February Services PMI: In addition to this, the report adds that strong growth in services activity boosted the composite index to 59.0 in February from January’s 57.5
Chief Minister Ashok Gehlot, Leader of Opposition Gulab Chand Kataria and Local Self Government Minister Shanti Dhariwal will be present on this occasion, the official statement said.
Reflecting a moderate rate of expansion, the seasonally adjusted IHS Markit India Services Business Activity Index rose to 51.8 in February from 51.5 in January.
According to the data of the commerce ministry, the estimated value of services export in April-January 2022-23 is $272 billion
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 51.8 in February to 53.6 in March, pointing to the strongest rate of expansion since last December.
The seasonally adjusted India Services Business Activity Index fell to 51.5 in January, down from 55.5 in December, pointing to the slowest rate of expansion in the current six-month sequence of growth.
According to the survey, the domestic market was the main source of new business gains, as foreign sales decreased further at the start of the third fiscal quarter.
The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to a three-month low of 55.5 in December.
The seasonally adjusted India Services Business Activity Index rose from 55.2 in September to 58.4 in October, signalling the strongest rate of growth in...
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