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Latest Articles in IHS Markit Services

India's Services Sector Loses More Steam In December, Job Cuts Resume

India has the second-highest number of coronavirus infections in the world. On Sunday it approved two coronavirus vaccines for emergency use but it could take years to vaccinate over 1.3 billion people with its rudimentary healthcare system.

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Indian Services Industry Lost Some Steam In November

Asia's third-largest economy, which fell into recession last quarter for the first time since at least 2012, is expected to recover only modestly early next year and won't reach pre-COVID-19 levels any time soon.

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Indian Production Growth Eases Amid Export Decline In March: IHS Markit

IHS Markit is a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide.

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Solid Rise In Factory Orders Boosts Production Growth At 2019-End: IHS Markit

Rising from 51.2 in November to 52.7 in December, the headline seasonally adjusted IHS Markit India Manufacturing PMI pointed to the joint-strongest improvement in the health of the sector for ten months.

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Green Shoots or False Dawn?

India’s population is the youngest among all major world economies – its median age is 28 against 37 for China and 38 for the United States. This demographic advantage won’t last forever.

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Indian Services Firms Bounce Back To Growth In December

Other services firms continued to suffer from disruptions caused by confusion over how to implement a sweeping new national goods and services tax, which delayed payments between businesses, clients and suppliers

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