India's services sector output growth accelerated to a three-month high in November as trade flows picked up significantly amid favorable demand conditions, a monthly survey said on Monday. This growth was indicated when the S&P Global India Services PMI Business Activity Index rose from 55.1 in October to 56.4 in November. Survey participants associate the latest expansion with demand strength, successful marketing, and continued growth in sales.
For the 16th consecutive month, the headline figure was above the neutral 50 range. In Purchasing Managers' Index (PMI) parlance, an index above 50 means expansion while a score below 50 indicates contraction. Pollyanna de Lima, associate director of economics at S&P Global Market Intelligence, said Indian service providers are expected to spend the most in 2022. continued to benefit from strong domestic demand, with PMI data showing a rapid growth in new business and output.
On the jobs front, continued expansion in new work and buoyant demand continued to drive job creation in the services economy. The survey said that employment grew at a solid pace which was the fastest in three years. On the prices front, service companies across India reported higher operating expenses. In addition to higher transportation costs, firms reported higher prices for energy, food, packaging, paper, plastic and electrical products.
RCB vs KKR: Virat Kohli and Gautam Gambhir will face each other after a year, both teams will take the field with this target
In IPL 2024, Royal Challengers Bangalore (RCB) will face Kolkata Knight Riders on Friday. Apart from this high-voltage match, all eyes will once again be on Virat Kohli and Gautam Gambhir. Last year,
Parliament: Nine Kashmiri Pandits were killed in three years, Minister of State for Home Nityanand Rai said in Rajya Sabha
Union Minister of State for Home Nityanand Rai has given an important information in the Rajya Sabha. He said that the total number of Kashmiri Pandits killed in the Valley during the last three years
Vivo X90 Pro: Vivo's new flagship phone launched with 120W fast charging and a powerful camera, know the price
Smartphone brand Vivo has launched its new flagship smartphone series Vivo X90 Series. This series has been introduced in the global market. Vivo X90 and Vivo X90 Pro have been launched under the Vivo
KKR vs SRH Playing 11: IPL Qualifier-1 match today, battle to reach the final directly between Hyderabad and Kolkata.
Kolkata Knight Riders, who are in excellent form, will face Sunrisers Hyderabad, the team that has scored a lot of runs this season, in the first qualifier of IPL on Tuesday. Both the teams
"Asia Cup 2025 T20: India Wins 8 of 10 Matches—Only Defeated by Pakistan and Sri Lanka"
Amid preparations for the Asia Cup 2025, the record of the Indian team and the schedule of upcoming matches have now become a topic of discussion for cricket fans. Team India has performed brilliantly
After the oil and tariff dispute, there will now be reconciliation, a deal finalised between India and America.
The friendship between India and America will soon be back on track. There are indications that the ongoing talks between the two countries regarding the trade agreement are in a very positive phase.
Ukraine Crisis: Ukrainian Army doctors struggling to save lives on the front line
The Russia-Ukraine war has been going on for a long time. Day by day the form of this war is becoming more fierce. In this fight, Russia is making rapid attacks on Ukraine. It's been 10 months since
P20 Summit: PM Modi inaugurates P20 conference; Its theme ‘Parliament for One Earth, One Family, One Future’
Prime Minister Narendra Modi on Friday inaugurated the ninth conference of the Presiding Chairmen of Parliaments of G20 member countries (P20) at the Yashobhoomi Convention Centre. Earlier, Lok Sabha
Uttarakhand Forest Fire: Incidents increased, forests burnt more, and death toll also increased... know the shocking figures
Four people died of burns while extinguishing the fire in the forest of Gairad. Forest department employees along with PRD jawans are also involved in this. The ever-increasing fire in the forests of
The faster the development was seen, the faster the devastation: Business stalled due to change of capital; The sales that used to happen in a day, now not even in a year
After the commencement of the work on the Amaravati capital in Andhra Pradesh, the life of the people changed as fast as the work stopped in 2019. It was being developed with the help of a Singapore
