Economic transformation: India emerging as ‘global hub for services exports’; poised to be world’s third-largest economy by 2027

India is rapidly establishing itself as a global leader in services exports, with a compound annual growth rate (CAGR) of 14.8 per cent over the past three decades, outpacing goods exports, which grew at 9.8 per cent, said National Stock Exchange (NSE) officials. According to news agency PTI, NSE chief economist Tirthankar Patnaik said, “India…

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Housing sales: Hyderabad, Bengaluru, Chennai together see 47% rise; Mumbai, Delhi record weak performance

The southern cities of Hyderabad, Bengaluru, and Chennai have driven a sharp rise in housing sales, reporting a combined 47% growth during the July-September quarter, even as overall demand across India’s top eight cities remained subdued, according to PropTiger.During the quarter, the three cities sold 38,644 residential units, up from 26,284 in the same period…

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IT sector outlook: Demand shows early stabilisation; AI productivity gains keep growth muted

India’s information technology (IT) services sector is showing tentative signs of demand stabilisation, even as visibility into calendar year 2026 remains uncertain, according to a report by Goldman Sachs.The report highlighted that major IT firms reported sequential revenue growth in the latest quarter, with the sector expanding 1.5 per cent quarter-on-quarter. “While there are early…

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Luxury watch boom: Indian market likely to grow 11–12% annually; rising HNIs and aspirational buyers drive demand

India’s luxury watch market is set for sustained expansion, with annual growth projected at around 11–12 per cent, driven by the rapid rise in the country’s affluent base and growing wealth among high-net-worth individuals (HNIs), according to a report by SOIC Research.As per news agency ANI, the report stated that India is emerging as one…

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