India economy news

India PMI | S&P Global: India’s April services growth at 5-month high amid mounting price pressures

by
India PMI | S&P Global: India’s April services growth at 5-month high amid mounting price pressures

India’s services sector’s growth has continued to gain momentum, with a surge in incoming new work boosting business activity and supporting a renewed increase in employment amid rising price pressures, data shows. India’s S&P Global PMI in the month of April stood at 57.9, up from 53.6 in March. Similarly, the composite PMI for the … Read more

Global businesses confident about investing in India, 44% business planning investments: Deloitte

by
Global businesses confident about investing in India, 44% business planning investments: Deloitte

Even as the Indian economy grapples with Covid-19 pandemic, global investors seem to be upbeat about investing in the country, a Deloitte global survey said. About 44% of the 1,200 business leaders surveyed globally are planning additional or first-time investments in India, the Deloitte survey –India’s FDI Opportunity – a global survey of multinational business … Read more