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.
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
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.
New Delhi [India], March 3 (ANI): Indian service providers expanded business activity at the fastest rate in a year during February due to a quicker increase in new orders, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Wednesday.
New Delhi [India], December 3 (ANI): The Indian services economy remained on the right path to recovery during November with a further upturn in new work supporting business activity growth and the first rise in employment for nine months, according to the latest IHS Markit Services Purchasi
New Delhi [India], Aug 5 (ANI): Indian service providers signalled that their subdued business performance at the end of the first quarter of fiscal year 2019-20 dissipated in July with activity returning to growth and new work intakes rising at the fastest rate in just under three years,