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PMI
Indian service providers signal robust growth in October on strong demand conditions
The latest data also highlighted a recovery in growth of new export sales across India's service economy, which survey respondents attributed to strengthening demand from clients in Africa, Asia, the Americas, the Middle East and the UK.
06 November 2024, 07:21 IST
Indian service providers signal robust growth in October on strong demand conditions
06 November 2024, 07:21 IST
India's services sector activity slips to 10-month low in September
The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.7 in September, indicating that though the output registered an increase, the pace of growth was the slowest since November 2023.
04 October 2024, 10:54 IST
India's services sector activity slips to 10-month low in September
04 October 2024, 10:54 IST
India Sept business growth at nine-month low as demand eases, PMI shows
However, overall activity remained strong, taking the expansionary streak - the 50-mark separating expansion from contraction - to over three years.
23 September 2024, 05:57 IST
India Sept business growth at nine-month low as demand eases, PMI shows
23 September 2024, 05:57 IST
India’s factory output growth slips to 3-month low in August
Purchasing Managers’ Index (PMI) for manufacturing declined to 57.5 in August from 58.1 in the previous month. However, it is still higher than the long-term average of 54. The PMI print above 50 indicates growth in the sector while below 50 shows contraction.
02 September 2024, 21:40 IST
India’s factory output growth slips to 3-month low in August
02 September 2024, 21:40 IST
India's factory activity maintains solid growth in July, PMI shows
Manufacturing accounts for less than one-fifth of the country's economy but in a recent budget the government announced spending plans aimed at boosting the sector, supporting growth in Asia's third-largest economy.
01 August 2024, 08:38 IST
India's factory activity maintains solid growth in July, PMI shows
01 August 2024, 08:38 IST
India's business growth at three-month high in July, PMI shows
The data reflected sustained growth in the private sector, which according to the government's first budget since the national election will get incentives to improve skills and spur employment.
24 July 2024, 07:36 IST
India's business growth at three-month high in July, PMI shows
24 July 2024, 07:36 IST
Heatwaves drag manufacturing PMI to 3-month low in May
India’s manufacturing sector growth declined to three months low in May due to softer rise in new orders and output as lower working hours due to heatwaves affected production volumes, as per an industry survey report released by S&P Global on Monday.
04 June 2024, 00:19 IST
Heatwaves drag manufacturing PMI to 3-month low in May
04 June 2024, 00:19 IST
India's manufacturing sector growth eases in May; upturn in exports strongest in over 13 years: PMI survey
According to HSBC Global Economist Maitreyi Das, 'The manufacturing sector remained in expansionary territory in May, albeit the pace... slowed, led by a softer rise in new orders and output.' The slowdown was attributed to reduced working hours amid intensive heatwave and rising production costs.
03 June 2024, 07:05 IST
India's manufacturing sector growth eases in May; upturn in exports strongest in over 13 years: PMI survey
03 June 2024, 07:05 IST
India's April business growth at near 14-year high, PMIs show
That suggests India is well placed to remain the fastest growing major economy this year after posting strong expansion over the past few quarters.
23 April 2024, 06:17 IST
India's April business growth at near 14-year high, PMIs show
23 April 2024, 06:17 IST
India's services growth accelerated in March, exports at record high, PMI shows
While buoyant domestic demand and favourable economic conditions drove up new business, exports jumped at the quickest pace since the sub-index was included in the survey in September 2014.
04 April 2024, 07:36 IST
India's services growth accelerated in March, exports at record high, PMI shows
04 April 2024, 07:36 IST
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