We have launched our mobile app, get it now. Call : 9354229384, 9354252518, 9999830584.  

News in Short

Filter By Date

Filter By Date

India’s service sector activity growth hits 7 year high

Date: 06 February 2020 Tags: Reports & Indices
  • India's services sector activity surged to a seven-year high in January driven by sharp increase in new business orders, leading to job creation and business optimism.
  • Fresh business orders were mainly generated domestically, as exports decreased at the start of the year. This was due to weaker demand from China, Europe and the US.
  • The Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in December to a seven-year high of 56.3 in January.