Page 3 - Services Pmi

Record demand for exports spurs India's services PMI to 61.2 in March

HSBC Bank survey says 'buoyant demand' led to a 'cascade of positivity for the sector'

Slowdown in growth in new orders, output drags services PMI in Feb to 60.6

The survey polled around 400 companies in transport, information, communication, finance, insurance, real estate, non-retail consumer and business services

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

India's September services PMI hits 61 on positive demand environment

September's expansion in output was associated with effective marketing, favourable demand conditions and strong influxes of new business

August PMI services comes at 60.3 on strong order book; output elevated

Services firms indicated the sharpest upturn in new export business since S&P Global services PMI started in September 2014

Services PMI at over 13-year high in July, helped by strong demand

Demand conditions show significant improvement leading to robust growth in India's dominant services sector

Dec services PMI at a 6-month high, thanks to stronger inflow of new biz

The headline figure has now been in the expansion zone for seventeen consecutive months since August 2021

Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion

The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021

Services PMI recovers to 55.1 in Oct after hitting six-month low in Sept

Services PMI released by credit rating agency S&P Global improved to 55.1 in October from 54.3 in September

Top headlines: Sep services growth at 6-month low; Dabur flags margin hit

"During the quarter, inflation was at peak levels which impacted gross margins," Dabur said in a regulatory filing

Sensex rises 157 pts, Nifty atop 17,300; Nifty Metal index up 3%, FMCGs dip

CLOSING BELL: JSW Steel, Hindalco, Coal India, L&T, Tata Steel, ICICI Bank, HCL Tech, Axis Bank, Tata Motors, Tata Consumer Products, Shree Cement, and Wipro were the top gainers

Services PMI at 54.3 in Sep; slowest expansion in 6 months amid weak demand

Growth in India's services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation

Services PMI accelerates in Aug; job creation strongest in 14 years

Rebound due to gains in new business, improvements in demand, and overtime work: Survey

India's services activity rises to 59.2 in June, highest in 11 years

Unrelenting inflation continued to worry businesses that were cautiously optimistic about the year-ahead outlook for business activity

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions

India's PMI services at 5-month high in April on higher fresh orders

However, companies resumed hiring in April, as seen by the first increase in employment since November

Top headlines: NSE seeks new chief; Jet Airways appoints new CEO

Business Standard brings you the top headlines on Friday

China's Jan services activity expands at slowest rate in 5 months: Report

A sub-index for new business in the survey stood at 51.1 in January, slower than the long-run series average and below 52.5 in the previous month

Market wrap: Sensex slumps 765 points, Nifty ends below 17,200 level

Star Health cuts IPO size after tepid subscription; Tega Industries closes IPO with over 200 times subscription

India's services activity remains strong in Sept, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.