November Service PMI: The hiring surge was driven by improving business confidence, rising new orders, and strong international demand in the sector
Companies recruit extra workers to meet domestic and international demand
The survey also noted that new export orders exhibited stronger growth, following the weakest increase in a year and a half during September, with gains reported in new contracts
Index has been above the 50-level separating growth from contraction for 39 consecutive months
'Mild setback' in manufacturing growth across India, according to HSBC survey
The rise in employment in the service sector was the steepest since August 2022
Job creation in sector 'remains solid'; companies positive about economy
India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders
Indian manufacturers registered softer increases in new business and output during August
Pace of expansion remains sharp and indicates strong demand and favourable market conditions, HSBC survey
The flash services PMI index rose to 60.4 this month from 60.3 in July, while a preliminary manufacturing PMI showed strong growth, albeit slightly weaker than last month
The world's second-biggest economy grew much more slowly than expected in the second quarter
However, international sales expanded at the fastest pace in over 13 years, while job creation remained robust, and selling prices saw the steepest increase since October 2013
Caixin/S&P Global manufacturing PMI fell to 49.8 in July from 51.8 the previous month, the lowest reading since October
According to the survey carried out by the global banker, the headline flash composite Purchasing Managers' Index (PMI) figure rose to 61.4 in July, compared to 60.9 in June
'Staffing levels' increase at fastest pace since August 2022, according to survey
Business confidence levels eased to the lowest level since March 2020 with concerns about the global economy and rising competition
Demand for consumer and intermediate goods was stronger than that for investment goods
The survey also noted that pace of job creation was at its strongest in over 18 years
The manufacturing index showed bigger gains to 58.5 from 57.5 in May while the dominant services industry's reading rose slightly to 60.4 this month from 60.2