Services sector activity in India rose to a three-month high in November on strong demand. The S&P Global India Services PMI business activity index rose to 56.4. It was 55.1 in October. The Services PMI is above 50 for the 16th consecutive month.
A PMI above 50 indicates expansion and a reading below it indicates contraction. Indian service providers continued to benefit from strong domestic demand, with a sharp increase in new business and production, said Pauliana de Lima, joint director of economics at S&P Global Market Intelligence. The growth rate is at a three-month high despite higher operating expenses. The fresh demand remains due to successful marketing and steady growth in sales, said, survey participants. Lima said employment has grown at a solid pace. Its pace has been the fastest in three years in November. The Composite PMI Manufacturing Index of S&P Global India stood at 56.7.
Salman Khan's security has been given top priority amid threats from the Lawrence Bishnoi gang in
IPL star and Sixer King Rinku Singh is ready to rock the series starting in Sri Lanka with his ba
Chennai Weather: After the rains in many states across the country, the weather has become quite
America has said in a report that China has threatened its officials. He has warned American offi
Friday is the 10th day of the Bharat Jodo Yatra in Madhya Pradesh. Rahul Gandhi's yatra reached A
Pakistan's start in the T20 World Cup 2024 has been very embarrassing. Co-host USA defeated Pakis
Russian President Vladimir Putin announced on Thursday night that his army will not attack Ukrain
Amidst the Lok Sabha elections, the BJP is continuously accusing Congress that in Congress-r
Shardiya Navratri 2023 Day 2: Shardiya Navratri is celebrated every year from Pratipada Tithi of
US Ambassador to India Eric Garcetti said on Tuesday that President Joe Biden told him that India
