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Nikkei India Services News
Nikkei India Services
India's August services sector activity falls from 21-month peak: PMI
Wed, Sep 05, 2018
In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction. "August data signalled that the pace of growth in India's service economy cooled from July's recent peak. This was matched by the slowest expansions in new business and employment since May and November 2017, respectively," said Aashna Dodhia, Economist at IHS Markit, the author of the report.
July sees strongest service sector growth since October 2016: PMI
Fri, Aug 03, 2018
India's services sector activity remained in the growth territory for the second consecutive month in July, as business activity witnessed the strongest growth since October 2016 amid improved demand conditions, says a monthly survey.
Services growth hits 3-1/2 year high, outlook bullish: PMI
Mon, Sep 05, 2016
Stronger business activity growth and incoming new work led to modest recovery in optimism at service providers.