Services output in April expands at fastest rate in nearly 13 years
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
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India's service sector growth recovers in October
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from September's six-month low of 54.3 to 55.1 in October.
Services activity expands at fastest rate in 11 years
Inflation outlook, however, worsened as input prices rose at the sharpest pace in the survey history.
India's April services PMI at 5-month high
Employment rose for the first time in five months, but business sentiment was restrained by inflation concerns, says survey.
Marginal growth in India’s service sector in Feb; job losses continue
The marginal growth in India's services PMI was attributed by panellists to greater bookings, better demand conditions and the retreat of the pandemic.
