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Services sector rebounds on new business orders

Services sector rebounds on new business orders

Services sector increased to 50.8 in July from 47.7 in June.

'Services growth at eight-month high in Februay'

The HSBC Services Purchasing Managers` Index, which surveys around 350 private companies and is compiled by Markit, rose to 53.9 in February from 52.4, its highest since June 2014. A reading above 50 indicates growth.

Indian services growth slowed to 13 month low in Nov: HSBC

The index has witnessed significant decline in the last two months after registering the fastest pace of growth in in September.

Service sector growth slows to 6-month low in October

India's services sector slowed in October - registering the slowest pace of growth since April - amid decline in new orders and hiring levels, an HSBC survey said.

Services PMI shrinks to lowest in 2-1/2 years

India's service sector contracted for a second straight month in October, as new business grew at its weakest pace since May 2009, a survey showed on Thursday, dragged by sagging global demand and tight monetary policy.