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2 mins read
India's services sector activity slips to 10-month low in Sep as new orders, international sales decline
The seasonally adjusted HSBC India Services Business Activity Index fell from 60.9 in August to 57.…
PTI
2 mins read
India's economic momentum stays strong with composite PMI at 60.7 in July 2024: Anand Rathi report
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven con…
ANI
2 mins read
Rupee rises 3 paise to end at 83.43 against US dollar
At the interbank foreign exchange, the domestic unit opened at 83.40 and moved in the range of 8…
PTI
2 mins read
Rupee falls 3 paise to settle at 83.46 against US dollar
The rupee stayed range-bound and closed 3 paise lower at 83.46 (provisional) against the US dollar …
PTI
2 mins read
India's Jan services PMI hits 6-month high amid strongest upturn in new business since mid-2023
The services sector growth in India rose to a six-month high in January as new business expanded at…
PTI
2 mins read
Sensex soars to 84,928, Nifty settles at 25,939 as stock market closes at all-time high
The stock market closed in the green, with benchmark indices hitting new all-time highs at the end …
ANI
2 mins read
Services sector activity in India hits 7-month low in Oct on softer increase in output, new business
The services sector growth in India fell to a seven-month low in October on softer increase in outp…
PTI
4 mins read
With Fed rate cuts imminent, what can you expect from the Indian markets next week?
Experts now believe a 25-basis point reduction in interest rates is imminent, since some positive c…
2 mins read
Indian stock market will be looking at global cues in upcoming week, say analysts
After witnessing a strong rally on Friday, several market analysts have expressed a positive outloo…
ANI
2 mins read
US businesses are growing faster than ever as the economy reawakens
A reopening began in March, and several indicators of US business activity hit record highs in Apri…
Ben Winck
2 mins read
Omicron shut down the economic recovery in January, sending private-sector growth to its weakest level since July 2020
IHS Markit's measure of overall business growth showed output slowing to 50.8 in January and teeter…
Ben Winck
2 mins read
US business output climbs the most in nearly 6 years as services bounce back, IHS Markit says
While service-sector activity rebounded in a February reading, hiring didn't show a similar jump am…
Ben Winck
2 mins read
Rupee tumbles 31 paise to close at all-time low of 84.03 against US dollar
Forex traders said the downfall in the domestic unit came on the heels of a sharp downturn in the I…
PTI
4 mins read
With stock markets crashing worldwide, are fears of a recession loading in the US pre-mature?
Even Goldman Sachs economists have upped the probability of recession hitting the US by 2025 to 25%…
2 mins read
US services expand at the fastest pace since 2014 amid surging demand, IHS says
The Institute for Supply Management's own services gauge signaled weaker growth due to supplier con…
Ben Winck
2 mins read
US business activity falls to 3-month low as virus cases slam recovery momentum, IHS says
While manufacturers saw only a slight dip in activity, stricter lockdown measures and rising costs …
Ben Winck
2 mins read
US economic recovery weakens with election and pandemic presenting new risks, IHS Markit says
IHS Markit's Composite PMI sank to 54.4 in September from 54.6, signaling the US rebound continued,…
Ben Winck
2 mins read
India's service sector grew the strongest in almost 11 years this October
New Delhi, Nov 3 (PTI) India's services sector activity expanded at the strongest pace in ten-and-a…
PTI
2 mins read
Key indicators hint the supply-chain crisis is over and inflation will cool off soon
US manufacturers have more products on hand and orders are slowing down. The supply crisis could gi…
Ben Winck
2 mins read
US factories struggle to meet demand as shortages slam production
Hiring difficulties, ballooning order backlogs, and supply-chain disruptions plagued factories in A…