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India’s services sector growth hits 11-month low in December, PMI shows

BENGALURU, Jan 6 (Reuters) – India’s services sector expansion slowed to its weakest pace in 11 months in December as new business growth eased and hiring stalled, a survey showed on Tuesday. HSBC’s India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, dropped to 58.0 last month from November’s 59.8, lower than a preliminary estimate of 59.1. A reading above 50.0 indicates growth in activity, while below that level points to a contraction. “While India’s service sector continued to perform well in December, the retreat in several survey indicators as 2025 ended may suggest a moderation in growth heading

Umar Khalid verdict: JNU students raise controversial slogans against PM, Shah

New Delhi, Jan 6 (PTI) A group of JNU students raised controversial slogans against Prime Minister Narendra Modi and Union Home Minister Amit Shah inside the university campus after the Supreme Court denied bail to Umar Khalid and Sharjeel Imam in the 2020 riots conspiracy case.  According to a purported video of the protest, which was held on Monday night, slogans condemning Prime Minister Narendra Modi and Union Home Minister Amit Shah were raised. Aditi Mishra, Jawaharlal Nehru University Students’ Union president, said that every year, students hold a protest to condemn the violence which occurred on the campus on January

Rupee rises 18 paise to 90.12 against US dollar in early trade

Mumbai, Jan 6 (PTI) The rupee rose 18 paise to 90.12 against the US dollar in early trade on Tuesday on the back of a weaker greenback and a dip in global crude oil prices. However, US President Donald Trump’s remarks on tariffs on India, FII outflows, and sustained weak sentiments at the domestic equity markets capped sharper gains in the rupee, according to forex traders. At the interbank foreign exchange, the rupee opened at 90.22 against the US dollar and rose further to 90.12, up 18 paise from its previous close. On Monday, the rupee stayed weak for the

Stock markets trade lower in early trade as selling in Reliance Industries, HDFC Bank dents sentiment

Mumbai, Jan 6 (PTI) Benchmark indices Sensex and Nifty declined in early trade on Tuesday, dragged by heavy selling in blue-chips Reliance Industries, HDFC Bank, and worries over fresh warning from the US to further raise tariffs against India. The 30-share BSE Sensex declined 431.95 points to 85,007.67 during early trade. The 50-share NSE Nifty tanked 105.6 points to 26,144.70. From the 30-Sensex firms, Trent tumbled over 7 per cent even as the Tata group retail firm reported a 17 per cent growth in standalone revenue to Rs 5,220 crore in the December quarter. Reliance Industries, Tata Motors Passenger Vehicles,

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