India among world's top five defence spenders

India is among the world's top five defence spenders with its military budget at $50.7 billion (Rs 3.4 lakh crore), overtaking Saudi Arabia and Russia, according to a new report released on Monday.......

India's services sector activity contracts for 4th successive month

The country is gripped in an unprecedented economic downturn which is certainly going to spill over into the second half of this year unless the infection rate can be brought under control.......

Services sector growth hits 13-month low in June

The country's services sector activity in June contracted for the first time since May 2018 as weak sales, competitive pressures and unfavourable taxation hampered output, a monthly survey showed......

Business sentiment at 3-year low, finds survey

Business sentiment in India fell to its lowest level since June 2016, as companies were worried over a slowing economy, government policies and water shortage, a survey said on Monday. Image used......

India's service sector growth hit 5-month high in Dec

The IHS Markit India Services Business Activity Index improved from 52.7 in November to 53.3 in December, highlighting the second-strongest rate of increase in output in over a year, after July.......