Services

New business boosts India’s services PMI to 59.8 in November; composite index slips

India’s services PMI Business Activity Index rose to 59.8 in November from 58.9 in October, driven by stronger new business…

December 3, 2025 14:00 IST

Q2 equity FDI down 11% as tech, services lose steam

The auto industry received $1.5 billion, trading $2.7 billion, while non-conventional energy attracted $1.9 billion in FDI during the period.

December 1, 2025 22:08 IST

Jairam Ramesh says US HIRE Act could hit India’s IT, services sectors

HIRE Act was recently introduced by Senator Bernie Moreno in the US Senate. The Bill seeks to impose a 25…

November 4, 2025 13:05 IST

India's private sector growth remained strong in September but cooled from August's multi-year high

India’s private sector growth strong in September, but off multi-year highs recorded in August

India’s private sector growth cooled in September as PMI slipped to 61.9. Softer demand, weak job creation, and mixed inflationary…

September 23, 2025 10:57 IST

The HSBC India Services Purchasing Managers’ Index (PMI)

India Services PMI: India’s services sector accelerates to 60.5 in July on sharp increase in output

HSBC India Services PMI July 2025: India’s service providers recorded a rise in July with HSBC India Services Business Activity…

August 5, 2025 10:44 IST

services sector, services PMI, business activity, domestic orders, price pressures

India’s services sector accelerates to a 10-month high of 60.4 in June on healthy demand: PMI

India’s service sector recorded a rise in growth momentum in June with HSBC India Services Business Activity Index, or services…

July 3, 2025 11:22 IST

GDP, GDP growth, Japan economy, Indian economy, per capita income, global tech, Aadhaar, big data, artificial intelligence, corporate India, R&D technologies, manufacturing, inclusive growth

Strong rabi, soft services: India’s GDP growth projected at 6.9% in Q4FY25, full-year growth likely to decelerate, says ICRA

India’s GDP is expected to rise to 6.9 per cent on-year in Q4FY25 from 6.2 per cent in Q3FY25, ICRA…

May 19, 2025 17:32 IST

India’s services PMI rises marginally to 58.7 in April on growth in business activity

India’s service providers recorded a marginal rise in April with HSBC India Services Business Activity Index, or services PMI for…

Updated: May 6, 2025 12:48 IST

services sector, services PMI, inflation, demand, order, external orders, sales, new order, job creation

India’s services PMI declines marginally to 58.5 in March

The rapid expansion in India’s services sector cooled slightly in March to 58.5 amid softer demand, despite firms raising prices…

Updated: April 4, 2025 12:02 IST

manufacturing, services sector, output, private sector, new business intake, price trends, inflation, factory production, sales

India’s private sector sustains growth despite marginal dip in Composite Output Index to 58.6 in March: HSBC PMI

The HSBC Flash India Composite Output Index dropped marginally from February’s final reading of 58.8 to 58.6 in March.

March 24, 2025 13:25 IST

India’s business growth hits 6-month high on expansion in services activity even as manufacturing slows: HSBC Flash PMI

India’s private sector output witnessed the fastest increase in six months during February, with the HSBC Flash India Composite Output…

February 21, 2025 13:06 IST

economic data, data, PMI data, manufacturing PMI, services PMI, RBI MPC Minutes

Upcoming data to watch out for – February PMI, Forex Reserves, MPC Minutes on Friday

A host of data including PMI numbers for manufacturing and services sectors, foreign exchange reserves and also the Monetary Policy…

February 19, 2025 17:18 IST

Services PMI loses growth momentum as it drops to 2-year low of 56.5 in January

India’s services sector lost growth momentum in January with services PMI for the month dropping at 56.5 from 59.3 in…

Updated: February 5, 2025 11:25 IST

2025 begins with services sector losing steam: Services PMI hits 14-month low of 57.9 in January on weaker demand

India’s services sector witnessed its slowest growth rate in over a year in the month of January at 57.9.

January 24, 2025 14:26 IST

gig workers, hiring, jobs, industry, Niti Aayog, Blinkit, Swiggy Instamart, Zepto

Q-comm to drive 60 per cent surge in gig worker hiring in 2025

The overall gig worker demand across sectors grew by 25–30% in 2024, with quick commerce acting as the primary driver.

January 7, 2025 05:30 IST

Services PMI hits 4-month high of 59.3 in December on demand buoyancy

India’s services sector remained strong as it hit a 4-month high of 59.3 in the month of December. Survey participants…

January 6, 2025 13:32 IST

Swiggy, Swiggy Instamart, Blinkit, quick commerce, New Year, order, delivery, consumers

The q-commerce sector: Quick, quicker, quickest…

One additional stream that’s likely to complement the core revenues and speed up the path to positive unit economics, is…

December 26, 2024 02:30 IST

Industry, wipro, APMEA, global technology services sector,technology

Wipro appoints Ranjita Ghosh as global chief marketing officer

On 25 November, the company named Omkar Nisal as its new Europe chief executive officer, succeeding Pierre Bruno.

December 23, 2024 22:44 IST

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Explainer: Why IMF says India’s GDP data is C-grade

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The IMF has given India a C-grade for its national accounts statistics, raising concerns about data accuracy and credibility. This can impact global investor confidence and hinder evidence-based policymaking. The government is taking measures to improve data quality, which can boost economic performance and growth.

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