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Tag: India Services Sector

India’s business activity grew at a three-month high in July, job creation rose at the fastest pace since April 2006, PMI shows

Posted on July 24, 2024 By admin
India’s business activity grew at a three-month high in July, job creation rose at the fastest pace since April 2006, PMI shows

New business activity in the services industry and manufacturing orders remained robust. File | Photo Credit: Reuters India’s business activity accelerated at its fastest pace in three months in July, thanks to strong demand, especially in the services sector, according to a survey that also showed companies hired at the fastest pace in over 18…

Read More “India’s business activity grew at a three-month high in July, job creation rose at the fastest pace since April 2006, 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…

Read More “Services PMI signals September boost” »

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