India’s services sector saw a modest improvement in July, with the HSBC Services PMI rising to 60.5 from 60.4 in June—marking the fastest growth rate since August 2024 and staying well above the long-term average of 54.2. Growth was driven by new export orders, strong advertising, and robust demand. International...
India’s consumer sector is expected to experience a strong recovery, with UBS forecasting a 13% earnings growth in FY26. This growth is driven by potential income stimulus measures, such as tax cuts and the Eighth Pay Commission, as well as attractive stock valuations. Despite global uncertainties, India’s macroeconomic stability remains...
India’s services sector exhibited impressive growth in September, with the S&P Global India Services Purchasing Managers’ Index (PMI) rising to 61 from August’s 60.1. This consistent expansion since August 2021 reflects the sector’s longest growth streak since 2011. Â Driven by surging demand and strong sales, India’s services industry, a...
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