Page 2 - Service Pmi

India's services activity stayed in deep contraction in June: PMI

June was the fourth straight month the index was sub-50, the longest such stretch since a ten-month run to April 2014

Service activity continues to contract in May due to lockdown, PMI at 12.6

Job losses across services sector continue as foreign orders remain missing

Fiscal prudence still matters

Govt will need to spend more, but should credibly commit through institutional reform to future transparency and prudence

Top headlines: Biz sentiment sinks to record low, Moody's outlook on banks

Business Standard brings to you the top headlines of the day

India services PMI expands at fastest pace in 5 months on buoyant demand

Demand rose at the fastest pace in more than three years

Services PMI contracts for second straight month in October on muted demand

Anecdotal evidence highlighted subdued demand conditions, competitive pressures and a fragile economic situation

Services sector activity contracts in June; first time since May 2018: PMI

The IHS Markit India Services Business Activity Index fell to 49.6 in June, down from 50.2 in May

Services sector growth at 7-month low in April, hit by Lok Sabha polls

The dominant sector of the Indian economy saw PMI for April go down to 51, after hitting 52 in March