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September data painted an encouraging picture as the sector continued to recover from the disruptions caused by the introduction of GST in July, said Aashna Dodhia, Economist at IHS Markit, and author of the report.

India Inc's output expands in September

A reading above 50 denotes expansion and one below this mark means contraction.

4 Oct 2017 3:12 AM IST

The Nikkei India Manufacturing Purchasing Managers Index (PMI) fell to 50.3 in October, from 51.2 in September, indicating a broad stagnation in the manufacturing sector.

India's Factory output stagnates in October

Subdued demand caused by GST is blamed for output stagnation.

2 Nov 2017 5:06 AM IST

Manufacturing has been a key contributor to countrys GDP.

Manufacturing in India bounces back in August as GST effect fades:...

The Purchasing Managers' Index had dropped to a low of 47.9 in July after the GST rollout.

1 Sept 2017 11:35 AM IST

October manufacturing PMI data comes in sharp contrast to the robust show by India on World Banks Ease of Doing Business ranking.

Factory activity grows at fastest pace in 5 years

In response to greater inflows of new business, job creation accelerated to the strongest level since August 2012.

3 Jan 2018 1:00 AM IST

Tech majors Tata Consultancy Services and Infosys Technologies will jointly open the fourth and final quarter of the financial year 2018-19 on April 12.

India's services sector activity contracts in Sep on weak demand: PMI

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

4 Oct 2019 11:54 AM IST

Manufacturing sector contracted by 0.4 per cent in November as against a growth of 10.4 per cent a year ago. (Representational image)

India Sepember manufacturing PMI unchanged from August on weaker...

This is the 26th consecutive month that the manufacturing PMI has remained above the 50-point mark.

1 Oct 2019 11:33 AM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

5 Nov 2019 12:58 PM IST

Although the Nikkei/IHS Markit Services Purchasing Managers Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

Services output expands for first time in 3 months: PMI

The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.

4 Dec 2019 11:33 AM IST

The 30-share Sensex resumed higher at 27,552.27 and hovered between 27,743.46 and 25,902.45 before concluding the week at 26,818.82, a loss of 455.33 points, or 1.67 per cent.

Oil, rupee, Q4 earnings to drive markets in holiday-shortened week...

Investors will continue to track the ongoing quarterly results season and general elections.

28 April 2019 11:57 AM IST

For every 10 per cent increase in output produced, the other services sector employment grew by 4.7 per cent, while the manufacturing sector employment grew by just 3.3 per cent.

India's services sector output growth at six-month low in March:...

Nikkei India Services Business Activity Index fell to 52 in March from 52.5 in Feb, indicating slowest growth since last...

4 April 2019 11:32 AM IST

After touching an all-time low of 72.11 a dollar, the rupee finally closed the day at 71.99 a dollar, down 0.32 per cent from its Wednesdays close of 71.76.

Re rises 49p on yuan appreciation, oil fall

The greenback eased against its major counterparts tracking lower US yields and poor Purchasing Managers Index data from...

25 May 2019 1:41 AM IST

The decision came after a meeting of representatives of Indian Revenue Service (Customs and Central Excise), All India Association of Central Excise Gazetted Executive Officers, All India Central Excise Inspectors Association and All India

April service sector growth at 7-month low, dented by Lok Sabha...

Purchasing Managers' Index slipped to 51.0 in April, the lowest since September, down from 52.0 the previous month.

6 May 2019 11:29 AM IST