
India Services Growth Rises in September Amid Mixed Quarterly Trends
India's services sector saw a boost in September driven by domestic demand, though quarterly growth hit its lowest level since early 2022.
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India's services sector saw a boost in September driven by domestic demand, though quarterly growth hit its lowest level since early 2022.

The World Bank has upgraded India's FY27 economic growth forecast to 7.1% from 6.6%, driven by robust domestic demand and surging AI investment.

Emkay Research predicts a massive pick-up in real estate sales momentum for 2HFY27 driven by a strong pipeline of new project launches.

Krasha Financial Services plans to enter India's legal finance market with a dedicated platform for high-value commercial disputes by FY2026-27.

Kotak Institutional Equities predicts 11% earnings growth for Indian banks in Q2FY27, though FCNR deposits may temporarily pressure margins.

Industry leaders urge deeper trade and investment with BIMSTEC nations to achieve India's Viksit Bharat vision through flexible business arrangements.

Axis Direct warns of global uncertainty and tight liquidity, suggesting investors shift focus to stock-specific opportunities for better returns.

Adani Power and Bhutan's DGPC partner for the 770 MW Chamkharchhu-I project. Construction starts in 2027 to boost regional energy security.

New reports from Union Bank and ICICI Bank suggest the RBI may begin a rate-hike cycle, potentially pushing the repo rate to 6% due to inflation risks.

Commerce Minister Piyush Goyal meets IBM, AIA Group, and General Atlantic to boost India's tech and financial sectors.

CM Nayab Singh Saini highlights Haryana's investor-friendly policies and infrastructure at the SING Forum in Singapore to attract global companies.

MEA Secretary Sibi George reveals significant progress toward the $100 billion India-EFTA investment target and job creation goals.

Union Minister Anupriya Patel urges states and industry to join the Bhavya Rasayan scheme to build three major chemical parks across India.

TRAI reports a massive 24.74% surge in wireless data usage in India for FY26, even as revenue per GB sees a significant decline.

Powergrid completes its Rs 17 crore Centre of Excellence at Punjab Engineering College ahead of schedule to boost national transmission research.

The Federation of Indian Airlines urges the Centre to intervene as banks delay releasing sanctioned ECLGS 5.0 credit to Air India, IndiGo, and SpiceJet.

Chhattisgarh attracts massive FDI proposals worth Rs 43,250 crore at the SING Forum, including a giant hyperscale data centre project.

Swiss President Guy Parmelin predicts a massive surge in bilateral trade and investment following the implementation of the India-EFTA TEPA agreement.

Swiss President Guy Parmelin calls the India-EFTA TEPA a win-win model for long-term investment and trade growth.

Crisil's Dipti Deshpande warns of imminent MPC rate hikes due to rising crude oil prices and monsoon deficits impacting inflation.

A new report reveals NBFCs now serve 46% of credit-active consumers in India, showing massive growth in rural reach and small-ticket lending.

Indian equity markets rebounded on Monday as FMCG, energy, and banking stocks drove the Sensex up by 472 points and Nifty past the 22,500 level.

Venu Srinivasan says India needs a 5-year journey to build global trust and quality across all manufacturing sectors.

Bank of Baroda predicts RBI will hold repo rates in October before starting a 50-75 bps hike cycle in December due to inflation risks.