Biggest News Aggregation in the World
📰 Ines Lam News

Ines Lam News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Ines Lam. Real-time updates on events, politics, business and more.

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

India's services sector growth hits 13-and-a-half-yr high in Mar

Indias services sector witnessed one of the strongest growth rates in over 13-and-a-half years in March on the back of strong demand that spurred sales and business activity, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services Business Activity Index rose from 60.6 in February to 61.2 in March, one of the strongest expansions in total sales and business activity in close to 14 years. In the Purchasing Managers Index (PMI) parlance, a print above 50 means expansion, whi...
Services Photograph India Services Business Activity Index Services Business Activity Index Purchasing Manager Index Ines Lam Business News
Source: rediff.com

Services sector growth picks up in March on robust demand

The seasonally adjusted HSBC India Services Business Activity Index rose to 61.2 in March from 60.6 in February. The performance was largely attributed to healthy demand conditions, efficiency gains and robust sales. The HSBC India Composite PMI Output Index rose to 61.8 in March from 60.6 in February, the second-strongest growth in over 13-and-a-half years. A reading above 50 indicates expansion.
India Services Business Activity Index Services Business Activity Index Ines Lam

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science