Service activity expands for the second straight month; employment up for first time in 9 monthsAsia's third-largest economy, which fell into recession last quarter for the first time since at least 2012, is expected to recover only mo...
03 Dec, 2020, 12.16 PM IST
UK heading for double-dip recession this winter: PMIThe restrictions are less wide-ranging than in March and April, but some economists have predicted output in November will fall by as much ...
04 Nov, 2020, 03.16 PM IST
India's services activity shrinks for sixth straight month, but pace of decline slowsThursday's survey adds to the gloom in the service sector, an engine of economic growth and jobs, suggesting a long and painful road to rec...
03 Sep, 2020, 11.52 PM IST
Services activity contraction weakens in July but downturn not slowing: IHS MarkitThe IHS Markit Services Business Activity Index was 34.2 in July as against 33.7 in June. A reading above 50 indicates expansion and below ...
05 Aug, 2020, 12.17 PM IST
Indian business outlook is the worst in the world, IHS saysMany respondents indicated that the outlook was unusually uncertain and were unsure of how activity would develop over the coming 12 months...
13 Jul, 2020, 04.48 PM IST
Services improve in June, but still in contractionAlthough the pace of decline moderated from May - the Nikkei/IHS Markit Services Purchasing Managers' Index jumped to 33.7 in June from May...
04 Jul, 2020, 07.18 AM IST
UK economy set to shrink 7% or more, April PMIs dive: IHS MarkitIHS Markit said its monthly Purchasing Managers' Index (PMI) for the services sector fell to its lowest since the survey started in 1996, d...
05 May, 2020, 02.33 PM IST
Eurozone economy suffers 'unprecedented' collapse: SurveyThe company's purchasing managers index (PMI) dived to a record low of 13.5 in April, from the previous all-time low of 29.7 in March, conf...
23 Apr, 2020, 02.54 PM IST
Coronavirus brings UK economy to its knees in April-PMIThe IHS Markit/CIPS Flash UK Composite Purchasing Managers' Index (PMI) fell to a new record low of 12.9 from 36.0 in March - not even clos...
23 Apr, 2020, 02.17 PM IST
Solid demand lifts India services activity to 7 year high in JanuaryThe Nikkei/IHS Markit Services Purchasing Managers' Index rose to 55.5 in January from December's 53.3. It was the highest reading since Ja...
05 Feb, 2020, 12.27 PM IST
BSE, IHS Markit sign pact to develop new bond valuation serviceThe valuation service will be offered to onshore and offshore clients.
17 Dec, 2019, 05.42 PM IST
Private sector activity rebounds in November, services output expands after 3 months"The main positive to be taken from November's survey was a renewed increase in new work, which provided the platform for growth of service...
04 Dec, 2019, 11.15 AM IST
Services activity slows again in October, PMI at 49.2Although the IHS Markit Services Purchasing Managers' Index rose to 49.2 last month from 48.7 in September, it remained below the 50-mark t...
05 Nov, 2019, 11.38 PM IST
Service activity slows in August, PMI declines to 52.4 on weak jobs creationThe fall in services growth, alongside manufacturing growth at a 15-month low, pushed a composite index down to 52.6 in August from 53.9.
05 Sep, 2019, 06.52 AM IST
Service sector growth contracts for first time in a year in June, PMI at 49.6The Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 49.6 last month from 50.2 in May, going below the 50-mark reading that se...
03 Jul, 2019, 11.30 AM IST
Services rebound after four months, PMI rises to 50.3 in FebruaryThe Nikkei/IHS Markit Services Purchasing Managers' Index rose to 50.3 in February from 48.7 in January, marginally above the 50-mark that ...
04 Mar, 2017, 12.51 AM IST
Cash crunch stifles service sector again in DecemberDownturn in services was broadbased, with hotels and restaurants being the worst performers. The survey blamed note ban for deterioration i...
05 Jan, 2017, 12.29 AM IST