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
Services PMI returns to growth after 3 months of contraction
The services sector rebounded in February -- for the first time since October -- as businesses recovered from the demonetisation-led disruptions seen in the previous three months, a monthly survey showed today.
Mar 03, 2017, 11:28 AM IST
India's services sector growth softens in April
Private sector activity in the country eased in April amid slower expansion in new business inflows in services sector while order books at manufacturers also broadly stagnated, adding to the clamour for further interest rate cuts by Reserve Bank.
May 04, 2016, 13:13 PM IST
