Page 3 - Latest Updates on Services PMI
Top headlines: US election heads down to the wire, SBI Q2 profit up 52%
Republic TV editor Arnab Goswami was arrested by police in Mumbai for alleged abetment of suicide in a case registered in 2018.
 "Top headlines: US election heads down to the wire, SBI Q2 profit up 52%")
Oct services activity at 54.1, grows for first time in 8 months: PMI
It was the highest reading since February and comfortably above the 50-mark separating growth from contraction
 "Oct services activity at 54.1, grows for first time in 8 months: PMI")
Services activity improves in September, PMI at 49.8 vs 41.8 in August
The latest reading was indicative of broadly stable output across the sector
 "Services activity improves in September, PMI at 49.8 vs 41.8 in August")
Even as Covid-19 rages, Indian economy's animal spirits are stabilising
Five of the eight high-frequency indicators compiled by Bloomberg News gained last month, while two were unchanged and one deteriorated
 "Even as Covid-19 rages, Indian economy's animal spirits are stabilising")
At 41.8, services PMI continues to show contraction for 6th month in Aug
PMI for combined services and manufacturing rose from 37.2 in July to 46 in August
 "At 41.8, services PMI continues to show contraction for 6th month in Aug")
Aug services PMI jumps to 41.8 vs 34.2 in July; still in contraction zone
August was the sixth straight month the index was sub-50, the longest such stretch since a 10-month run to April 2014
 "Aug services PMI jumps to 41.8 vs 34.2 in July; still in contraction zone")
Covid-19 impact: Services PMI rises but fails to break out of contraction
Downturn grips sector as job loss, low export orders and poor domestic demand distress companies
 "Covid-19 impact: Services PMI rises but fails to break out of contraction")
Top headlines: NCLAT calls for probe against Flipkart, services PMI, & more
From govt allowing telcos to defer payments to 28 coronavirus cases in India, here are the top stories for the day
 "Top headlines: NCLAT calls for probe against Flipkart, services PMI, & more")
Services activity at 7-year high in January as new orders zoom: Survey
Nikkei India Services Purchasing Managers Index (PMI) stood at 55.5 in January, up from 53.3 in December
 "Services activity at 7-year high in January as new orders zoom: Survey")
Top headlines: Services PMI rises, coronavirus hits Surat diamond industry
From coronavirus' impact on Surat's diamond industry to Russia's largest oil producer, Rosneft, evincing interest in the acquisition of BPCL, here are the day's top headlines
 "Top headlines: Services PMI rises, coronavirus hits Surat diamond industry")
Service PMI hits 7-year high in Jan on favourable market. business optimism
The IHS Markit India Services Business Activity Index rose from 53.3 in December to 55.5 in January, signalling the strongest upturn in output in seven years
 "Service PMI hits 7-year high in Jan on favourable market. business optimism")
India's services PMI rises to a five-month high in Dec on buoyant demand
The widely tracked Nikkei India Services Purchasing Managers Index (PMI) stood at 53.3 in December, up from 52.7 in November
 "India's services PMI rises to a five-month high in Dec on buoyant demand")
Top headlines: NCLAT setback for Tatas, services PMI expands, and more
From NCLAT setback for Tatas to expansion of services PM, read all the top headlines here
 "Top headlines: NCLAT setback for Tatas, services PMI expands, and more")
Services activity falls to 48.7 in Sep; second contraction this year: PMI
India's economy has been hobbled by a demand slump, prompting policymakers to step up fiscal and monetary stimulus to revive growth
 "Services activity falls to 48.7 in Sep; second contraction this year: PMI")
Services PMI falls to 52.4 in August on slower rate of increase in output
The services sector continuing to be on the growth path after contracting in June was, however, a consolation
 "Services PMI falls to 52.4 in August on slower rate of increase in output")
Services PMI declines to 52.4 in August from July's year-high of 53.8
Rising expectations for further monetary policy easing and recent measures announced by the government boosted business expectations to a 12-month high, the survey showed
 "Services PMI declines to 52.4 in August from July's year-high of 53.8")
Services activity rebounds in July, expands at fastest pace in a year: PMI
A sub-index tracking overall demand showed new orders increased at the quickest pace in nearly three years, driven largely by foreign demand
 "Services activity rebounds in July, expands at fastest pace in a year: PMI")
Services sector shrinks for first time in 13 months, PMI falls to 49.6
Index fell from 50.2 in May, largely due to stagnant sales showed the data, which came ahead of Economic Survey for FY19
 "Services sector shrinks for first time in 13 months, PMI falls to 49.6")
Services growth sinks to one-year low in May, dented by elections: PMI
Optimism about the next 12-months improved slightly and firms increased the pace of hiring to the fastest in three months
 "Services growth sinks to one-year low in May, dented by elections: PMI")
February services PMI shows uptick, overall inflation rate softens
Upbeat demand conditions in the domestic demand fed through to the labour market, with services sector jobs expanding at the same solid rate that was registered at the start of 2019
