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Services sector growth surges on robust demand
March 06, 2025
|Financial Express Pune
Index rises to 59 in Feb from 56.5 in Jan
THE COUNTRY'S SERVICES activity improved sharply in February due to improved domestic and international demand. The HSBC India services Purchasing Managers' Index (PMI) rose to 59 during the month from 56.5 in January, S&P Global said on Wednesday.
In January, the services PMI print was the lowest in 26 months.
February's services sector expansion was in contrast to the manufacturing PMI, which declined to a 14-month low of 56.3 during the month.
The composite PMI index rose to 58.8 in February from 57.7 in January, signalling a substantial rate of expansion.
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Financial Express Pune
South Korea’s ex-president Yoon given 5-year jail term
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ICRA estimates gross tax revenue growth at 7% in FY27
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Virat Kohli, Anushka Sharma buy land in Alibaug
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Federal Bank profit rises 9% on strong fee, other income
FEDERAL BANK REPORTED a 9% year-on-year (yo-y) increase in net profit for the third quarter at ₹1,041 crore, aided by higher fee and other income.
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Sony Pictures rejigs leadership, may lay off 120 employees
SONY PICTURES’ NETWORKS India (SPNI) on Friday announced a leadership rejig under a new operating model that aims to be platform-agnostic.
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Iran protests abate after deadly crackdown
IRAN'S DEADLY CRACKDOWN appears to have broadly quelled protests for now, according to a rights group and residents, as state media reported more arrests on Friday in the shadow of repeated US threats to intervene if the killing continues.
1 min
January 17, 2026
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RBI retains higher compensation cap in revised ombudsman scheme
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1 min
January 17, 2026
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Coal gasification likely to see a ₹50K-cr incentive push by govt
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2 mins
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BENEFITS INCLUDE HEALTH, LIFE INSURANCE 90-day work threshold for gig workers’ security may be eased
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1 mins
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Marathon runner for all seasons
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