India’s services sector logs 11-month high: Export orders, sales drive July growth; job creation slows
India’s services sector surged in July, hitting an 11-month high with a PMI of 60.5, fueled by robust export orders and strong sales growth. New ...
Staffing industry pushes for lower GST; pitches 5% slab to aid formal hiring
The Indian Staffing Federation urges the finance ministry to lower the GST rate on employment services from 18% to 5%. ISF argues this reduction would ...
India’s services sector maintains strong momentum in May; job creation hits record high
India’s services sector performed well in May. The HSBC India Services PMI Business Activity Index increased. This indicates growth in activity, hiring, and international demand. ...
ESIC job creation rises 5.8% in March adding 1.63 million employees, almost half under 25
Formal employment under ESIC witnessed a significant surge in March, with new job creation rising by 5.79% to 1.63 million. A notable 33.9% increase in ...
