Output growth across India's service economy was broadly stable heading towards the end of the current fiscal year, despite new orders rising at the slowest pace since January 2025, according to the HSBC India Services PMI report.
The pace of business growth in India slowed slightly in December, but overall activity in the private sector remained strong, according to the latest HSBC PMI data released on Tuesday.
The HSBC Flash India Composite Output Index, which tracks the combined performance of the country's manufacturing and services sectors, slipped to 59.9 in November from 60.4 in October, hitting a six-month low, according to data released by S&P Global.
India's private sector growth eased in October as activity expanded at the slowest pace in five months, led by a slowdown in the services economy, according to the HSBC Flash India PMI press release.
The PHD Chamber of Commerce and Industry (PHDCCI) released findings from Round 2 of the SME Market Sentiment Index (SMESI) on Friday, showing continued expansion in India's SME manufacturing sector, though demand and employment indicators remain under pressure.
India's services sector registered its fastest pace of growth in more than 14 years as the HSBC India Services PMI® Business Activity Index jumped to 62.9 in August from 60.5 in July, according to the HSBC PMI survey report.
India's private sector economy expanded at the fastest pace since records began in December 2005, according to the HSBC Flash India PMI by S&P Global. The rise in August was powered by a surge in sales volumes and new orders, marking the quickest pace of business activity growth ever rec
The Investment Authority in Israel's Ministry of Economy and Industry is publishing a dedicated capital investment track to preserve and strengthen business activity in localities and industrial zones near the Lebanese border.
India's export data for July 2025 is due later in the day. The figures are expected to show no major deviations, with business activity remaining steady through the month.
India's services sector continued to expand in July, although employment growth slowed to its weakest pace in 15 months, according to the HSBC India Services PMI released on Tuesday.
The HSBC Flash India Composite Output Index, which tracks month-on-month changes in combined output from manufacturing and services, rose to 61.0 in June from 59.3 in May - the highest in 14 months and well above the long-term average.
India's services sector expanded at a stronger pace in February, driven by rising domestic and international demand, leading to increased new orders, higher employment, and robust business activity. However, while cost pressures persisted, inflation rates eased to a four-month low, accord