Services sector still down in January, says Nikkei study

Services sector contracted for the third consecutive month in January as business flow failed to recover from demonetisation impact, even as muted inflationary pressure raised hopes for RBI......

July sees strongest service sector growth since October 2016

The headline seasonally adjusted Nikkei India Composite PMI Output Index, that maps both the manufacturing and services sectors, rose from 53.3 in June to 54.1 in July. Illustration: Uttam......

Sensex decline on fag-end selling; financial stocks drag

Benchmark stock indices Sensex and Nifty pared intra-day gains to close lower on Thursday due to last-hour selling in financial and metal shares. Photograph: Shailesh Andrade/Reuters The 30-share......

Growth finally back in services sector; PMI stood at 52.7

While manufacturing firms cut jobs for the first time in 20 months to sharply reduce costs, services providers continued their hiring spree. Growth returned to the services sector as activity......