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India's services sector growth eases in Sept as HSBC PMI slips to 60.9 fro
Updated : 8 months 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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India's Services PMI surges to 62.9 in August registering fastest growth s
Updated : 8 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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Air India to suspend services to Washington, DC from September 1
Updated : 10 months ago IST
The suspension is primarily driven by the planned shortfall in Air India's fleet, as the airline commenced retrofitting 26 of its Boeing 787-8 aircraft last month. This extensive retrofit programme, aimed at significantly enhancing customer experience, necessitates a prolonged unavailabil
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India's service PMI up marginally to 60.5 in July, but job creation slows
Updated : 10 months 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 exports rise 12% in June 2025, imports 5%: RBI
Updated : 10 months ago IST
India's international trade in services showed notable momentum in June 2025, with both exports and imports registering year-on-year growth, according to data released by the Reserve Bank of India (RBI).
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India's services and private sector grow strongly in June as price pressur
Updated : 11 months, 1 week 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 : 1 year 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, 3 months 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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2025 begins with India's private sector growth slowing and services losing
Updated : 1 year, 4 months 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 HSBC service index registers strongest expansion in 4 months, inde
Updated : 1 year, 5 months ago IST
India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.
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India's services sector growth lowest since November 2023, show PMI data
Updated : 1 year, 8 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, 9 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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