Nikkei India News

Markets

PMI: Is this a blip in India’s services sector or a cooling off?

The seasonally adjusted Nikkei India Services Business Activity Index, published by IHS Markit, fell to a one-year low of 50.2 in May, from 51 in AprilNew business inflows at service providers increased at the slowest pace in eight months

1 min read6 Jun 2019
News

India's services sector activity gathers pace on uptick in new business orders

Nikkei India Services Business Activity Index rose from 52.2 in January to 52.5 in February, indicating an upturn in outputThe services PMI was in the expansion territory for the ninth straight month

1 min read5 Mar 2019
Industry

Solid demand boosts India's factory growth to 14-month high in February: PMI

The Nikkei Manufacturing Purchasing Managers' Index increased to 54.3 in February from January's 53.9The index has now been above the 50-mark threshold separating growth from contraction for 19 months

1 min read1 Mar 2019
Industry

Boom in India’s services sector to aid GDP growth, says Garg

The Nikkei India Composite PMI Output Index rose to 54.5 in November, pointing to the fastest expansion in private sector activity since October 2016

1 min read5 Dec 2018
Market

Economy rebounds, but recovery in services tepid

The New Business sub-index of the Services sector PMI was at 50, which means it neither expanded nor contracted, even though it had contracted in November

1 min read9 Jan 2018
Market

Services 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 2018
Market

The Manufacturing PMI without rose-tinted glasses

The Nikkei India Manufacturing Purchasing Managers' Index (PMI) for November came in at 52.6, the highest reading since October 2016

2 min read4 Dec 2017
Market

A long road ahead for the return of business confidence

Sentiment should improve as GST disruption eases, but there's still time before business confidence returns to the high levels last seen in 2012

1 min read6 Nov 2017
Politics

Services sector contracts for 2nd month in August on GST woes

Services sector in India suffered the second consecutive month of contraction in August as business activity and new work orders got affected by goods and services tax (GST)

1 min read5 Sep 2017
Market

PMI: GST makes services sector activity plunge, but raises prices

Interestingly, the introduction of GST had different impacts on prices in the manufacturing and services sectors

1 min read4 Aug 2017
Load More

Popular 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

25 Articles