Service Sector Creates 3X More Jobs Than Manufacturing: NITI Aayog
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
New NITI Aayog data shows India's service sector generated 3.7X more employment than manufacturing between 2017-2023, signaling a major shift in the country's job landscape.
A former bank manager faces CBI custody in Mumbai for allegedly cheating customers of crores. ED investigates money laundering angle in the banking fraud case.
India's industrial production maintained a steady 4% growth in September 2023, with manufacturing sector showing robust performance despite global headwinds. Key sectors including mining and electricity also contributed to the positive economic indicators
India's industrial sector demonstrates resilience as factory output maintains 4% growth in September. Infrastructure and manufacturing emerge as strong performers, while mining activity shows signs of moderation.
India's industrial output growth slowed to 5.8% in September, marking the weakest performance in three months. Manufacturing and mining sectors show concerning deceleration despite overall economic resilience.
Despite facing significant tariff challenges from the Trump administration, India's MSME sector continues to demonstrate strong growth and export performance, according to recent reports.
In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.
Discover why global investors are pouring money into Indian private banks and what this signals about the health and future prospects of India's banking sector.
A special CBI court in Chandigarh has convicted 13 individuals in a sophisticated ₹45 lakh bank fraud case involving forged documents and conspiracy. Discover the shocking details of how they manipulated the banking system.
India's defence exports are projected to reach an unprecedented ₹30,000 crore this fiscal year, marking a historic achievement for the nation's growing defence manufacturing capabilities.
Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.
Tamilnad Mercantile Bank reports impressive 4.9% growth in net profit for Q2 FY26, showcasing robust financial health and strategic growth initiatives in the competitive banking sector.
In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.
Global banking giant HSBC sets aside massive $1.1 billion provision for potential losses linked to Bernie Madoff's infamous Ponzi scheme, causing stock market jitters.
Exclusive insights from RBI's Saugata Bhattacharya reveal why Indian manufacturers remain cautious despite declining global commodity prices and what this means for India's economic growth.
Adani Energy Solutions delivers robust H1 FY26 performance with significant revenue growth, expanding consumer base, and strategic infrastructure development across India's power sector.
Indian technology sector demonstrates remarkable resilience with 88 deals worth $1.48 billion in Q3 2024, showcasing strong investor confidence despite global headwinds.
Despite higher tariffs in August, India's economy gained significant momentum in Q2 FY26, driven by robust manufacturing, services, and investment activity according to Finance Ministry data.
Kotak Mahindra Bank faces investor disappointment as it pushes back its return on equity target to FY26. Discover how capital adequacy challenges and regulatory pressures are reshaping India's banking landscape.
Discover why Axis Bank is generating buzz as a potential value stock in India's banking sector. Expert analysis on growth prospects, financial metrics, and market positioning.
India's eight core industries show robust 6.7% growth in December 2023, with steel production soaring 12.3% and electricity generation rising 8.4%. Discover how this momentum signals strong economic recovery.
India's corporate bond market is heading for unprecedented growth with an expected 87% expansion by FY26. Discover the key drivers behind this financial revolution and what it means for investors.
Kotak Mahindra Bank faces market pressure as shares drop nearly 3% post-Q2 results. Analysis of NII growth, asset quality, and what the future holds for one of India's leading private banks.
Goldman Sachs identifies India's defence market as a major growth story with domestic manufacturing driving unprecedented expansion and investment potential.
Latest RBI data shows non-food credit growth hitting multi-year highs at 16.1%, signaling strong economic revival. Industrial credit accelerates while services sector leads expansion.
India is poised to launch an ambitious National Manufacturing Mission that could redefine its economic trajectory, challenging China's dominance and boosting GDP through strategic subsidies and R&D investments.
Get expert stock market insights from ICICI Securities' Dharmesh Shah as he reveals why Axis Bank and Kansai Nerolac present compelling buying opportunities with detailed technical analysis and target prices.
HDFC AMC's Navneet Munot reveals why India's structural reforms, capex cycle revival, and strong earnings growth are creating unprecedented opportunities for equity investors. Discover the key drivers behind the market surge.
ICICI Bank extends Sandeep Bakhshi's tenure as CEO for another year amid market speculation about leadership stability and RBI's role in banking talent management.
State Bank of India announces massive recruitment drive for 3,500 officers this year with strong focus on gender diversity. Banking sector shows robust job growth amid economic expansion.