Employment continued to fall in response to weak demand and expectations of further challenging conditions
03 Jun 2020 2:02 PM
Service providers saw a marked increase in new work intakes during February, the second-fastest in over seven years.
04 Mar 2020 11:46 AM
The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December.
05 Feb 2020 12:01 PM
The Composite PMI Output Index that maps both the manufacturing and services sector, rose from 52.7 in November to 53.7.
06 Jan 2020 11:27 AM
A sub-index tracking demand jumped to 53.2 from October’s 50.1, encouraging firms to accelerate hiring at the fastest pace in three months.
04 Dec 2019 7:51 PM
The government has raised this year’s budget deficit to 2.8 per cent of GDP from 2.6 per cent in 2018.
14 Nov 2019 10:08 AM
Both the manufacturing and services industry, fell from 53.9 in July to 52.6 in August.
04 Sep 2019 10:57 AM
The IHS Markit Services Purchasing Managers’ Index rose to a one year high of 53.8 in July, up from 49.6 in June.
05 Aug 2019 11:03 AM
At present, the Consulting community continues to be made liable for payment of GST on behalf of the employer.
28 Jun 2019 9:05 AM
The overall FDI inflows declined for the first time in the last six years in 2018-19, falling 1 per cent to USD 44.37 billion.
05 Jun 2019 2:51 PM
Purchasing Managers' Index slipped to 51.0 in April, the lowest since September, down from 52.0 the previous month.
06 May 2019 11:29 AM
The seasonally adjusted Nikkei India Services Business Activity Index fell from 53.2 in Dec to 52.2 in January.
05 Feb 2019 11:13 AM
PMI surveys brought positive news of stronger economic growth at the start of the third quarter of FY 2018-19.
05 Nov 2018 11:25 AM
Issues like capacity utilisation adjustment; treatment of AMP expenses and others have been carefully examined and resolved.
02 Aug 2018 12:17 PM
A strong improvement in demand also encouraged firms to hire at a faster pace than in May.
04 Jul 2018 11:18 AM
Nikkei India Services Business Activity Index climbed to 51.4 in April from 50.3 in March.
04 May 2018 11:44 AM
Country needs to embrace technology and become a leader in the digital transformation taking place around the globe.
26 Mar 2018 10:00 AM
Govt has already approved a Rs 5,000 cr to promote 12 champion services sectors such as IT, tourism and hospitality.
22 Mar 2018 3:37 PM
Services activity suffered for most of last year following a ban of high value currency notes in November 2016.
05 Mar 2018 11:12 AM
Overall performance of the service sector remained weaker than the long-run growth trend.
05 Feb 2018 12:09 PM