India’s services sector activities witnessed an upturn in October on the back of stronger gains in new business and increased hiring amid strengthening demand, a monthly survey said on Thursday. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from September’s six-month low of 54.3 to 55.1 in October, pointing to a […]
Continue ReadingIndia’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in June. A reading of 50 on the PMI indicates no change in business activity levels. While […]
Continue ReadingThe seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing […]
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