Services activity hits 11-year high in June despite mounting cost pressures
"Demand for services improved to the greatest extent since February 2011, supporting a robust economic expansion for the sector over the first quarter of the fiscal year 2022/23 and setting the scene for another substantial upturn in output next month," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
Jul 05, 2022, 12:58 PM IST
Economic downturn has ended, more growth in 2 quarters: Niti Aayog
The Niti Aayog vice chairman also pointed out that in manufacturing and services PMI, the lowest point reached in July and therefrom it has started rising.
Sep 27, 2017, 17:24 PM IST
India's services sector growth dips for 3rd straight month, hits 7-month low in June
Growth in India`s services sector slowed to a seven-month low in June as new orders continued to soften, a business survey showed on Tuesday.
Jul 05, 2016, 10:45 AM IST
India's manufacturing, services growth outpaced China in April
Manufacturing and service sectors in India expanded at a faster pace last month than China, even as economic growth moderated overall in emerging markets, a survey said.
May 08, 2015, 12:45 PM IST
Services growth eased in December, prices barely rise
India's dominant service industry eased off the accelerator in December and firms barely raised prices, increasing pressure on the Reserve Bank of India (RBI) to loosen monetary policy soon, a survey showed on Tuesday.
Jan 06, 2015, 17:01 PM IST
India's services growth quickened in September
Growth in services activity picked up pace in September as order books filled up at a faster rate, a business survey showed on Tuesday.
Oct 07, 2014, 10:49 AM IST
India's manufacturing, services growth outpaced China in July
Manufacturing and services sectors in India expanded at a faster pace than China in July, even as emerging market output registered a slower pace of growth, HSBC said on Wednesday.
Aug 06, 2014, 14:46 PM IST
