Service PMI

Headline index was boosted by the bloc's dominant services sector, whose PMI bounced back above breakeven to 51.6 from November's 49.5, but was weighed down by a sharper decline in factory activity

Services PMI December 2024: Underlying demand identified as the primary factor behind output growth, says HSBC India Services PMI, compiled by S&P Global

The growth pace was the fastest since May 2024, surpassing the 50-mark that separates expansion from contraction on a monthly basis

Final au Jibun Bank Service purchasing managers' index (PMI) grew to 50.9 in December from 50.5 in November, according to the survey compiled by S&P Global Market Intelligence

At 6:35 AM, GIFT Nifty futures were trading merely 4 points higher at 24,096, hinting at a flat to positive start for the day

November Service PMI: The hiring surge was driven by improving business confidence, rising new orders, and strong international demand in the sector

HSBC Flash November PMI: Composite output index rises to 59.5, up from October's final reading of 59.1. Manufacturing PMI dips to 60.2, services PMI rises to 59.2

High frequency indicators such as the manufacturing PMI slowed to an eight-month low in September, while services PMI eased to a 10-month trough, latest data showed

New business intakes expanded sharply at the end of the second financial quarter, but the pace of growth retreated to a 10-month low

The local currency settled at 83.97 per dollar on Tuesday, almost flat compared to the previous close. The previous record low of 83.97 was hit on August 13 of the current year

India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders

While there was a slowdown in growth, business activity has remained above the neutral mark of 50.0

HSBC India Services PMI says firms optimistic and hiring up as input costs rise

The final HSBC India Services purchasing managers' index, compiled by S&P Global, fell to 60.2 last month from April's 60.8, confounding a preliminary reading for a rise to 61.4

The survey also noted that amid reports of higher labour and material costs, input prices across the private sector rose at the fastest pace in nine months

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

The Department of Commerce, that is in charge of international trade, mostly relies on the central bank's data for services trade data

The headline Purchasing Managers' Index (PMI) figure, released by HSBC, slid to 60.8 in April from 61.2 recorded in March

Favourable market conditions and buoyant demand pushed the new business sub-index to a three-month high, the third-highest in around 14 years

Caixin/S&P Global services purchasing managers' index (PMI) eased to 52.5 from a 52.7 in March, remaining in expansionary territory for the 16th straight month