July 05, 2021 11:37 pm
A reading below 50 indicates contraction in the segment. The latest reading pointed to the fastest rate of reduction since July 2020. “New work intakes and output contracted at the fastest rates since July 2020, which prompted companies to reduce employment again,” IHS Markit said.
June 03, 2021 12:05 pm
The seasonally adjusted India Services Business Activity Index fell to 46.4 in May, down from 54.0 in April, as the intensification of the COVID-19 crisis caused renewed declines in new business and output.
January 06, 2020 12:25 pm
The IHS Markit India Services Business Activity Index improved from 52.7 in November to 53.3 in December, highlighting the second-strongest rate of increase in output in over a year, after July.
December 04, 2019 11:44 am
The IHS Markit India Services Business Activity Index improved to 52.7 in November from 49.2 in October.
April 03, 2015 1:14 am
The foreign trade policy has laid down the road map to promote services through free trade pacts.
January 28, 2015 2:04 am
The commerce minister met her US counterpart Penny Pritzker and discussed a host of issues related to the totalisation agreement, intellectual property rights.
November 07, 2014 12:54 am
The debate over the decreasing number of working women in the country has increasingly gained traction in the last couple of years.
November 05, 2013 2:37 am
Industry experts say that the government needs to further relax FDI norms to attract investors to the sector.
September 22, 2013 12:01 pm
Foreign direct investment (FDI) inflows into the services sector declined by 36.5 per cent year-on-year to USD 1.02 billion during the April-July period.
July 06, 2013 1:46 am
Sentiment down:Chinas services sector was the weakest since 2005 while manufacturing dipped in India
In pictures: Library named after novelist Haruki Murakami set to open in Tokyo