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India's services sector expands at slower pace in Sept

India's services sector expands at slower pace in Sept

Thu, Oct 04, 2018

The country's services sector expanded at a slower pace in September as higher fuel costs and stronger US dollar made imported goods expensive, says a survey.

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Dollar starts 2018 in doldrums, European stocks groggy

Dollar starts 2018 in doldrums, European stocks groggy

Tue, Jan 02, 2018

MSCI`s broadest index of world shares climbed 0.15 percent, having set scores of record highs and risen by one-fifth in value last year alone.

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Euro zone businesses to start 2018 on near seven-year high

Euro zone businesses to start 2018 on near seven-year high

Thu, Dec 14, 2017

Businesses across the euro zone are ending 2017 on a near seven-year high, with demand and price pressures picking up and forward-looking indicators pointing to a busy start to 2018.

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Services sector momentum grew in October, Nikkei says

Services sector momentum grew in October, Nikkei says

Fri, Nov 03, 2017

IHS Markit said that India's service sector reported the fastest rise in new business since June. 

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Business conditions in India stagnated in October as manufacturing PMI drops, Nikkei says

Business conditions in India stagnated in October as manufacturing PMI drops, Nikkei says

Wed, Nov 01, 2017

“On the bright side, the labour market continued to improve, with manufacturers further increasing their staffing levels, and at a pace similar to September’s 59-month high. Business confidence eased to the weakest since February as some firms expressed concerns over negative GST effects. However, those manufacturers that were optimistic forecasted benefits of GST materialising over the next 12 months," Dodhia said.  

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Nikkei's India Services PMI at 51.2 points in August

Nikkei's India Services PMI at 51.2 points in August

Fri, Sep 01, 2017

Order book volumes increased in August, after having posted the worst performance since early- 2009 during July, stated Nikkei.   

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Services PMI declines at its quickest pace in four years, Nikkei says

Services PMI declines at its quickest pace in four years, Nikkei says

Thu, Aug 03, 2017

Key Highlights:  Output and new orders fall for first time since January...   ...and at fastest rates for almost four years Charge inflation at 53-month peak 

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Output slides in July as GST comes in force; fastest drop since global financial crisis

Output slides in July as GST comes in force; fastest drop since global financial crisis

Tue, Aug 01, 2017

At 47.9 in July, down from 50.9 in June, the Nikkei India Manufacturing Purchasing Managers’ Index® (PMI® ) was at its lowest mark since February 2009 and highlighted the first deterioration in business conditions in 2017 so far, IHS Markit said in a statement on Tuesday. 

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Nikkei's Services PMI show that India's GDP is going to bounce back in Q1

Nikkei's Services PMI show that India's GDP is going to bounce back in Q1

Wed, Jul 05, 2017

Key Highlights Growth of new business and activity fastest in current five-month sequences of expansion Rate of increase in headcounts matches May's 47-month high

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Service sector still facing demonetisation impact, Nikkei PMI drops in April

Service sector still facing demonetisation impact, Nikkei PMI drops in April

Thu, May 04, 2017

The seasonally adjusted Nikkei India Composite PMI Output Index was down from 52.3 to 51.3 in April, and therefore signalled only a slight rate of expansion.

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India manufacturing PMI rebounds post demonetisation debacle

India manufacturing PMI rebounds post demonetisation debacle

Wed, Feb 01, 2017

Having eased since the previous month, the rate of reduction was marginal, the report said. 

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India's services PMI contracts in Dec; business sentiment worst in 11-year history

India's services PMI contracts in Dec; business sentiment worst in 11-year history

Wed, Jan 04, 2017

Nikkei India Services Purchasing Managers' Index, or PMI, remained weak at 46.8 in the month of December. It was a marginal change from November's 46.7 after demonetisation hit services sector in the country.

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India has fourth biggest defence budget in the world, says report

India has fourth biggest defence budget in the world, says report

Mon, Dec 12, 2016

The total budget of top 20 countries in 2015 was $13,22,341 million.

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India's private sector services growth slowdowns in Sept

India's private sector services growth slowdowns in Sept

Wed, Oct 05, 2016

The seasonally adjusted Nikkei India Composite PMI Output Index fell from August’s 42-month high of 54.6 to 52.4 in September.

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