Wed, Nov 06, 2024
October PMI data highlights strong demand and job growth, though rising costs could pressure RBI to keep interest rates high
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Mon, Feb 05, 2024
The HSBC final India Services Purchasing Managers' Index, compiled by S&P Global, jumped to 61.8 last month from December's 59.0.
Fri, May 26, 2023
Icra estimates the services gross value added (GVA) year-on-year growth to have risen mildly to about 6.4 per cent in Q4 FY23 from 6.2 per cent in Q3 FY23.
Wed, Dec 21, 2022
TeamLease conducted a survey on new jobs in the service sector. Recruitment will open in January-March quarter. Where are the jobs opportunities? Know from Varun Dubey.
Fri, Aug 26, 2022
The company said it facilitated disbursals to over 1.2 lakh merchants in Q1 FY23, up from 66,000 merchants in the last quarter of FY22.
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.
Wed, Apr 06, 2022
The S&P Global India Services Purchasing Managers` Index rose to 53.6 in March from 51.8 in February, beating the 52.5 estimate in a Reuters poll.
Fri, Dec 28, 2018
This segment of Zee Business brings to you latest updates. Service sector gets GST relief through composition scheme. Watch this video to know more.
Thu, Oct 04, 2018
The country's services sector expanded at a slower pace in September as higher fuel costs and stronger US dollar made imported goods expensive, says a survey.
Mon, Feb 05, 2018
China`s services sector got off to a flying start this year, expanding at its fastest pace in almost six years, as new orders surged and companies rushed to hire more staff, a private survey showed on Monday.
Mon, Jan 29, 2018
While the growth of Service Sector as a whole is expected to be at 8.3 per cent in 2017-18, the growth in Services exports was 16.2 per cent in H1 of 2017-18.
Mon, Jun 05, 2017
Indian services PMI tracked by Japanese stock exchange Nikkei rose to 52.2 in May. The Nikkei India Services PM is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 400 private service sector companies.
Thu, May 04, 2017
The seasonally adjusted Nikkei India Composite PMI Output Index was down from 52.3 to 51.3 in April, and therefore signalled only a slight rate of expansion.
Fri, Mar 03, 2017
As per the Nikkei release, other survey indicators painted a mixed picture of the service sector’s health.
Thu, Mar 02, 2017
What is hard to believe in the given GDP numbers was the performance of cash-dominated sectors where analysts expected a significant slowdown post demonetisation, but has seen uptick compared to Q2FY17.
Wed, Jan 04, 2017
Nikkei India Services Purchasing Managers' Index, or PMI, remained weak at 46.8 in the month of December. It was a marginal change from November's 46.7 after demonetisation hit services sector in the country.
Mon, Dec 05, 2016
Indian services activity dived into contraction in November after Prime Minister Narendra Modi`s surprise move to withdraw high denomination banknotes led to a sharp decline in demand, a survey showed on Monday.
Thu, Oct 27, 2016
RBI said, "Expenditure, at the aggregate level, continued to contract, though at a lower rate as compared with the previous quarter. This resulted in a slowdown in operating profit at the aggregate level."
Fri, Sep 23, 2016
According to Moody`s, Malaysia, Taiwan and Korea would be the most vulnerable to efforts to repatriate high value-added manufacturing jobs.
Thu, Sep 15, 2016
After dropping to a low of 28,311.11 points, down 104 points, BSE Sensex inched up to close at 28,412.89 points. The larger 51-scrip NSE Nifty also closed up 0.18% at 8,742.55 points.
Tue, Sep 06, 2016
The domestic markets on Tuesday continued to remain at day's high with banking shares in the lead.
Mon, Sep 05, 2016
Stronger business activity growth and incoming new work led to modest recovery in optimism at service providers.
Tue, Jul 05, 2016
The central bank is expected to cut rates one more time before Governor Raghuram Rajan`s term ends in September.
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