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Services sector activity News

India services sector activity

03 Sep 2020

India’s services sector activity better in August, says monthly survey

The seasonally adjusted India Services Business Activity Index rose sharply from 34.2 in July to 41.8 in August. The Indian services sector activity contracted for the sixth successive month in August though. A print above 50 means expansion and a score below that denotes contraction.

05 Jul 2017

India's services sector growth rises to 8-month high in June

Services sector activity in India rose to an eight-month high of 53.1 in June, driven by a sharp jump in new work orders, suggesting an economic rebound going forward.

India's services sector growth

05 Jun 2017

India's services sector growth in May fastest in 4 months

Services sector activity in India grew at the fastest pace in four months in May riding piggyback on higher work orders as companies inducted more people to cope with greater workloads, a monthly survey said on Monday.

03 Feb 2017

India's services sector contracts for 3rd month in January, rebound likely

ndia's services languished, with new business orders falling for the third straight month, amid muted inflationary pressure that could offer RBI much room to remain accommodative in its next policy meet next week.

04 Jan 2017

Indian services sector contracts for 2nd month in December

The index that slipped into contraction territory in November remained in that zone as the rupee ban led to the sharpest fall in new business since September 2013.

03 Nov 2016

India's service sector activity in October gathers pace

Services sector activity in the country gathered pace in October, driven by sharper increase in new business orders amid strong demand and improved market conditions.

Foreign capital inflows

08 Aug 2015

Sensex extends gains for second straight week, up 122 points

Foreign capital inflows and rise in services sector activity last month also boosted market sentiment.

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