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India's service economy broadly stable heading towards end of current fisc
Updated : 1 week, 3 days ago IST
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.
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India Services PMI hits two-month high at 58.5 in January, composite index
Updated : 1 month, 1 week ago IST
India's services sector activity strengthened in January, with the Services Purchasing Managers' Index (PMI) rising to a two-month high of 58.5, while the Composite PMI, which combines manufacturing and services, increased to 58.4, according to data released by HSBC.
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India's services sector growth hits 11-month low in December: PMI
Updated : 2 months, 1 week ago IST
Rates of expansion in incoming new work and output eased to the slowest in 11 months, with companies refraining from recruiting additional staff, HSBC India Services PMI for December 2025, released on Tuesday, has indicated.
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India's Services PMI surges to 62.9 in August registering fastest growth s
Updated : 5 months, 1 week ago IST
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.
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India's service PMI up marginally to 60.5 in July, but job creation slows
Updated : 7 months, 1 week ago IST
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.
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India's services and private sector grow strongly in June as price pressur
Updated : 8 months, 2 weeks ago IST
India's services sector and broader private sector posted strong growth in June, driven by rising domestic and international demand, job creation, and easing price pressures, according to the HSBC India Services PMI report.
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India's services PMI growth continued in May; employment hits record high:
Updated : 9 months, 1 week ago IST
India's services sector continued to expand but at a slower phase in May 2025, with the Services PMI rising marginally to 58.8 from April's 58.7, according to the HSBC India Services PMI report released on Wednesday.
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India's services sector grows faster in February amid rising demand
Updated : 1 year ago IST
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
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India's services sector growth lowest since November 2023, show PMI data
Updated : 1 year, 5 months ago IST
Services sector growth in India, in terms of new business, international sales and output, rose at the slowest rates since November 2023, HSBC India Services PMI showed on Friday.
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Experts upbeat on stock market despite FPI Selling
Updated : 1 year, 6 months ago IST
The Indian stock market on Monday will be driven by favourable global cues and domestic economic data such as the HSBC India Manufacturing PMI and HSBC India Services PMI, as per the market analysts.
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India's services sector experiences robust business growth in July: PMI
Updated : 1 year, 7 months ago IST
The services sector in India experienced a further upturn in terms of business activity during July, according to HSBC India Services PMI data released on Monday.
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Expansion in new businesses and exports fuel India's service sector growth
Updated : 1 year, 8 months ago IST
India reported sustained growth in services sector output in June, with the rate of expansion quickening from May's five-month low amid a stronger rise in new orders, according to HSBC India Services PMI survey released on Wednesday.
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