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Services Sector

India's Services Sector Growth Falls To Four-month Low In July

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months

03 August 2022

Sanjoo Sharma

'In The Field Of BPO/KPO Radical Minds Become The Most Favourite, With Best Services And Generate Employment

Radical Minds, a leader in the BPO/KPO space, is creating a large number of new jobs. While many business establishments are shrinking due to the COVID crisis, this Gurugram based company is continuously spreading its wings....


For the eighth straight month, the services sector witnessed an expansion in output.

Services Sector Activities Rise In March Though Input Costs Touch 11-Year High: S&P Global

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.


Source: Shutterstock

Work Needs To Be Done To Prune GST Exemption In Services: Revenue Secretary

Addressing a CII interactive session, Bajaj said the effort is to remove the “rough edges” in Goods and Services Tax (GST) over the next two-three years

05 July 2022

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Operating Profit Growth Of Listed Firms Decelerated In Q4 Of FY22: RBI Data

The operating profit of manufacturing companies decelerated sharply to 7 per cent in the fourth quarter of last fiscal as against 70 per cent in the corresponding quarter of the preceding fiscal


PMI reading of more than 50 indicates expansion while a level below 50 reflects contraction.

Services Sector Activities Expand Modestly In February, Says Survey

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.

04 March 2022

Source: Shutterstock

Services Sector PMI Hits 11-Year High In June Amid Mounting Cost Pressures

For the eleventh straight month, the services sector witnessed an expansion in output. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction

05 July 2022

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India's Services Sector Activity Expands At Fastest Pace in 10.5 Years In Oct: PMI

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 ten-and-a-half years.

03 November 2021

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