New Delhi, July 24 (IANS) India’s private sector activity remained on a growth trajectory in July, backed by manufacturing output and rising export orders, despite a moderation in services activity, according to the HSBC Flash India PMI data released on Friday.The seasonally adjusted HSBC Flash India Composite PMI Output Index came in at 54.3 in July from 57.1 in June. A reading above 50 indicates growth in business activity, the data showed.The moderation was primarily driven by the services se…
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Mumbai, July 22 (IANS) The proposed India–New Zealand Free Trade Agreement (FTA) is expected to come into force soon and, together with the newly elevated Strategic Partnership between the two countries, is expected to help double bilateral trade by 2030, New Zealand’s Trade Commissioner and Consul-General to India and South Asia, Graham Rouse, said on Wednesday.In an exclusive interview with IANS, Rouse said the recent elevation of India–New Zealand ties to a Strategic Partnership marks a h…
New Delhi, July 22 (IANS) Visakhapatnam retained the top spot among India’s non‑metro job markets among the fastest‑growing smaller cities for hiring and migration, a report said on Wednesday.The report from professional networking platform LinkedIn said Visakhapatnam was followed by Ludhiana, Surat, Vadodara and Prayagraj — occupying the top five positions.It underscored the rise of non‑metro hubs that are expanding beyond legacy industries. Technology, financial services, manufacturi…
Mumbai, July 20 (IANS) The recently concluded India-United Kingdom Free Trade Agreement (FTA) is a landmark development that is expected to provide a major boost to Indian businesses across sectors, with benefits extending from large corporations to micro, small and medium enterprises (MSMEs), an industry body said on Monday.Speaking exclusively to IANS, Indian Merchants’ Chamber (IMC) President Prof. Mahendra Kumar Chouhan described the agreement as a “historic step” that would strengthen India…
New Delhi, July 15 (IANS) The landmark India-UK Comprehensive Economic and Trade Agreement (CETA), which has come into effect from Wednesday, grants zero-duty access on nearly 99 per cent of India’s exports, covering almost 100 per cent of the trade value, which will strengthen the country’s export competitiveness, according to a government factsheet.India will benefit from one of the most ambitious services commitments ever offered by the UK under a Free Trade Agreement.The agreement seeks to…
Mumbai, July 15 (IANS) The India–United Kingdom Comprehensive Economic and Trade Agreement (CETA), which came into effect on Wednesday, is expected to provide a major boost to India’s exports, employment and services sector by offering near-complete tariff-free access to the UK market, World Trade Centre (WTC) Mumbai Chairman Vijay Kalantri said on Wednesday.Welcoming the implementation of the agreement, Kalantri said nearly 99.5 per cent of the value of India’s exports to the UK would now enj…
New Delhi, July 13 (IANS) Looking to raise the bar for customer satisfaction, the Delhi Metro plans to conduct its “12th Online Customer Satisfaction Survey – 2026” from July 15 to August 14, said an official on Monday. Anuj Dayal, Principal Executive Director, Corporate Communications, said, “The main objective of the survey is to collect feedback from the commuters on various components of Metro services and facilities.”Detailed feedback will be obtained from participating commuters on…
Mumbai, July 13 (IANS) India’s small business credit ecosystem continues to expand steadily despite external headwinds as total portfolio outstanding (covering sole proprietors and enterprises) stood at Rs 49.2 lakh crore till March 2026, a report said on Monday.This was a robust growth of 13.4 per cent year-on-year, according to credit bureau CRIF High Mark’s 4th edition of CRIF–SIDBI Small Business Spotlight Report.With this increase, the active loans has reached to 7.5 crore as of March…
New Delhi, July 6 (IANS) Strong growth in bank lending is expected to be the main driver of Indian banks’ profitability even as net interest margins remain flat or marginally lower in the first quarter of FY27, a report said on Monday.The report from Systematix Institutional Equities said banking system advances expanded by 17.7 per cent year‑on‑year as of May 2026, compared with 9 per cent YoY growth recorded in May 2025, marking the highest annual growth rate since June 2024.The report f…
New Delhi, July 3 (IANS) Commerce and Industry Minister Piyush Goyal said on Friday that India is aiming to achieve an ambitious target of $1 trillion in exports during the current financial year, with a robust double-digit growth from $863 billion in 2025-26. Addressing the Board of Trade Meeting here, Goyal said the country is targeting a 17 per cent surge in merchandise exports to about $530 billion, while services exports are projected to increase by around 11 per cent to nearly $470 billion…