Search For "services business activity index"
India's HSBC service index registers strongest expansion in 4 months, inde
Updated : 1 year, 2 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 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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Sustained growth of new business supports output expansion: IHS Markit
Updated : 4 years, 11 months ago IST
New Delhi [India], Apr 7 (ANI): Further increases in new business and output were reflected at Indian services firms in March data as companies benefited from strong demand conditions and elections, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Wedn
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Strengthening demand boosts business activity growth in Feb: IHS Markit
Updated : 5 years ago IST
New Delhi [India], March 3 (ANI): Indian service providers expanded business activity at the fastest rate in a year during February due to a quicker increase in new orders, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Wednesday.
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Services activity, new business expand at slower rates in Dec: IHS Markit
Updated : 5 years, 2 months ago IST
New Delhi [India], January 6 (ANI): India's service sector continued to recover from the coronavirus disease 2019 (COVID-19) induced contractions seen through most of 2020 with output and new business rising for the third straight month in December, according to the latest IHS Markit Service
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India's service sector remains severely restricted by COVID-19 lockdown: I
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): The Indian service sector remained severely restricted by lockdown measures implemented to curb the coronavirus disease 2019 (COVID-19) pandemic in July, according to the latest PMI survey data released on Wednesday.
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India's service sector remains mired in deep downturn: IHS Markit
Updated : 5 years, 8 months ago IST
New Delhi [India], July 3 (ANI): The Indian service sector remained under intense strain during June, according to the latest PMI survey released on Friday, as activity fell at another substantial month-on-month rate amid the ongoing economic disruption caused by the coronavirus disease 2019
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Extreme slide in services activity seen again during May: IHS Markit
Updated : 5 years, 9 months ago IST
New Delhi [India], June 3 (ANI): Business activity across India's service sector fell drastically during May as the unfavourable economic effects of the coronavirus disease 2019 (Covid-19) pandemic impaired business operations, restricted consumer footfall and led demand to collapse, accordi
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India's service sector activity plummets at historic rate during April
Updated : 5 years, 10 months ago IST
New Delhi [India], May 6 (ANI): India's service sector recorded its largest month-to-month contractions in business activity and new orders since IHS Markit's data collection began over 14 years ago in April, according to the latest PMI data.
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New business growth in India's services economy hits 38-month high: IHS Ma
Updated : 6 years, 2 months ago IST
New Delhi [India], Jan 6 (ANI): The Indian services economy gained growth momentum in December, shrugging off the weakness recorded in September and October, according to IHS Markit India Manufacturing Purchasing Managers' Index (PMI) released on Monday.
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Business activity growth returns on back of surging new orders: PMI
Updated : 6 years, 7 months ago IST
New Delhi [India], Aug 5 (ANI): Indian service providers signalled that their subdued business performance at the end of the first quarter of fiscal year 2019-20 dissipated in July with activity returning to growth and new work intakes rising at the fastest rate in just under three years,
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