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India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
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India's Service Sector Growth Second-Highest In 13 Years
India's services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions and new client wins, a monthly survey said on Monday.
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India's Services Sector Growth Dips Slightly In January
For the 18th straight month, S&P Global India Services PMI Business Activity Index was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion.
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Services Sector Growth Touches 6-Month High In December
"December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
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India's Services Sector Optimism In October Highest Since Early 2015
Activity in India's dominant services industry gathered pace in October despite high inflationary pressures, a private survey showed.
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Services Firms' Activity Slips To 4-Month Low In July As Inflation Remains High
Growth in India's dominant services industry slowed sharply in July, squeezed by high inflationary pressures and weaker demand, leading to a further fall in business expectations, a private survey showed.
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Services Firms' Activity Growth Fastest In Over 11 Years
India's dominant services industry expanded at the fastest pace in over eleven years in June amid strong demand.
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October Services Growth Strongest In Over A Decade, Input Costs Surge
The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.
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August Service Activity Grows At Fastest Pace Since Pandemic Began
The IHS Markit Services Purchasing Managers' Index rose to 56.7 in August - its strongest pace since the pandemic hit the country in March 2020
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Services Activity Shrank Again In July, Outlook Turned Pessimistic
Although the Services Purchasing Managers' Index, compiled by IHS Markit, rose to 45.4 in July from 41.2 in June it stayed firmly below the 50-level.
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Manufacturing Activity Rose To 3-Months High, Says PMI Data
Manufacturing activity saw sharp growth in July 2021 which grew at its fastest pace in three months, thus reversing the contraction seen in June 2021
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Economy Showing Signs Of Revival Due To Targeted Fiscal Relief: Government
However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.
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June Services Activity Shrinks At Fastest Rate In 11-Months
Activity in the country's services sector contracted sharply in June as tighter restrictions to contain a resurgence of Covid cases hammered demand.
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Urgent Direct Income Support Measures Needed To Boost Demand: Ficci
Ficci: There is an urgent need for boosting demand through direct income support measures.
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Pandemic Slows India's Services Activity In March 2021: Report
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.6 in March from 55.3inFebruary but held above the 50-mark separating growth from contraction."
-
India Sees Record Rise In Exports, Employment At 18-Year High In May: Report
The Indian economy clocked a record rise in exports and the sharpest upturn in employment in nearly 18 years in May, according to HSBC Flash Purchasing Manager's Index (PMI) data released on Thursday.
-
India's Service Sector Growth Second-Highest In 13 Years
India's services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions and new client wins, a monthly survey said on Monday.
-
India's Services Sector Growth Dips Slightly In January
For the 18th straight month, S&P Global India Services PMI Business Activity Index was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion.
-
Services Sector Growth Touches 6-Month High In December
"December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
-
India's Services Sector Optimism In October Highest Since Early 2015
Activity in India's dominant services industry gathered pace in October despite high inflationary pressures, a private survey showed.
-
Services Firms' Activity Slips To 4-Month Low In July As Inflation Remains High
Growth in India's dominant services industry slowed sharply in July, squeezed by high inflationary pressures and weaker demand, leading to a further fall in business expectations, a private survey showed.
-
Services Firms' Activity Growth Fastest In Over 11 Years
India's dominant services industry expanded at the fastest pace in over eleven years in June amid strong demand.
-
October Services Growth Strongest In Over A Decade, Input Costs Surge
The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.
-
August Service Activity Grows At Fastest Pace Since Pandemic Began
The IHS Markit Services Purchasing Managers' Index rose to 56.7 in August - its strongest pace since the pandemic hit the country in March 2020
-
Services Activity Shrank Again In July, Outlook Turned Pessimistic
Although the Services Purchasing Managers' Index, compiled by IHS Markit, rose to 45.4 in July from 41.2 in June it stayed firmly below the 50-level.
-
Manufacturing Activity Rose To 3-Months High, Says PMI Data
Manufacturing activity saw sharp growth in July 2021 which grew at its fastest pace in three months, thus reversing the contraction seen in June 2021
-
Economy Showing Signs Of Revival Due To Targeted Fiscal Relief: Government
However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.
-
June Services Activity Shrinks At Fastest Rate In 11-Months
Activity in the country's services sector contracted sharply in June as tighter restrictions to contain a resurgence of Covid cases hammered demand.
-
Urgent Direct Income Support Measures Needed To Boost Demand: Ficci
Ficci: There is an urgent need for boosting demand through direct income support measures.
-
Pandemic Slows India's Services Activity In March 2021: Report
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.6 in March from 55.3inFebruary but held above the 50-mark separating growth from contraction."
