India’s services sector activity gained momentum in September, with new orders rising at the second fastest rate since June 2010, as per the S&P Global India Services Purchasing Managers’ Index, which moved up to 61 from 60.1 in August. Growth in new international orders slowed to a three-month low, yet was one of the quickest since September 2014, S&P Global …
India’s services sector rebounded in August from a four-month low in July and created the highest jobs in 14 years as input cost pressures eased to the slowest pace in 11 months, as per the S&P Global India Services Purchase Managers’ Index, which expanded from 55.5 in July to 57.2 last month. Optimism at highest level since 2018 The August …
India’s services activity remained elevated in November, recording a marginal drop from the previous month, after registering the strongest growth in more than a decade in October. Data released by IHS Markit on Friday showed Purchasing Managers’ Index for services eased to 58.1 in November from 58.4 in October. Earlier this week, IHS Markit released data showing India’s manufacturing PMI …
