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Services sector growth News

Services sector growth

06 May 2024

India's Service Activity Growth In April Among Fastest In 14 Years: PMI

The seasonally adjusted HSBC India Services Business Activity Index fell from 61.2 in March to 60.8 in April, highlighting one of the strongest growth rates seen in just under 14 years.

India services sector

05 Jun 2019

India's services sector slips to 12-month low in May amid election disruptions

The seasonally adjusted Nikkei India Services Business Activity Index fell to 50.2 in May, from 51.0 in April, pointing to the slowest growth rate in the current 12-month stretch of expansion.

India services sector

06 May 2019

India's services sector output growth at 7-month low in April: PMI

The seasonally adjusted Nikkei India Services Business Activity Index, fell from 52 in March to 51 at the start of the 2019 financial year, pointing to the weakest upturn in output since last September.

Idnia services sector activity

04 Apr 2019

India's services sector output growth at six-month low in March: PMI

The seasonally adjusted Nikkei India Services Business Activity Index fell to 52 in March from 52.5 in February, indicating the slowest expansion since last September.

India`s services sector

05 Feb 2019

Indian services growth slows in January as new business slips to 4-month low

A composite index, taking into account both manufacturing and services activity, remained unchanged at December`s 53.6, helped by an unexpected acceleration in factory activity.

India's Q1 GDP grwoth

01 Sep 2017

GDP growth at 3-year low: What really caused the slowdown in Indian economy

With companies still grappling with new tax rules, business surveys are pointing to more pain ahead. Services and manufacturing activity contracted at their fastest rate in years in July, the month that the GST was launched.

Services sector

04 May 2017

India's services sector grows for 3rd month in April, headwinds remain

Services sector grew for the third straight month in April but the pace of growth moderated amid slower rise in new business and employment, a monthly survey said on Thursday.

India's private sector activity

04 May 2016

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.

India`s services sector

03 Feb 2016

Services sector growth hits 19-month high in January: PMI

India's services sector activity touched a 19-month high in January driven by strengthening underlying demand and improved weather conditions, a monthly survey showed Wednesday.

India's services sector

03 Dec 2015

India's services sector growth at five-month low in November

Growth fell from October's eight-month high of 53.2 to 50.1 in November.

Services sector growth

04 Nov 2015

Services sector growth hits 8-month high in October

India's services sector activity touched an eight-month high in October driven by a significant rise in new business orders even as growth in manufacturing output eased, a Nikkei survey said.

India's services sector

05 Aug 2014

Services sector registers slower pace of growth in July

India's services sector registered the third consecutive month of expansion in July, but the pace of growth was significantly down from the previous month due to moderation in order flows, an HSBC survey said.

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