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Latest Articles in services sector

Weak Indian Demand Drags March Services Growth To Six-Month Low: PMI

The index change "was partly caused by waning new business growth, with further increases to output prices perhaps contributing to the slide

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India Services Activity Accelerates In February As Demand Strengthens

That could be of concern as the services sector contributes about 35 per cent of total employment and 60 percent to the country's gross domestic product

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India's Services Activity Dips In December, But Firms Step Up Hiring

The Nikkei/IHS Markit Services Purchasing Managers’ Index declined to 53.2 in December from November’s four-month high of 53.7, but remained above the 50 mark threshold that separates growth from contraction for the seventh consecutive month

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Services Growth Slows In August On Weaker Demand, Rising Input Prices

The new reading was the lowest since May but remained above the 50-mark that separates growth from contraction for a third straight month

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India Services Activity In June Expands At Fastest Pace In A Year

The recovery in services firms' activity, along with a robust pace of manufacturing growth reported on Monday lifted the composite PMI to 53.3, its highest level since October 2016

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Indian Labour More Interested In Freelancing Work: Indeed

The leading sector in terms of job flexibility, as data from Indeed indicates, is the Service sector, with the role of Examiner offering flexible work arrangements in 75.2 percent of all job postings

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India Services Activity Rises In October On Higher Demand

Services demand has been recovering since September and the latest survey showed the new business sub-index, a proxy for both domestic and foreign demand, rose to 51.5 in October from 51.1 a month befor

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Hiring Outlook Rebounds Across Sectors; Services Industry Tops The Chart

The survey conducted on 5,005 employers indicates hiring outlook has rebounded slightly from the prior quarter. Once the data is adjusted to allow for seasonal variation, employers report an Outlook of +19 percent

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Indian Service Sector: Poised To Take Off

India’s services sector attracts 20 per cent of India’s total FDI and investors find it appealing because of its global stature supported by a strong IT structure

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Sensex Edges Up 36 Points In Range-Bound Trade, Global Cues

The 50-share Nifty managed to maintain its key 9,600-mark and scaled a high of 9,643.65 before finally ending at 9,637.60, up 24.30 points, or 0.25 per cent.

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India's June Services Activity Hits Eight-month High On Solid New Orders

Activity in India's dominant service sector expanded at its fastest pace in eight months in June as new business orders surged

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Services Activity Expands Again In March, Index Reaches Five-month High

India's services industry in March continued to recover from November's shock big currency-note ban, with business activity expanding for a second month and at a faster pace, a private business survey showed on Thursday

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Services Activity Grows For First Time In Four Months As Demand Slowly Recovers

India's dominant services industry returned to growth in February for the first time in four months as demand slowly recovers after the government's cash crackdown late last year, a private business survey showed on Friday

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Services Activity Contracts For Second Month In December After Cash Ban

India's services industry ended 2016 on a sour note, contracting for a second month in a row in December as orders shrank amid a severe cash shortage, a private business survey showed on Wednesday

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Services Sector Set To Benefit From Global Trade

Services expected to form 25 per cent of global trade in a sustained manner by 2030, driven by growth in B2B and ICT

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