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Friday, Apr 19, 2024 | Last Update : 08:53 PM IST

India's services activity collapses as coronavirus palayses global economy. (PTI Photo)

Coronavirus lockdown causes historic spike in layoffs in India

The steep downturn in activity underlined the widespread havoc wrought by the pandemic worldwide

06 May 2020 1:32 PM

The IHS Markit India Services Business Activity Index rose from 55.5 in January to 57.5 in February.

India's services sector growth hits seven-year high in Feb: PMI

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 strong manufacturing sector expansion seen in India at the start of the year was maintained in February,

India's mfg activity eases marginally in Feb: PMI

This is the 31st consecutive month that the manufacturing PMI has remained above the 50-point mark.

02 Mar 2020 11:25 AM

The Indian service sector sprung to life at the start of 2020, defying expectations of fragility and building on to the momentum gained at the end of 2019.

India's service sector activity growth hits 7-year high in Jan: PMI

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

This is the 30th consecutive month that the manufacturing PMI has remained above the 50-point mark.

India's manufacturing sector activity hits near 8-year high in January

The IHS Markit India Manufacturing PMI rose from 52.7 in December to 55.3 in January

03 Feb 2020 11:26 AM

The survey further noted that Indian services firms expect marketing efforts and favourable economic conditions to boost business activity during 2020.

India's service sector activity growth hits 5-month high in Dec: PMI

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

The sharp expansion in both services and manufacturing activity pushed a composite index to a four-month high of 52.7 in November, from 49.6 in the previous month.

India's services industry returns to growth in November on strong demand: PMI

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

This is the 28th consecutive month that the manufacturing PMI has remained above the 50-point mark.

India's mfg sector activity growth inches up in Nov; but remains subdued

GDP growth slowed sharply to a pace of 4.5 per cent in the July-September, hit by a slump in manufacturing output.

02 Dec 2019 11:12 AM

Although the Nikkei/IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.

India's October services activity contracts for second straight month

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

05 Nov 2019 12:58 PM

As per the IHS Markit survey, the cooling of manufacturing sector conditions in India continued in October, with both factory orders and production rising at the weakest rates for two years. (Photo: File)

India manufacturing activity growth drops to 2-year low in Oct: Report

The report indicates only a marginal improvement in the health of the manufacturing industry, the survey said.

01 Nov 2019 12:23 PM

According to the survey, new work intakes contracted in September, after an 18-month sequence of expansion. (Photo : Representational)

India's services sector activity contracts in Sep on weak demand: PMI

The IHS Markit India Services Business Activity Index fell to 48.7 in September from 52.4 in August.

04 Oct 2019 11:54 AM

India's GDP growth fell to an over six-year low of 5 per cent in the June quarter.

India services growth eases in August on weaker demand: PMI

Both the manufacturing and services industry, fell from 53.9 in July to 52.6 in August.

04 Sep 2019 10:57 AM

On the prices front, the measure of input costs accelerated to a nine-month high. (Representational Image)

India manufacturing PMI drops to 15-month low in Aug

On the employment front, the survey said weak sales prevented manufacturing firms from replacing retirees and voluntary leavers.

02 Sep 2019 12:07 PM

India’s service economy showed renewed vigor in July as businesses and households welcome the recent government budget announcement.

India services activity reverses course, surges in July: PMI

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

The next Monetary Policy Committee meeting of the Reserve Bank of India (RBI) will begin on August 5.

India manufacturing sector growth inches up in July on new orders: PMI

This is the 24rd consecutive month that the manufacturing PMI has remained above the 50-point mark.

01 Aug 2019 11:44 AM

The seasonally adjusted Nikkei India Services Business Activity Index fell to 50.2 in May, from 51.0 in April, pointing to the slowest growth rate in the current 12-month stretch of expansion. (Representational Image)

India's services sector activity growth slips to 12-month low in May: Survey

On the prices front, the survey noted that, firms were also helped by a lack of inflationary pressures in the sector.

05 Jun 2019 11:53 AM

"Employment has risen in each month since April 2018, with the latest expansion the most marked since February," the PMI survey noted. (Representational Image)

India's manufacturing sector growth gains momentum in May: PMI

The upbeat mood among goods producers, coupled with a solid increase in new work, underpinned further job creation in the sector.

03 Jun 2019 11:35 AM

Although foreign demand grew at the quickest pace in 10 months, a sub-index tracking new business slipped to a 7-month low of 51.2 in April. (Repsesentaitve Image)

April service sector growth at 7-month low, dented by Lok Sabha elections: PMI

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

This is the 21th consecutive month that the manufacturing PMI remained above the 50-point mark. (Representational image)

India's manufacturing sector growth slows in April amid election uncertainty: PMI

The general election, that began on April 11, is currently underway. Votes will be counted on May 23.

02 May 2019 12:16 PM

Share markets will have only three trading days this week with Monday and Wednesday being holidays due to general elections in Mumbai and Maharashtra Day, respectively.

Oil, rupee, Q4 earnings to drive markets in holiday-shortened week ahead: Experts

Investors will continue to track the ongoing quarterly results season and general elections.

28 Apr 2019 11:57 AM

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Columns

Mohan Guruswamy

PMI