August PMI

India's services PMI rose to 62.9 in August, the steepest expansion since 2010, driven by strong demand, new orders, and resilient job creation amid rising costs

Services led the growth, with activity hitting a record 65.6, while manufacturing preliminary PMI climbed to 59.8 in August, its strongest level since January 2008

India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders

'Sharp expansion' in international sales show companies' focus on international business, says survey

New orders pulled up output, but job losses continue for 5th month

Rebound suggests that India's economic growth rate, which unexpectedly slipped to a three-year low of 5.7 percent in the April-June quarter from a year ago, may also improve in the current quarter.