India's private sector continued its strong growth momentum in March, though at a slightly slower pace compared to February, according to the latest HSBC Flash India PMI data.
New Delhi [India], March 20: Project Management Institute (PMI), the world's leading authority in project management, and Kyndryl, the world's largest IT infrastructure services provider, have renewed their strategic partnership to enhance project management capabilities, thereby fostering i
The Prime Minister's Internship Scheme (PMIS Scheme), announced in the Budget 2024- 25, aims to provide one crore youth with internship opportunities in the top 500 companies in five years.
Pune (Maharashtra) [India], March 8: PMI Pune-Deccan India Chapter successfully organized DISHA 2025, which took place on 15 February 2025. The conference focused on the evolving landscape of project management. The conference brought together industry leaders, working professionals, and ent
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
India's manufacturing sector continued to expand in February, although at a slower pace compared to January, according to the HSBC India Manufacturing Purchasing Managers' Index (PMI) released by S&P Global.
In absence of major domestic events next week starting from Monday, the investors in the Indian stock markets will watch trends of foreign sellings, developments around the US tariffs, geopolitical risks, and upcoming Purchasing Managers' Index (PMI) releases.
The seasonally adjusted HSBC Flash India Composite Output Index rose to 60.6, up from 57.7 in January, marking its strongest pace of growth since August 2024 and remaining well above its long-term average.
Despite the slowdown, the HSBC Services PMI data suggests that India's services sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.
"India's final manufacturing PMI marked a six-month high in January. Domestic and export demand were both strong, supporting new orders growth. The employment PMI suggested robust job creation in the manufacturing industry, as the index increased to its highest level since the series was cre
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.
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.