Service Sector | The Asian Age

Tuesday, Apr 16, 2024 | Last Update : 12:23 PM IST

service sector Page-2

A new business sub-index that tracks overall demand jumped to 51.7 from 50.0 in December.

Stronger orders drive January services growth to three-month high: PMI

Overall performance of the service sector remained weaker than the long-run growth trend.

05 Feb 2018 12:09 PM

Annual consumer inflation was at a seven-month high of 3.58 per cent in October and is likely to breach the Reserve Bank of India’s 4 per cent target in the next few months. (File Photo)

India services activity slumped in November on higher prices

November’s Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 48.5 its lowest since August from 51.7 in October.

05 Dec 2017 11:00 AM

In August 2017 services export was USD 13.7 billion while the import came in at USD 8.66 billion. (File Photo)

India services export flat at $14 bn in Sep, import grows

The services sector contributes to about 55 per cent in India's gross domestic product.

14 Nov 2017 2:29 PM

RBI kept its policy rate steady at a near seven-year low of 6.00 per cent on Wednesday.

Services activity returns to growth in Sept on stronger demand: PMI

Implementation of GST on July 1 which aimed to unify multiple taxes, have also cast a shadow on economic growth.

05 Oct 2017 11:04 AM

PMI Business Activity Index improved slightly from 45.9 registered in July to 47.5 in August.

Services sector contracts for 2nd month in August on GST woes

PMI Output Index rose from July's 100-month low of 46.0 in July to 49.0 in August.

05 Sep 2017 11:25 AM

FPIs have ploughed in over Rs 13,000 crore in debt markets during this period.

Growth worries spook FPIs, August net equity outflow at $2 bn

The total investment in equity markets stood at Rs 48,329 crore (USD 7 billion) this year.

27 Aug 2017 12:23 PM

PMI data for July highlight a reversal in fortunes across India.

Services sector contracts by most in 4 years on GST woes: PMI

PM a measure of services sector output on a monthly basis plunged to 45.9 in July.

03 Aug 2017 6:16 PM

Modi's decision sucked 86 per cent of cash out of circulation, causing huge disruptions to daily life and business activity.

Service sector growth nearly stalls in April: PMI

A composite PMI, which includes both manufacturing and services, fell to 51.3 last month from 52.3 in March.

04 May 2017 11:24 AM

NITI Aayog Vice Chairman Arvind Panagariya.

Need to focus more on manufacturing sector: Panagariya

Manufacturing leg is more important because it creates more jobs.

03 May 2017 9:54 AM

Whilst the USD value of global merchandise exports has probably contracted by about 3 per cent this year, cross-border sales of services

Services to form 25 pc of global trade by 2030: HSBC

The value of global goods exports is expected to recover gradually to expand by 3 per cent in 2017 and then 6 per cent a year to 2030.

18 Dec 2016 11:15 AM

The index has registered a contraction for the first time since June 2015 and marked the sharpest reduction in output in almost three years.

Note ban's first casualty, services PMI falls in Nov

'Worst' reduction in output in almost three years means companies were badly affected by demonetisation.

05 Dec 2016 11:21 AM

2 of 2

Columns

Aakar Patel