Business Standard

Service Pmi

India's services PMI dips slightly, but hiring touches fastest pace since 2005

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

India's services PMI dips slightly, but hiring touches fastest pace since 2005
Updated On : 04 Dec 2024 | 10:46 AM IST

Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises

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

Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises
Updated On : 22 Nov 2024 | 11:42 AM IST

RBI likely to keep rates steady as economic growth slows, global rates ease

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

RBI likely to keep rates steady as economic growth slows, global rates ease
Updated On : 07 Oct 2024 | 1:49 PM IST

Demand slowdown pulls down services PMI to 10-month low in September

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

Demand slowdown pulls down services PMI to 10-month low in September
Updated On : 04 Oct 2024 | 11:28 PM IST

Rupee at closing low; RBI intervention prevent from touching 84 per dollar

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

Rupee at closing low; RBI intervention prevent from touching 84 per dollar
Updated On : 04 Sep 2024 | 7:18 PM IST

India's services sector growth surges to 5-month high in August: PMI

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

India's services sector growth surges to 5-month high in August: PMI
Updated On : 04 Sep 2024 | 11:03 AM IST

India's services growth remains robust even as it slows a tad in July: PMI

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

India's services growth remains robust even as it slows a tad in July: PMI
Updated On : 05 Aug 2024 | 10:58 AM IST

May services growth at five-month low as domestic demand weakens

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

May services growth at five-month low as domestic demand weakens
Updated On : 06 Jun 2024 | 12:17 AM IST

May services growth cools to five-month low of 60.2 from April's 60.8: PMI

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

May services growth cools to five-month low of 60.2 from April's 60.8: PMI
Updated On : 05 Jun 2024 | 10:56 AM IST

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years

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

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years
Updated On : 23 May 2024 | 5:23 PM IST

Business activity expands in May as exports surge, PMI rises to 61.7

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

Business activity expands in May as exports surge, PMI rises to 61.7
Updated On : 23 May 2024 | 10:56 AM IST

Trade deal talks on: Faster services trade data compilation in the works

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

Trade deal talks on: Faster services trade data compilation in the works
Updated On : 07 May 2024 | 11:04 PM IST

India's services PMI slides in April, remains robust due to strong demand

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

India's services PMI slides in April, remains robust due to strong demand
Updated On : 06 May 2024 | 11:30 PM IST

April services PMI softens to 60.8 but remains sturdy on robust demand

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

April services PMI softens to 60.8 but remains sturdy on robust demand
Updated On : 06 May 2024 | 11:56 AM IST

China's services activity eases in April but still solid: Caixin PMI

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

China's services activity eases in April but still solid: Caixin PMI
Updated On : 06 May 2024 | 8:11 AM IST

India's business activity surges to 14-year high in April: PMI data

Driven by robust demand in both manufacturing and service sectors, PMI in April climbed to 62.2 from March's final reading of 61.8

India's business activity surges to 14-year high in April: PMI data
Updated On : 23 Apr 2024 | 12:20 PM IST

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar

In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar
Updated On : 04 Apr 2024 | 12:16 PM IST

Manufacturing boost propels business activity to 8-month high in March

HSBC Flash India Composite PMI (Purchasing Managers' Index) Output Index rises to 61.3

Manufacturing boost propels business activity to 8-month high in March
Updated On : 21 Mar 2024 | 11:22 PM IST

India's March business activity ends fiscal year on strong note: PMI

HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.3 this month from February's final reading of 60.6

India's March business activity ends fiscal year on strong note: PMI
Updated On : 21 Mar 2024 | 2:23 PM IST

India's services PMI jumps to highest in six months at 61.8 in January

According to the HSBC India Services PMI, new business placed with Indian service providers increased at the fastest rate in six months during January

India's services PMI jumps to highest in six months at 61.8 in January
Updated On : 05 Feb 2024 | 11:05 AM IST