Services PMI returns to growth in June, records sharpest expansion in a year
In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
Jul 04, 2018, 10:59 AM ISTIndia's service sector growth contracts for 2nd month in August on GST woes
The services sector had slipped into contraction in July as confusion caused by the GST rollout triggered a dip in new business orders.
Sep 05, 2017, 10:45 AM ISTIndia's services sector contracts to 4-year low in July, post GST
Activity in India`s dominant service sector contracted at the sharpest rate in nearly four years in July after a new tax policy sowed confusion and sent new orders into free fall.
Aug 03, 2017, 10:45 AM ISTIndia's service sector growth at 5-month high on new orders
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector output on a monthly basis, rose from 50.3 in February to 51.5 in March.
Apr 06, 2017, 11:45 AM ISTIndia's services sector contracts on cash shortage; worst in 3 years
The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services sector companies on a monthly basis, stood at 46.7 in November, down from 54.5 in October. A reading above 50 means the sector is expanding while a score below this mark signals contraction.
Dec 05, 2016, 11:53 AM ISTServices sector rebounds on new business orders
Services sector increased to 50.8 in July from 47.7 in June.
Aug 05, 2015, 10:38 AM IST'Services growth at eight-month high in Februay'
The HSBC Services Purchasing Managers` Index, which surveys around 350 private companies and is compiled by Markit, rose to 53.9 in February from 52.4, its highest since June 2014. A reading above 50 indicates growth.
Mar 04, 2015, 10:49 AM IST