Tag: Service sector growth

14 service sectors grew in double digits in April as per inaugural Index of Services Production

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14 service sectors grew in double digits in April as per inaugural Index of Services Production

Image used for representational purpose only. | Photo Credit: Getty Images/iStockphoto 14 of the 19 sub-sectors in the trial and inaugural release of the government’s new Index of Services Production (ISP) witnessed double-digit growth in April 2026, with the best-performing sectors including accommodation and food, retail trade, administrative and support services, and real estate.  The…

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Service sector growth hit 15-year high in August, but inflation intensifies, PMI shows

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Service sector growth hit 15-year high in August, but inflation intensifies, PMI shows

India’s services PMI Business Activity Index reached a fifteen-year high last month … on the back of surging new orders. (Image used for representation) | Photo Credit: Getty Images/iStockphoto India’s services sector growth accelerated to a 15-year high in August on robust demand, which also pushed prices higher at the fastest rate in over a…

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