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Tag: India Services Sector growth

India business activity fastest in at least two decades, price rises sharp, PMI shows

Posted on August 22, 2025 By admin
India business activity fastest in at least two decades, price rises sharp, PMI shows

Image used for representative purpose only. | Photo Credit: K.R. Deepak India private sector activity expanded at the fastest pace on record in August, fuelled by a robust surge in demand led by the dominant services sector, which allowed firms to hike prices at the fastest clip in over 12 years, a survey showed on…

Read More “India business activity fastest in at least two decades, price rises sharp, PMI shows” »

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Services PMI signals September boost

Posted on October 5, 2023 By admin
Services PMI signals September boost

Image for representation. | Photo Credit: Reuters India’s services sector activity gained momentum in September, with new orders rising at the second fastest rate since June 2010, as per the S&P Global India Services Purchasing Managers’ Index (PMI), which moved up to 61 from 60.1 in August.  A reading of over 50 on the index indicates an expansion in…

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