Poging GOUD - Vrij
Services sector growth drops to 11-month low
Financial Express Mumbai
|January 07, 2026
New biz activity eases, hiring stalls, show PMI data
INDIA'S SERVICES SECTOR activity slowed to its weakest pace in 11 months in December, as new business growth eased and hiring stalled, according to the latest HSBC survey.
The slowdown comes on the heels of the manufacturing sector, which saw its weakest growth in two years in December, reflecting softer demand conditions and cautious production strategies by firms.
The seasonally adjusted HSBC India Services PMI Business Activity Index, which gauges month-on-month business activity, fell from 59.8 in November to 58.0 in December, marking the slowest rate of expansion since January. Despite the decline, the reading still indicated a substantial rise in output.
Dit verhaal komt uit de January 07, 2026-editie van Financial Express Mumbai.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Financial Express Mumbai
Financial Express Mumbai
Exporters risk losing US summer orders as trade talks linger
INDIAN EXPORTERS OF products ranging from home decor to leather shoes are worried about missing the US summer shopping season if they are unable to lock in orders in January as trade deal talks drag on between India and the US.
3 mins
January 08, 2026
Financial Express Mumbai
'Strongest natural diamond growth coming from India'
Al Cook, CEO of De Beers Group, sees India as a bright spot for natural diamonds as rising demand, growing aspirations and higher disposable incomes pull consumers towards the category.
3 mins
January 08, 2026
Financial Express Mumbai
Govt to rev up auto parts sector with ₹5K-cr push
Scheme to focus on export-oriented, high-value gear
2 mins
January 08, 2026
Financial Express Mumbai
Aditya Birla AMC sees 12% return from equities
ADITYA BIRLA SUN Life AMC expects equity returns in 2026 to be broadly in line with the previous calendar year, at around 10-12%, and believes large-cap stocks are better positioned at this stage of the cycle, as the phase of indiscriminate outperformance in small and mid-caps is behind.
1 mins
January 08, 2026
Financial Express Mumbai
Analysts rule out tariff hike by telcos in Jan-Mar quarter
DESPITE EARLIER OPTIMISM around a near-term reset, analysts now do not expect a tariff hike in the January-March quarter, pushing the next round of telecom pricing intervention back by at least a quarter, if not longer.
1 mins
January 08, 2026
Financial Express Mumbai
Thyssenkrupp may sell Europe unit to Jindal Steel in phases
German giant's shares rise 5%
1 mins
January 08, 2026
Financial Express Mumbai
GDP pegged to grow at a faster clip of 7.4% in FY26
INDIA'S GROSS DOMESTIC product (GDP) is set to grow at 7.4% in the current financial year, in line with independent consensus estimate, the National Statistics Office (NSO) indicated on Wednesday, even as it projected economic expansion at 6.9% in the second half, slowing down from 8% in the first half.
3 mins
January 08, 2026
Financial Express Mumbai
GDP to grow at 7.4% in FY26: NSO
FROM THE FRONT PAGE
3 mins
January 08, 2026
Financial Express Mumbai
Warner Bros turns down revised Paramount bid
WARNER BROS DISCOVERY'S board has unanimously turned down Paramount Skydance’s latest attempt to acquire the studio, saying its revised $108.4 billion hostile bid amounted to a risky leveraged buyout that investors should reject.
1 min
January 08, 2026
Financial Express Mumbai
Indian Gas Exchange to launch IPO by Dec
INDIAN GAS EXCHANGE, the country's first online delivery-based trading platform for natural gas, is likely to launch an initial public offering (IPO) by
1 min
January 08, 2026
Listen
Translate
Change font size