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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Wed, Jan 04, 2023
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 56.4 in November to 58.5 in December, highlighting the strongest rate of expansion since mid-2022.
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.
Fri, Aug 03, 2018
India's services sector activity remained in the growth territory for the second consecutive month in July, as business activity witnessed the strongest growth since October 2016 amid improved demand conditions, says a monthly survey.
Fri, Jun 03, 2016
Growth in India's services industry slowed sharply in May to a six-month low, due to a deceleration in new orders, a business survey showed on Friday. The Nikkei/Market Services Purchasing Managers' Index slumped to 51.0 in May from April's 53.7. A reading above 50 indicates expansion.
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