Search For "pmi"
India's manufacturing sector showed robust job creation, December PMI at 5
Updated : 1 year, 2 months ago IST
The figure, down slightly from November's 56.5 and below the 'flash' estimate of 57.4, still signaled robust growth as it remained above the long-term average of 54.1. However, the data highlighted signs of moderation in key areas, including production, new orders, and inventories.
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Indian economy makes strong end to 2024; Composite PMI for December stands
Updated : 1 year, 2 months ago IST
India's private sector witnessed robust growth in December, marking its highest performance in four months. Both the manufacturing and services sectors showed accelerated growth, supported by increased new business inflows and heightened job creation.
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Market ahead: Investors to focus on US Fed decision, FII inflows, global c
Updated : 1 year, 2 months ago IST
The participants in the Indian stocks markets will closely monitor various India Purchasing Managers' Index (PMI) of HSBC, US Fed interest rate decisions, foreign fund crude oil prices, and the action of newly appointed Reserve Bank of India (RBI) Governor, Sanjay Malhotra, according to t
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India's services sector employment grew at fastest pace since 2005
Updated : 1 year, 3 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, said "During November, services sector employment notably grew at the fastest pace ever recorded since this survey began in 2005. The hiring surge reflected the sector's improving business confidence, growing new orders, and vigorous internati
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Prime Minister's Internship Scheme to provide one crore opportunities in t
Updated : 1 year, 3 months ago IST
As a precursor to the full-scale implementation, a Pilot Project under the PMIS has been launched, offering 1.25 lakh internship opportunities for the financial year 2024-25. This scheme is being executed through a dedicated online portal, pminternship.mca.gov.in, which facilitates the entir
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PMI slips to 56.5 but remains firmly in expansionary territory
Updated : 1 year, 3 months ago IST
India's manufacturing sector demonstrated resilience in November despite headwinds owing to price pressures and fierce competition.
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India's Services Index surged to 58.5 in Oct, services employment grew at
Updated : 1 year, 4 months ago IST
India's services sector witnessed a robust performance in October, as the Service PMI index surged to 58.5, up from a ten-month low of 57.7 in September, according to HSBC India Service PMI.
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India's manufacturing surge continues in October, PMI hits 57.5 amid stron
Updated : 1 year, 4 months ago IST
October saw faster expansions in both total new orders and exports, driven by increased demand from markets across Asia, Europe, Latin America, and the U.S. Businesses reported that new products and successful marketing campaigns were significant factors in boosting sales.
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India's economic growth accelerates in October as PMI rises to 58.6
Updated : 1 year, 4 months ago IST
The manufacturing sector led the growth, with the HSBC Flash India Manufacturing PMI climbing to 57.4 from 56.5, while the Manufacturing Output Index reached 60.1, up from 59.8.
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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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PMI Leads AI Transformation in Project Management and Celebrates Excellenc
Updated : 1 year, 5 months ago IST
New Delhi [India], October 1: Project Management Institute (PMI), the world's leading authority in project management, showcased the transformative power of AI to enhance the profession at its 16th Project Management South Asia Conference in New Delhi. A new research report, "Pushing the Lim
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India's manufacturing sector slips for second consecutive month in Septemb
Updated : 1 year, 5 months ago IST
Although the index remains firmly in expansion territory, this marks the weakest performance since January 2024. The moderation in growth reflects a broader trend in the second fiscal quarter, with the average PMI reading hitting its lowest level since the three months ending December 2023.
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