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Tag: PMI index

India’s services sector growth sees slowest pace of growth in over two years in January: PMI

Posted on February 5, 2025 By admin
India’s services sector growth sees slowest pace of growth in over two years in January: PMI

India’s services sector lost growth momentum in January 2025, although the PMI remained well above the 50-break-even level. File photo | Photo Credit: The Hindu India’s services sector activity expanded at the slowest pace in over two years in January amid softer increases in sales and output, a monthly survey said on Wednesday (February 5,…

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India’s services sector growth hits 13-and-a-half-year high in March on robust demand conditions: PMI

Posted on April 4, 2024 By admin
India’s services sector growth hits 13-and-a-half-year high in March on robust demand conditions: PMI

 India’s dominant services industry grew faster in March 2024 amid strong demand, according to a private business survey that also showed employment increased at the fastest rate in seven months and export business expanded at a record pace. | Photo Credit: The Hindu India’s services sector witnessed one of the strongest growth rates in over…

Read More “India’s services sector growth hits 13-and-a-half-year high in March on robust demand conditions: PMI” »

Business

India’s services sector growth eases in February on softer expansions in business activity, sales

Posted on March 5, 2024 By admin
India’s services sector growth eases in February on softer expansions in business activity, sales

New business from abroad placed with services firms in India rose for the thirteenth successive month. Filephoto | Photo Credit: The Hindu The services sector growth in India moderated in February amid softer expansions in business activity, sales and jobs, a monthly survey said on Tuesday, March 5, 2024. The seasonally adjusted HSBC India Services…

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