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Sunday, September 26, 2021

Services sector


‘Services PMI cracks fastest since last July on Covid restrictions’

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.

India's services sector activities slumps into contraction territory in May: PMI

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.

India's service sector activity growth hits 5-month high in December: PMI

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.

Services output expands for first time in three months: PMI

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.

Services boost: Govt plans FTAs, getting access to new regions

April 03, 2015 1:14 am

The foreign trade policy has laid down the road map to promote services through free trade pacts.

Services sector to get a shot in the arm this Budget: Govt

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.

Women in workforce gravitate to services; overall participation dips

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.

FDI in services sector dips 47.5% during April-August

November 05, 2013 2:37 am

Industry experts say that the government needs to further relax FDI norms to attract investors to the sector.

FDI in services sector dips 36.5% during Apr-Jul

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.

Lower Chinese output puts brakes on emerging market expansion

July 06, 2013 1:46 am

Sentiment down:China’s services sector was the weakest since 2005 while manufacturing dipped in India