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India's Dec services PMI hits 3-month high on sharp rise in new orders amid positive demand - Vimarsana News

India's Dec services PMI hits 3-month high on sharp rise in new orders amid positive demand

(This story has not been edited by THE WEEK and is auto-generated from a PTI

Source: theweek.in
services sector | India's December services Purchasing Managers' Index hits 3-month high on sharp rise in new orders amid positive demand - Vimarsana News

services sector | India's December services Purchasing Managers' Index hits 3-month high on sharp rise in new orders amid positive demand

The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 56.9 in November to 59 in December, highlighting a sharp increase in output that was the most pronounced since September

Buoyant economic conditions boost India's services sector - Vimarsana News

Buoyant economic conditions boost India's services sector

The services sector growth in India rose to a three-month high in December supported by favourable economic conditions and positive demand trends, a monthly survey said on Friday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 56.9 in November to 59 in December, highlighting a sharp increase in output that was the most pronounced since September. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction.

Source: rediff.com
London stocks eye weekly gains as cenbank fest ends - Vimarsana News

London stocks eye weekly gains as cenbank fest ends

* FTSE 100 flat, FTSE 250 adds 0.4% *...