Services PMI returns to growth in June, records sharpest expansion in a year
In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Jul 04, 2018, 10:59 AM IST
India's service sector growth contracts for 2nd month in August on GST woes
The services sector had slipped into contraction in July as confusion caused by the GST rollout triggered a dip in new business orders.
Sep 05, 2017, 10:45 AM IST
India's services sector contracts to 4-year low in July, post GST
Activity in India`s dominant service sector contracted at the sharpest rate in nearly four years in July after a new tax policy sowed confusion and sent new orders into free fall.
Aug 03, 2017, 10:45 AM IST
India's service sector growth at 5-month high on new orders
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector output on a monthly basis, rose from 50.3 in February to 51.5 in March.
Apr 06, 2017, 11:45 AM IST
India's services sector contracts on cash shortage; worst in 3 years
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector companies on a monthly basis, stood at 46.7 in November, down from 54.5 in October. A reading above 50 means the sector is expanding while a score below this mark signals contraction.
Dec 05, 2016, 11:53 AM IST
Services sector rebounds on new business orders
Services sector increased to 50.8 in July from 47.7 in June.
Aug 05, 2015, 10:38 AM IST
'Services growth at eight-month high in Februay'
The HSBC Services Purchasing Managers` Index, which surveys around 350 private companies and is compiled by Markit, rose to 53.9 in February from 52.4, its highest since June 2014. A reading above 50 indicates growth.
Mar 04, 2015, 10:49 AM IST
