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SERVICES PMI INDIA
India's services growth hits six-month high on domestic demandIndia's service sector experienced its fastest expansion in six months in May, driven by robust demand and new business wins. Manufacturing...
Gold eases on stronger oil as fresh Mideast hostilities eruptGold prices dipped on Wednesday as escalating Middle East tensions fueled crude oil gains, intensifying inflation and interest rate hike co...
India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
More accurate data soon: Big missing link in India's economy dashboard finally gets set to go liveCome July, India will unveil its inaugural Index of Services Production to correctly assess the pulse of the country's critical services se...
Private sector activity eases in May; HSBC flash PMI slips to 58.1 amid West Asia conflictIndia's private sector activity saw a slight dip in May. New orders, output, and exports grew slower. This slowdown was influenced by the W...
War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
Iran war dampens India private sector growth, services pick up, PMI showsIndia's private sector growth slowed in May. Manufacturing faced a slowdown, impacting new orders and production. Services saw a marginal i...
Rupee seen testing record lows; bonds to extend fall on Iran war jittersThe Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent cru...
India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
India services growth picks up in April on strong domestic demand, PMI showsIndia's services sector saw growth in April, boosted by strong domestic demand. This rise followed a dip in March. However, global orders s...
India’s private sector gains momentum in April on manufacturing strengthIndia's private sector activity gained pace in April. Manufacturing led the growth with increased output and new orders. Businesses expande...
Iran war, oil shock fail to dent India’s private sector growth as April PMI risesIndian businesses saw activity PMI grow in April. Manufacturing and services rebounded strongly. This happened even with rising costs from ...
India services growth slows to 14-month low in March amid rising costs, weak demandIndia's services sector saw its slowest growth in 14 months during March. This slowdown was influenced by the Middle East conflict affectin...
India's FY27 GDP growth forecast downgraded to 6.8-6.9% amid energy supply disruptions: ReportICICI Bank has updated its GDP growth outlook for India, reducing it to a range of 6.8-6.9 percent for the fiscal year 2027. This alteratio...
Private sector growth hits 3.5-year low in MarchIndia's private sector growth slowed to its weakest pace in over three years in March, impacted by the West Asia conflict dampening demand ...
India's services growth scales 11-month peak in July on global ordersIndia's services sector expanded at its fastest pace in 11 months in July, with the HSBC India Services PMI rising to 60.5 from 60.4 in Jun...
India’s services sector in September sees strongest output in 13 years, PMI data showsIndia's services sector had its strongest output in 13 years in September, according to the S&P Global's services PMI. The reading of 61 in...
India's services growth slows in December, PMI at 55.5; inflation pressures persistWednesday's Services Purchasing Managers' Index , compiled by IHS Markit, eased to 55.5 in December from 58.1 in November, the lowest since...
India's services activity remained strong in September, hiring resumedThe IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably a...
Strong domestic demand pushes services PMI to four-month high in NovemberThis will offer some relief to Asia's third-largest economy, which last week reported slower economic growth in the July-September quarter