Growth in India's dominant services sector in 2024 ended on a strong footing, with Purchasing Managers' Index rising to a four-month high of 59.3 in December, owing to demand buoyancy that continued to drive new business inflows higher, which in turn supported output growth and prompted firms to recruit additional workers, according to a private business survey released on Monday.
This story is from the January 07, 2025 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the January 07, 2025 edition of Business Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Indian cos vie to top future tech adoption chart
Employers in India are planning to outpace global adoption in certain future technologies as companies operating in the country are heavily investing in technologies like artificial intelligence (AI), energy technologies, robotics, and autonomous systems, said the World Economic Forum (WEF) in its latest \"Future of Jobs\" report released on Wednesday.
India's AI push gains force amid PM's power talks with tech leaders
As India eyes global leadership role in artificial intelligence (AI) landscape, Prime Minister Narendra Modi has held a series of meetings with top tech captains over the last few days, including Microsoft CEO Satya Nadella, former Infosys CEO Vishal Sikka and Perplexity CEO Aravind Srinivas, to turn the plans into reality.
Govt May Mandate Airlines Share Weather Data With Met Dept
The government is planning to make it mandatory for domestic airlines to share weather data captured by aircraft during takeoff and landing with the India Meteorological Department (IMD), which senior officials say will significantly enhance forecasting capabilities.
A GOLD STANDARD IN NEED OF ANSWERS
As India's electoral system stands on the verge of a landmark, it searches for ways to tackle freebies, inducements, black money, and vitriol
Cement firms set to see decline in profit
Pricing weakness to eat into earnings; growth demand to be in single-digit
Markets end with minor losses as FPIs go on selling spree
India's benchmark indices ended with minor losses on Wednesday amid foreign portfolio investor (FPI) selling.
Sebi Okays 4 New Public Offers
The Securities and Exchange Board of India (Sebi) has approved the initial public offering of four companies including Dr Agarwal's Health Care and Casagrand Premier Builder.
SC to Sebi: Review Sahara group's property proposals for development
The Supreme Court on Wednesday directed the Securities and Exchange Board of India (Sebi) to examine proposals submitted for the development of the Sahara group's property in Mumbai's Versova by two developers - Oberoi Realty Ltd and Valor Estate Ltd.
Sebi warns Ola Electric over disclosure norm violation
The Securities and Exchange Board of India (Sebi) has issued an administrative warning to EV maker Ola Electric Mobility over certain violations of disclosure norms.
Jefferies, Bernstein bets on RIL lift stock over 2%
Mukesh Ambani-led Reliance Industries Ltd (RIL) shares were buzzing in trade on Wednesday, as the scrip rose up to 2.4 per cent to an intraday high of ₹1,270.70 per share on the BSE in an otherwise weak market.
