Latest News on Services Pmi
Showing of 0 - 10 from 17 results
Services Pmi - Total results - 17
Feb 05, 2019
India's service sector activity slips for second straight month; companies continue to hire staff: PMI surveyThe country's services sector activity fell for the second straight month in January, as new orders rose at the slowest rate in four months; despite which companies continued to hire staff, a monthly survey said
Dec 05, 2018
Services sector activity in November sees quickest growth since July on favourable market conditions: PMIThe services PMI was in the expansion territory for the sixth straight month.
Nov 05, 2018
Services sector activity in October sees quickest growth since July on significant increase in new business orders: PMIThe services PMI was in the expansion territory for the fifth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Sep 05, 2018
India's August services sector activity falls from 21-month peak on new business orders decline: PMIThe seasonally adjusted Nikkei India Services Business Activity Index, fell from July's peak of 54.2 to 51.5 in August owing to weakest growth in new work in three months.
Apr 05, 2018
Services sector activity back on growth track in March as demand picks up, job-creation at 7-year high: PMIThe seasonally adjusted Nikkei India Services Business Activity Index improved from 47.8 in February to 50.3 in March, indicating that business activity stabilised during the month
Feb 28, 2018
GDP data key highlights: India's economy grows at 7.2% in third quarter; a booster shot for Narendra Modi govtA strong GDP reading could lift domestic shares, and boost the rupee, which has been Asia’s second weakest currency this year, losing about 1.6 percent against the dollar.
Jan 04, 2018
India's services PMI returns to growth in December at 50.9 from 48.5 in NovemberThe Indian services sector returned to marginal growth in December as new orders broadly stabilised, says a monthly survey.
Dec 05, 2017
Service sector slips to contraction territory during November: PMI surveyPosting below the no-change mark of 50.0 in November, the seasonally adjusted Business Activity Index signalled a contraction of the service sector for the first time in three months
Nov 03, 2017
Services activity grows for second straight month in October: PMI surveyThe Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September, indicating modest growth in the sector, as the reading remained below the long- run series average of 54.7
Aug 03, 2017
Services PMI contracts to 4-year low in July, post GST implementationThe downturn in services follows a similar weakness in the manufacturing sector