services sector

Firms raised service charges last month at a solid pace that has only been witnessed once in the last six years. Representational image only. | Photo Credit: Reuters India’s services sector output grew at the second fastest pace in 13…

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Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI  India’s services…

India’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in…

The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. The seasonally adjusted S&P Global…

Rising from 58.9 in May to 59.2 in June, the seasonally adjusted S&P Global India…

For the sixth straight month, the services sector witnessed an expansion in output. India’s services sector activity moderated further in January as new business rose at a noticeably slower rate amid the escalation of the pandemic,…

For the fifth straight month, the services sector witnessed an expansion in output. In Purchasing Managers’ Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction India’s services sector…

Business activity in India’s services and manufacturing sectors fizzled out in December. Latest data published by market researcher IHS Markit showed that the Composite PMI Output Index slipped to 56.4 in December from 59.2 in…

The seasonally adjusted India Services Business Activity Index was at 58.1 in November, fractionally down from 58.4 in October. India’s services sector activity expanded at the second-fastest pace in more than a decade during November,…