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Indias services sector sees sharp surge

India's services sector sees sharp surge

India's services PMI rose to 59.0 in February, driven by strong domestic and global demand, boosting output and...

5 March 2025 8:03 PM

India’s Private Investments May Drop Below 11% of GDP

India’s Private Investments May Drop Below 11% of GDP

To achieve the developed nation target by 2047, India needs to grow at a rate of over 8 per cent on a sustained basis...

5 March 2025 7:59 PM

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

Services sector activity up for 2nd straight month in Oct: PMI

The latest services PMI follows the manufacturing one, which showed that factory activity slackened in October.

3 Nov 2017 6:27 AM

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

India's services sector expands at slower pace in September

Nikkei India Services Business Activity Index touched 50.9 in September, down from 51.5 recorded in August.

4 Oct 2018 6:46 AM

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

India's services sector returns to growth in December: PMI

On prices front, GST continued to exert upward pressure on manufacturers' cost burdens in December.

4 Jan 2018 5:53 AM

Indias GDP growth forecast for the current fiscal to 7 per cent from 7.4 per cent.

India's Dec quarter GDP growth likely to be 7 per cent: report

GDP grew by 6.3 per cent in July-September quarter of fiscal, up from 5.7 per cent in first quarter.

26 Feb 2018 7:46 AM

Indian services sector activity returned to its growth track in March, driven by greater inflows of new work.

Services sector back on growth track, job-creation at 7-yr high

Indian services sector activity returned to its growth track in March.

5 April 2018 6:31 AM

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 6:24 AM

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 6:03 AM

The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September. (File Photo)

India's services sector activity moderates in Dec; employment rises

The survey further noted that business sentiment rose to a three-month high in December.

4 Jan 2019 6:15 AM

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

Services sector activity gathers pace in Feb on uptick in new business...

PMI Output Index, that maps both the manufacturing and services industry, rose from 53.6 in January to 53.8.

5 March 2019 5:42 AM

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 6:02 AM