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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 sector growth moderates in October, price pressures ease:
Updated : 4 months, 1 week ago IST
India's services sector continued to expand in October, though the pace of growth eased to a five-month low, according to the HSBC India Services Purchasing Managers' Index (PMI) released on Thursday.
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Services employment share rises to 29.7%, adds 40 million jobs in six year
Updated : 4 months, 2 weeks ago IST
India's services sector has emerged as a key driver of job creation, with its employment share rising from 26.9 per cent in 2011-12 to 29.7 per cent in 2023-24, according to a new report released by NITI Aayog.
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India's services sector growth eases in Sept as HSBC PMI slips to 60.9 fro
Updated : 5 months, 1 week ago IST
Growth in India's services sector eased in September as the HSBC India Services Purchasing Managers' Index (PMI) fell to 60.9 from 62.9 in August, according to data released by HSBC on Monday.
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2025 begins with India's private sector growth slowing and services losing
Updated : 1 year, 1 month ago IST
The latest HSBC PMI data, compiled by S&P Global, showed that a stronger expansion in the manufacturing industry in India was more than offset by a loss of growth momentum in the service economy.
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India's service sector made strong start to first quarter of 2024-25: HSBC
Updated : 1 year, 10 months ago IST
India's service sector made a strong start to the first quarter of financial year 2024-25, according to HSBC PMI data compiled by S&P Global.
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India's service sector PMI improves in August
Updated : 3 years, 6 months ago IST
New Delhi [India], September 5 (ANI): Services sector activity in India improved in August as the S&P Global India Services Purchasing Managers' Index (PMI) showed growth in comparison to the previous month. The index rose from a four-month low.
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