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IHS Markit News
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.
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.
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.
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.
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.
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.
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
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.
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
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.
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.
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.
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.
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.