India's services sector employment grew at fastest pace since 2005

India's services sector employment grew at fastest pace since 2005

Daily Current Affairs / India's services sector employment grew at fastest pace since 2005

Change Language English Hindi

Category : Business and economics Published on: December 06 2024

Share on facebook

India's services sector continued its impressive performance in November 2024, with a significant increase in service sector employment, which was recorded at the fastest pace ever since the survey began in 2005.
During November, there was a significant increase in employment in the services sector, which was recorded at the fastest pace since the survey began in 2005.
During November, there was a significant increase in employment in the services sector, which was recorded at the fastest pace since the survey began in 2005.
The surge in hiring reflected the sector's improving business confidence, rising new orders and strong international demand.
At the same time, high food and labor costs pushed input and output prices to their fastest rates in 15 months and nearly 12 years, respectively.

Recent Post's

The ILO has projected that global unemployment will remain at a historic low of 4.9% in 2026, though millions of workers continue to face extreme poverty and informal employment.
Read More....
The World Bank has raised India’s FY26 GDP growth forecast to 7.2%, citing strong domestic demand and reforms, keeping India the fastest-growing major economy.
Read More....
Sydney-based amateur Jordan Smith won A$1 million after defeating top professionals to clinch the ‘One Point Slam’ tournament ahead of the Australian Open.
Read More....
The U.S. has suspended immigrant visa processing for citizens of 75 countries over concerns that they may rely on public welfare.
Read More....
A Delhi court has convicted Kashmiri separatist leader Asiya Andrabi under the UAPA in a terror funding and conspiracy case.
Read More....
Jaipur hosted the 78th Army Day Parade outside a cantonment for the first time, showcasing advanced military hardware and reinforcing the theme “Nation First.”
Read More....
Russia has expelled a British diplomat over alleged espionage, further worsening already strained UK–Russia relations.
Read More....
The Centre has appointed new Directors General for the BSF, ITBP and NIA to lead key security and counter-terrorism agencies.
Read More....
Environmental activist and ‘Save Kurinji’ campaign leader G. Rajkumar passed away at 70, leaving behind a legacy of biodiversity conservation.
Read More....
China recorded a historic trade surplus of $1.2 trillion in 2025, the highest ever achieved by any country globally.
Read More....