E-PaperIndia Services Pmi News
Services spring to life in October
India’s PMI for manufacturing recorded the strongest growth in 13 years in October at 58.9Movement of high-frequency indicators in October point towards a broad-based resurgence of economic activity, notably in healthy kharif or winter crop output
2 min read4 Nov 2020PMI: Indian services providers more upbeat on business outlook than manufacturers
Nikkei's India Services Purchasing Managers' Index (PMI) slipped to 53.2 in December from 53.7 in the previous month
1 min read7 Jan 2019October services activity jumps, boosted by stronger orders
The Nikkei/IHS Markit Services PMI rose to 52.2 last month from a four-month low of 50.9 in September, holding above the 50-mark that separates growth from contraction for five straight months
1 min read5 Nov 2018India’s June services PMI expands at fastest pace in a year
India's service industry rebounds 52.6 in June, its highest since June 2017, on the back of a surge in new business orders
1 min read4 Jul 2018India services PMI declines in May on weak demand
India's services PMI falls for the first time in three months to 49.6 in May from April's 51.4 as new orders stagnate
2 min read5 Jun 2018India services growth picks up pace in April as demand improves: PMI
The Nikkei/IHS Markit Services PMI rises to a three-month high at 51.4 in April thanks to a pick up in new business that encouraged firms to hire at the fastest pace in seven years
1 min read4 May 2018Services PMI rises in March as demand picks up
The Nikkei IHS Markit Services PMI rises to 50.3 in March as new business picks up on improved demand, encouraging firms to hire at the fastest pace in nearly seven years
1 min read5 Apr 2018Services sector growth improves in December: PMI
The seasonally adjusted Business Activity Index improved to 50.9 in December from 48.5 in November, signalling renewed increase in business activity
1 min read9 Jan 2018India services PMI rises in October on higher demand
The Nikkei/IHS Markit Services Purchasing Managers' Index rose to 51.7 last month its highest since June from 50.7 in September
1 min read3 Nov 2017Services activity returns to growth in September on stronger demand
The Nikkei/IHS Markit services PMI rises to 50.7 in September from 47.5 in August, while composite PMI returns above break-even last month to 51.1 from 49 in August
1 min read5 Oct 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared