Service Sector

Opinion

AI regulation must go far beyond content labelling to secure the interests of Indian consumers

India’s draft IT rules for AI aim to curb the menace of AI-generated fakes, but they miss a major threat—the quiet disenfranchisement of consumers by companies that have replaced human interaction with clueless chatbots.

4 min read2 Nov 2025
Economy

PMI data: India’s services growth slows to more than two-year low in January

The seasonally adjusted HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 56.5 in January, its lowest since November 2022, on the back of lower demand and a softer increase in sales and output.

3 min read5 Feb 2025
Economy

India's services exports to surpass goods exports by FY30, says GTRI report

Services exports are projected to be $618.21 billion, slightly higher than merchandise exports at $613.04 billion by FY30, the report said.

2 min read20 Nov 2024
Economy

India's service sector expands at slower pace, but remains optimistic despite global headwinds

India's February services growth remained robust but slowed slightly

1 min read5 Mar 2024