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.
In the northeastern state of Manipur, the process of violence between caste conflicts is not taki
Seven tourists were killed and 13 injured when a massive avalanche hit the Jawaharlal Nehru Marg
IT company Accenture is going to cut 19000 jobs, fear of recession
A piece of bad news has come for the employees working in the IT company Accenture. Accenture is
Pali MP Khel Mahakumbh is going to be organized at Bangar Stadium in Pali City on Saturday. More
The tension in Iran-Israel (Iran-Israel conflict) has now turned into a war. Iran's Supreme Leade
In the initial episodes of Bigg Boss 18, the contestants started fighting with each other. Not ev
A new government has been formed in Bihar. Nitish Kumar and his cabinet colleagues took the oath
China is continuously increasing its military power. The matter of concern for the world includin
The Online Gaming Promotion and Regulation Bill, 2025, has now become a law after the President's
The contest has become interesting after the Aam Aadmi Party entered the fray in the Gujarat asse
