Page 4 of PMI

services sector, PMI, business activity, inflation, marketing initiatives, new business, employment

India’s services sector PMI declines to three-month low of 58.5 in June

The latest reading also marked the 23rd successive months of growth with headline figure above the neutral 50 threshold, supporting…

July 5, 2023 11:56 IST

Lloyds Metals, operating performance, DRI production, iron ore production, monthly production, geographical reach, power plant

June manufacturing activity stable, business confidence at 6-month high

The seasonally adjusted S&P Global India Manufacturing PMI to 57.8 in June fell from 58.7 in May. According to the…

July 3, 2023 14:17 IST

India’s services sector output increases at 2nd-fastest pace in close to 13 years in May: PMI

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 62 in April to 61.2 in May.

Updated: June 5, 2023 12:14 IST

India’s manufacturing PMI hits 31-month high in May on substantial improvement in operating conditions

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose from 57.2 in April to 58.7 in May,…

Updated: June 1, 2023 12:18 IST

India’s services sector growth climbs to near 13-year high in April: PMI

The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April,…

Updated: May 3, 2023 11:40 IST

India’s manufacturing PMI hits 4-month high in April on new orders, favourable market conditions

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) increased from 56.4 in March to 57.2 in April,…

Updated: May 1, 2023 12:12 IST

manufacturing, PMI, improved output, new orders, economy, production, overall demand, hiring, job market, inflation, raw material costs

India March factory activity hits 3-month high, but job cuts resume

The Manufacturing Purchasing Managers’ Index compiled by S&P Global increased to 56.4 in March from February’s 55.3, remaining above the…

April 3, 2023 10:47 IST

Experts call for cost optimisation to drive the adoption of electric commercial vehicles

The experts debated that the electric commercial vehicle industry will need to focus on cost optimisation without compromising on quality.

March 21, 2023 10:30 IST

Services activity growth fastest in 12 years; new orders rebound, costs ease, Feb PMI beats estimate

February Services PMI rose against Reuters poll expectation of a fall to 56.2. Meanwhile, capacity pressures remained mild and jobs…

March 3, 2023 12:46 IST

India’s manufacturing PMI shows steady growth in February

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was at 55.3 in February, little-changed from 55.4 in…

Updated: March 1, 2023 12:26 IST

PMI Electro becomes first OEM in India to record 1,000 e-bus delivery milestone

As per the company, each electric bus can save upto 28,000 kg of CO2 a year, translating to an overall…

February 8, 2023 13:35 IST

Services PMI eases in January

There were mild capacity pressures among companies, as backlogs rose further, but there was little change to employment levels.

February 4, 2023 05:45 IST

India’s services sector growth eases slightly in January

The seasonally adjusted S&P Global India Services PMI Business Activity Index fell from 58.5 in December to 57.2 in January.

Updated: February 3, 2023 12:02 IST

PMI, services sector, growth, demand, output growth, expansion, year end outlook, finance, insurance, real estate

Job creation grows, services PMI rises at fastest pace in 6 months in December led by robust demand

S&P Global India Services PMI Business Activity Index roe from 56.4 in November to 58.5 in December. This shows the…

January 4, 2023 11:23 IST

India’s manufacturing PMI hits 13-month high in December on rise in new orders, strong demand

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.8 in December, up from 55.7 in…

Updated: January 2, 2023 13:24 IST

India Services PMI gains momentum, business inflows highest in 3 months on sustained demand, upturn in sales

The S&P Global India Services PMI Business Activity Index grew from 55.1 in October to 56.4 in November, due to…

Updated: December 5, 2022 11:40 IST

Manufacturing sector continues to be resilient, Nov PMI advances to 55.7

Companies were also aided by a substantial cooling of cost pressures in November, a factor that prompted them to purchase…

Updated: December 1, 2022 11:09 IST

Indian share markets remain attractive despite run up as economic data favourable

Among the overseas markets, the US market slipped 1-3% against the previous week close after the US Fed hiked interest…

November 7, 2022 10:43 IST

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Lock into a forward contract to contain overseas study bills

Business News52 min ago

Parents need to plan for their children’s education abroad as the rupee continues to weaken. A 5% depreciation in the rupee can increase the cost of a $50,000 fee by over Rs 2 lakh. To mitigate this risk, parents should hedge against currency fluctuations using a forward contract and a forex card. These tools allow them to lock in exchange rates and protect their budget from currency shocks.

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