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14 stories for “Service” · August 2026
Clear filtersIndia received $30.7 billion in gross Foreign Direct Investment (FDI) in April-June 2026, the highest in at least 15 years, nearly 46% above the previous quarter and about 15% above April-June 2025. Net FDI for the quart...
India's Periodic Labour Force Survey (PLFS) 2026 is expected to gather separate data on digital and platform workers for the first time, covering food delivery executives, drivers and home-service providers. Their earnin...
IntroductionIn a major boost to India's sovereign digital economy and AI computing infrastructure, global technology giant Microsoft on 16 August 2026 inaugurated its fourth and largest India Cloud data centre region in...
IntroductionIn an innovative non-fare revenue commercial partnership, the Indian Railway Catering and Tourism Corporation (IRCTC) announced on 15 August 2026 that India's first privately operated passenger train, the Luc...
IntroductionIn a major digital empowerment initiative for the cooperative banking sector, the Union Minister for Home Affairs and Cooperation launched the 'Bank in a Box' technology platform in Mumbai, Maharashtra, on 13...
IntroductionParliament cleared the Taxation and Other Laws (Amendment) Bill, 2026 during the Monsoon Session on 10 August 2026. One of the most notable aspects of the passage was a clarification from Finance Minister Nir...
The Bharat Maritime Insurance Pool (BMIP), launched by the Ministry of Finance's Department of Financial Services (DFS), is India's first sovereign-backed maritime insurance and risk-sharing mechanism.War risk premium ra...
The World Bank released the World Development Report 2026: The Promise of Artificial Intelligence (AI), highlighting AI's potential to reduce inequality in developing countries.It says generative AI could raise productiv...
The Ministry of Statistics and Programme Implementation (MoSPI) released India's first trial Index of Services Production (ISP), covering 19 sub-sectors. It will serve as the services counterpart of the Index of Industri...
World Fintech Day is observed every year on 1 August to draw attention to innovation and progress in financial technology (FinTech) around the world.FinTech covers digital payments, online lending, digital banking and re...
IntroductionIn a deeply structural and highly massive statistical reform, the Ministry of Statistics & Programme Implementation (MoSPI) strictly and officially revised the fierce absolute base year of the Consumer Price...
IntroductionIn a deeply structural and highly massive national energy security initiative, the Union Cabinet strictly and officially approved ‘Samudra Manthan’ – National Offshore Exploration Scheme, forcefully dedicatin...
