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2 mins read
Sensex hits record high on overall firm macro-economic conditions
Indian stock indices, which have been buoyant over the past several sessions, touched their all-tim…
ANI
2 mins read
Services are roaring back to life in a 'post-Omicron rebound' according to one of the most closely watched business surveys
A popular gauge of service-sector health just improved for the first time in three months. Manufact…
Ben Winck
3 mins read
Inflation, weather and more push July services sector growth to a 4-month low
India's services sector lost momentum in July as demand was curtailed by competitive pressures, el…
PTI
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
1 min read
Nifty, Sensex extend gains for 2nd session on fresh foreign fund inflows; IT stocks shine
Benchmark stock indices, the Sensex and the Nifty, closed higher for a second straight day on Frida…
PTI
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
1 min read
India's services sector growth surges to 13-yr high in Sep: S&P survey
India's services sector grew at a robust pace in September, as a positive demand environment booste…
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
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 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 falls 18 paise to close at 81.85 against US dollar
The rupee depreciated 18 paise to close at 81.85 (provisional) against the US dollar on Wednesday o…
PTI
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
1 min read
Rupee falls 32 paise to close at all-time low of 81.94 against US dollar
At the interbank foreign exchange market, the local currency opened on a positive note at 81.52,…
PTI
2 mins read
The backbone of the US economy roared back to life at record speed in March
The Institute for Supply Management's gauge of the service industry - which counts for 70% of US ou…
Ben Winck
2 mins read
US service sector expands at fastest pace since September as holiday season lifts activity
While supplier deliveries and business activity improved, ISM's gauge of employment entered contrac…
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
US service-sector recovery slows in August as pandemic fears weigh on spending
The Institute for Supply Management's service sector gauge fell for the first time in four months t…
Ben Winck
2 mins read
Business owners say inflation is pulling the US recovery back into a rut after a post-Omicron surge
S&P Global's index of US business output fell in April, missing forecasts and signaling the weakest…
Ben Winck
2 mins read
Indian services sector activity broadly stabilised in September, but job losses continue to widen
The seasonally adjusted India Services Business Activity Index rose for the fifth straight month in…
PTI
2 mins read
China's manufacturing activity shrinks in September, running at its slowest pace since the start of the pandemic due to the country's energy crunch
Manufacturing data from China is reflective of the impact of the recent energy crunch on production…