Mon, Jun 05, 2023
The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 62 in April to 61.2 in May. Despite falling from April, the latest reading indicated that output increased at the second-quickest pace since July 2010.
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Thu, Sep 29, 2022
In terms of the potential of the travel and tourism industry, Chhatwal said it has the potential to grow three times from the pre-pandemic levels to USD 600 billion by 2030 and accelerate by five times to reach USD 3 trillion by 2047.
Wed, Aug 03, 2022
As per the survey, service providers that reported higher sales in July mentioned favourable demand conditions and fruitful advertising. However, growth was dampened by fierce competition and unfavourable weather, survey participants said.
Tue, Jul 05, 2022
On the job front, some companies responded to capacity pressures by hiring additional staff in June, but the vast majority (94 per cent) left payroll numbers unchanged.
Wed, Mar 04, 2020
India's services sector activity expanded for the fifth successive month in February, marking its quickest rise in over seven years
Tue, Apr 25, 2017
Chief Economic Advisor Arvind Subramanian said that 50-60% of all India's exports of services goes to the US.
Fri, Mar 03, 2017
As per the Nikkei release, other survey indicators painted a mixed picture of the service sector’s health.
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