Services activity accelerated in August, but weak new-business growth and intense competition kept the sector’s expansion near its weakest level in more than four years, even as hiring hit a 15-month high.
2 min read3 Sep 2026Declining PMI momentum, coupled with margin risks and potential capex cuts, suggests the economy faces a trickier second half despite strong Q1 growth.
1 min read1 Sep 2026India’s manufacturing activity expanded at its slowest pace in nearly five years as cooling demand and output cuts triggered a mild dip in factory jobs, even as cost pressures eased.
3 min read1 Sep 2026The flash survey, an advance estimate ahead of final readings, offers an early indication of shifts in economic sentiment and output.
3 min read21 Aug 2026India's service economy remained firmly inside expansion territory, but showed a loss of momentum last month.
3 min read5 Aug 2026India's private sector expanded at its slowest pace in over four years in July as services activity weakened sharply, even as manufacturing stayed resilient, exports strengthened and price pressures intensified.
2 min read24 Jul 2026India’s services sector expanded at its slowest pace in 17 months in June as weaker domestic demand and slower new orders weighed on activity, though export orders remained resilient.
2 min read3 Jul 2026It was the second-slowest expansion in four years 2022, better than only March, the first month of West Asia war.
2 min read1 Jul 2026June saw slower growth in new orders, international sales, employment and business activity.
3 min read23 Jun 2026Despite pressures of the West Asia crisis, India's manufacturing and services sectors are performing well, according to PMI data for May. While the future is far from certain, the tenacity of domestic drivers is an encouraging sign.
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