The HSBC India Services PMI rose to 59.0 in February, up from January’s 26-month low of 56.5, indicating a sharp expansion in business activity. India’s services sector expanded at a …
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Services sector
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Economy
India’s Services Index surged to 58.5 in Oct, services employment grew at fastest rate in 26 months
by ANIby ANIIndia’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 …
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Economy
India’s Manufacturing and services sector’s performance reflected in Purchasing Manager’s indices
by ANIby ANIIndia’s manufacturing sector has shown resilience and growth in the first four months of FY25, with several key indicators highlighting its robust performance says the monthly economic review for July …
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Economy
India’s economy grows at 7.8% during April-June, highest in four quarters
by IN Bureauby IN BureauDriven by the services sector, India has recorded a growth rate of 7.8 in the April-June quarter of the current financial year– the highest in four quarters. The GDP growth …
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India has begun the new financial year on a positive note, registering healthy growth in both manufacturing and services sectors. With an S&P Purchasing Managers’ Index for the services sector …
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The Asian Development Bank (ADB) in its latest economic update has pegged India’s GDP growth rate at 7 per cent, lower than the 7.5 per cent projection made in April. …
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Economy
India’s GDP growth shoots up to 13.5% in April-June, highest in a year
by IN Bureauby IN BureauThe India’s economic growth accelerated to 13.5 per cent in the April-June quarter which is the fastest annual expansion in a year, official data released on Wednesday showed. Gross domestic …