Nikkeiihs Markit-services-purchasing-managers-index

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India's October services activity contracts for second straight month on muted demand: PMI survey
Business

India's October services activity contracts for second straight month on muted demand: PMI survey

Activity in India’s dominant services industry contracted for a second consecutive month in October due to muted demand, a private business survey showed on Tuesday, driving business optimism to a near-three year low

Services activity contracts in June for first time in a year on slowing new business growth: Survey
Business

Services activity contracts in June for first time in a year on slowing new business growth: Survey

India’s dominant services activity contracted for the first time in more than a year in June, dragged down by slowing new business growth which in turn curtailed hiring, a private survey showed on Wednesday

October services activity jumps, driven by strong pick-up in new business, reveals survey
Business

October services activity jumps, driven by strong pick-up in new business, reveals survey

Activity in dominant services sector increased at its fastest pace in three months in October, driven by a strong pick-up in new business, a private survey

PMI: India's services growth picks up pace in April as demand improves; job growth fastest in 7 years
Business

PMI: India's services growth picks up pace in April as demand improves; job growth fastest in 7 years

The service sector plays a crucial role in India’s economy as it contributes about 60 percent to the country’s gross domestic product.