Service Pmi
India's business activity surges to 14-year high in April: PMI Data
Driven by robust demand in both manufacturing and service sectors, PMI in April climbed to 62.2 from March's final reading of 61.8
Services PMI at 12-yr high of 59.4 in Feb on strong demand, easing prices
Strong demand, easing price pressures amid mild job creation drive index
 "Services PMI at 12-yr high of 59.4 in Feb on strong demand, easing prices")
India's services PMI activity in Feb grows at its fastest pace in 12 years
The S&P Global India Services Purchasing Managers' Index rose from 57.2 in January to 59.4 in February, its highest since February 2011 and considerably above all forecasts
 "India's services PMI activity in Feb grows at its fastest pace in 12 years")
China's services activity shrinks in Dec as surging Covid cases hit demand
The Caixin/S&P Global services PMI rose to 48.0 in December from 46.7 in November, but remained below the 50-point mark, which indicates contraction in activity, for a fourth straight month
 "China's services activity shrinks in Dec as surging Covid cases hit demand")
India's services activity cools to 6-month low in Sep; job creation slows
PMI for services sector released by S&P Global dipped to 54.3 in September from 57.2 in August as weak external demand weighed on overall sales, with international order declining during the month
 "India's services activity cools to 6-month low in Sep; job creation slows")
Top headlines: Ambani is richest Asian again, PMI rises to 11- year high
Mukesh Ambani on Friday regained his spot as Asia's richest man, surpassing his rival Gautam Adani, as a report said that the difference between the two billionaires was 'just $1 billion
 "Top headlines: Ambani is richest Asian again, PMI rises to 11- year high")
Omicron spread: Services PMI falls to six-month low in January
India's services sector activity moderated to a six-month low in January, amid imposition of restrictions across the country due to the Omicron variant as well as inflationary pressures
 "Omicron spread: Services PMI falls to six-month low in January")
Services PMI moderates to three month low in December amid Omicron fears
Data released by the analytics firm IHS Markit showed that the Purchasing Managers' Index (PMI) for services fell to 55.5 in December from 58.1 in November
 "Services PMI moderates to three month low in December amid Omicron fears")
Markets greet new year with euphoric rally; Sensex rises 929 points
The macroeconomic data helped investors overlook the impact of the rising Covid cases and new restrictions imposed by many states
 "Markets greet new year with euphoric rally; Sensex rises 929 points")
PMI: Services activity expands in November but records slight dip
Ahead of MPC meet, data shows input price pressures rise
 "PMI: Services activity expands in November but records slight dip")
Services PMI rises to over a decade high of 58.4 in October
Inflation at six-month high keeps business confidence muted but companies generate highest employment since pre-Covid period of February 2020
Wall Street rises as Fed, PMI give boost; global share mkts also up
The market is still feeling the aftereffects of the Fed's surprise projection last week for rate hikes as soon as 2023, which knocked stocks
 "Wall Street rises as Fed, PMI give boost; global share mkts also up")
PMI services expand at a slower pace in March on surge in Covid cases
The IHS India Services Business Activity Index eased to 54.6 in March from 55.3 in February, suggesting moderation in growth
 "PMI services expand at a slower pace in March on surge in Covid cases")
Covid-19 slows India's services activity slightly in March: PMI report
Firms continued to bear elevated cost pressures but only passed some of it to consumers to stay competitive
Services PMI rises to 55.3 in February on boom in domestic demand
The index was above the critical 50 mark that separates growth from contraction for the fifth month in a row during February
 "Services PMI rises to 55.3 in February on boom in domestic demand")
Manufacturing activity loses pace in Nov, falls to three-month low: PMI
While all three broad areas of the manufacturing industry recorded expansion, consumer goods segment led the growth, the only sector to see a stronger rate of increase
 "Manufacturing activity loses pace in Nov, falls to three-month low: PMI")
India's manufacturing PMI loses steam slips to three-month low in November
The companies indicated that sales growth was underpinned by resilient demand, though curbed by the Covid-19 pandemic
 "India's manufacturing PMI loses steam slips to three-month low in November")
India's factory activity falters in November as Covid-19 fears persist: PMI
Asia's third-largest economy and the second most affected country by the pandemic contracted 7.5% in the July-September quarter
 "India's factory activity falters in November as Covid-19 fears persist: PMI")
Services activity grows for first time since Feb, PMI hits 54.1 in Oct
As in the manufacturing sector, employment declined for successive months in services sector too.
 "Services activity grows for first time since Feb, PMI hits 54.1 in Oct")
July manufacturing PMI falls to 46; overall activity shrinks for 4th month
Job losses continue as domestic demand struggles as lockdowns return in states and export orders vanish
 "July manufacturing PMI falls to 46; overall activity shrinks for 4th month")
