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India's service sector growth slumps to 17-month low

Last Updated: Wednesday, April 03, 2013, 11:11

The country's private sector output for the month of March witnessed the slowest rate of expansion in 17 months owing to a significant decline in new business orders, an HSBC survey said on Wednesday.

India's service sector growh declines in February

Last Updated: Tuesday, March 05, 2013, 11:59

The robust pace of growth in the services sector witnessed in January could not be sustained in the month of February as there was a decline in new business orders.

India's service sector growth rises to 12-month high in January

Last Updated: Tuesday, February 05, 2013, 12:12

The country's services sector grew at the fastest fastest pace in the past 12 months in January driven by an increase in new business orders, the HSBC purchasing managers index (PMI) data said on Tuesday.