The Nikkei India Services PMI posted above the critical 50.0 level, which separates growth from contraction, for the fourth month running in May.
The services sector had slipped into contraction in July as confusion caused by the GST rollout triggered a dip in new business orders.
The improvement in business conditions promoted job creation, while confidence towards the year-ahead outlook for activity was at a four-month high during March.
The Nikkei Markit India Manufacturing Purchasing Managers' Index (PMI) -- an indicator of manufacturing activity -- declined from 52.5 in April to a three-month low of 51.6 in May.
M&M will close down GenZe, an e-scooter business in California, because it is unlikely it would stand on its own feet, and is ahead of its time.
The Nikkei India Services Purchasing Managers' Index, which tracks the services sector firms on a monthly basis, stood at 50.3 in February, up from 48.7 registered in January.
The Nikkei India Services Purchasing Managers' Index, which tracks services sector companies on a monthly basis, stood at 52 in September, down from August's 43-month high of 54.7, pointing to a slower and moderate rate of expansion.
With factory production, activities across the private sector saw the biggest drop in over three years
The mismatch between PMI and core sector could also be due to the fact that while core sector is calculated year-on-year, PMI is calculated month-on-month.
Currency scarcity weighed on manufacturing performance where growth of new work flows slowed
Pakistan is negotiating with Russia on acquiring an unspecified number of Su-35 'Flanker-E' multi-role fighter aircraft in potentially the largest military deal between the two Cold War-era adversaries, according to a leading defence weekly.
French carmaker Renault is developing an even smaller sport utility vehicle Captur after the successful launch of the Duster in 2012.
Ride-hailing firms claim penetration is still low and there is a huge upside to grow the market and make owning a car pass.
The move is prompted by the disruption in the car usage pattern caused by the app-based ride-hailing companies such Ola and Uber
The 23-year-old winner is on her way to becoming a dental surgeon and is extremely fond of cats. Imagine having this beauty peering at your teeth?
It is betting on enterprise services and new launches to revive demand. But are the measures enough to steal a march on established players like Samsung and Micromax?
The government recently announced a new formula for determining the price of natural gas, lowering it from $8.4 suggested by the C Rangarajan committee.
Currently, Maruti Suzuki has 14 car brands, but it has decided to expand into some new segments.
CRR to remain unchanged at 4.00 pc this fiscal
It's a bold marketing move for the locally-produced light combat aircraft.
In the past four months, launches of luxury and super luxury cars have sped ahead of non-luxury ones.
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
Code-named Pelican, bigger hatchback with new petrol and diesel engines may hit the road next year.
'Surely, Syrian President Bashar al-Assad will not be able to pay or compensate the Russians for deployment and use of Russian men and equipment,' says Brigadier S K Chatterji (retd).
SAAB's Sea Gripen constitutes a new option as the INS Vikrant's light fighter
While the government had in June approved a new formula for pricing of all domestically produced natural gas, the Cabinet yesterday allowed the same principles to also be applied to Reliance Industries' currently producing fields in KG-D6 block subject to certain conditions.
This means lower losses on fuel sales by Indian oil companies and a shrinking oil subsidy bill for the government.
Faced with stricter recall & testing norms, industry puts up a brave face, saying recalls improve consumer confidence
Maruti is trying to move up the segment by focusing on premium cars, SUVs and even trucks.
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