Service Pmi
RBI likely to keep rates steady as economic growth slows, global rates ease
High frequency indicators such as the manufacturing PMI slowed to an eight-month low in September, while services PMI eased to a 10-month trough, latest data showed
 "RBI likely to keep rates steady as economic growth slows, global rates ease")
Demand slowdown pulls down services PMI to 10-month low in September
New business intakes expanded sharply at the end of the second financial quarter, but the pace of growth retreated to a 10-month low
 "Demand slowdown pulls down services PMI to 10-month low in September")
Rupee at closing low; RBI intervention prevent from touching 84 per dollar
The local currency settled at 83.97 per dollar on Tuesday, almost flat compared to the previous close. The previous record low of 83.97 was hit on August 13 of the current year
 "Rupee at closing low; RBI intervention prevent from touching 84 per dollar")
India's services sector growth surges to 5-month high in August: PMI
India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders
 "India's services sector growth surges to 5-month high in August: PMI")
India's services growth remains robust even as it slows a tad in July: PMI
While there was a slowdown in growth, business activity has remained above the neutral mark of 50.0
 "India's services growth remains robust even as it slows a tad in July: PMI")
May services growth at five-month low as domestic demand weakens
HSBC India Services PMI says firms optimistic and hiring up as input costs rise
 "May services growth at five-month low as domestic demand weakens")
May services growth cools to five-month low of 60.2 from April's 60.8: PMI
The final HSBC India Services purchasing managers' index, compiled by S&P Global, fell to 60.2 last month from April's 60.8, confounding a preliminary reading for a rise to 61.4
 "May services growth cools to five-month low of 60.2 from April's 60.8: PMI")
Flash composite PMI up at 61.7 in May, job creation strongest in 18 years
The survey also noted that amid reports of higher labour and material costs, input prices across the private sector rose at the fastest pace in nine months
 "Flash composite PMI up at 61.7 in May, job creation strongest in 18 years")
Business activity expands in May as exports surge, PMI rises to 61.7
Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders
 "Business activity expands in May as exports surge, PMI rises to 61.7")
Trade deal talks on: Faster services trade data compilation in the works
The Department of Commerce, that is in charge of international trade, mostly relies on the central bank's data for services trade data
 "Trade deal talks on: Faster services trade data compilation in the works")
India's services PMI slides in April, remains robust due to strong demand
The headline Purchasing Managers' Index (PMI) figure, released by HSBC, slid to 60.8 in April from 61.2 recorded in March
 "India's services PMI slides in April, remains robust due to strong demand")
April services PMI softens to 60.8 but remains sturdy on robust demand
Favourable market conditions and buoyant demand pushed the new business sub-index to a three-month high, the third-highest in around 14 years
 "April services PMI softens to 60.8 but remains sturdy on robust demand")
China's services activity eases in April but still solid: Caixin PMI
Caixin/S&P Global services purchasing managers' index (PMI) eased to 52.5 from a 52.7 in March, remaining in expansionary territory for the 16th straight month
 "China's services activity eases in April but still solid: Caixin PMI")
India's business activity surges to 14-year high in April: PMI data
Driven by robust demand in both manufacturing and service sectors, PMI in April climbed to 62.2 from March's final reading of 61.8
Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar
In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction
Manufacturing boost propels business activity to 8-month high in March
HSBC Flash India Composite PMI (Purchasing Managers' Index) Output Index rises to 61.3
 "Manufacturing boost propels business activity to 8-month high in March")
India's March business activity ends fiscal year on strong note: PMI
HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.3 this month from February's final reading of 60.6
 "India's March business activity ends fiscal year on strong note: PMI")
India's services PMI jumps to highest in six months at 61.8 in January
According to the HSBC India Services PMI, new business placed with Indian service providers increased at the fastest rate in six months during January
Retail inflation likely picked up to 5.87% in December on rising food costs
Food prices, which account for about half of the inflation basket, rose in November and remained elevated last month, largely led by vegetable prices and household staples
 "Retail inflation likely picked up to 5.87% in December on rising food costs")
Low demand drags India's services PMI to seven-month low in October
The survey also mentioned that services companies in India reported an increase in their expenses in October due to higher food, fuel, and staff costs
 "Low demand drags India's services PMI to seven-month low in October")
