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Wednesday, October 28, 2020

India service sector

INDIA SERVICE SECTOR NEWS

Services sector activity better in August, PMI data shows

September 03, 2020 12:34 pm

The seasonally adjusted India Services Business Activity Index rose sharply from 34.2 in July to 41.8 in August, the highest since March, before the escalation of the pandemic.

India's services activity contracted for fifth straight month in July - PMI

August 05, 2020 11:02 am

The Nikkei/IHS Services Purchasing Managers' Index increased to 34.2 in July from 33.7 in June, however, it was still well below the 50-mark separating growth from contraction.

India's services sector activity contracts for fourth successive month in June: PMI

July 03, 2020 11:48 am

The IHS Markit India Services Business Activity Index was at 33.7 in June, up from 12.6 recorded in May. Despite the rise, the Indian services sector activity contracted for a fourth successive month in June.

Services activity contracts sharply in May due to COVID-19, firms cut jobs: PMI

June 03, 2020 11:51 am

The IHS Markit India Services Business Activity Index stood at 12.6 in May.

India's March services activity contracts amid coronavirus disruptions

April 06, 2020 10:57 am

The Nikkei/IHS Markit Services Purchasing Managers' Index fell sharply to a five-month low of 49.3 in March from February's seven-year high of 57.5, below the 50-mark separating growth from contraction for the first time since October.

India's services sector growth at over seven-year high on strong export demand

March 04, 2020 11:41 am

The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 57.5 in February from January's 55.5. It was the highest reading since January 2013 and comfortably above the 50-mark separating growth from contraction for a fourth month.

India's service sector activity growth hits 7-year high in January: PMI

February 05, 2020 12:14 pm

The IHS Markit India Services Business Activity Index rose from 53.3 in December to 55.5 in January, signalling the strongest upturn in output in seven years.

India's services sector activity growth slips to 12-month low in May amid election disruptions: PMI

June 05, 2019 2:27 pm

The survey noted that there were signs that the slowdown may prove temporary as companies stepped up hiring and became more confident about future prospects.

India services sector PMI plunges from 51.6 to 50 during October, says HSBC

November 05, 2014 12:33 pm

HSBC India Services Business Activity Index fell from 51.6 to exactly 50.0 in Oct amid fall in new business orders.

India service sector activity slows to 50.6 in August

September 03, 2014 11:50 am

After a post-election uptick, service sector activity moderated in August, down from 52.2 in July.