. Hiring activity nearly stalled, domestic demand softened, but export orders remained robust. The broader composite PMI also declined to 57.1, reflecting weaker private sector momentum.
Jul 8, 2026 1 source