India’s services sector activity, as measured by the Purchasing Managers’ Index (PMI), reached a 13-year high of 62 in April, according to data released by the S&P Global on Wednesday, despite rising cost pressures for the beginning month of fiscal 2023-24. The seasonally adjusted Services PMI was up from 57.8 in March, supported by healthy inflows of new businesses and favourable market conditions. The latest April value signalled the fastest pace of expansion in output since June 2010. A PMI reading above 50 indicates an expansion in services activity.
India
India’s Nominee Dalveer Bhandari re-elected to ICJ
Bhandari secured 183 of the 193 votes in the General Assembly and all 15 votes in the Security Council Prakash M Swamy UNITED NATIONS (TIP): The General Assembly and the Security Council of the United […]
SPORTS
Tokyo 2020: USA faces initial challenges from Japan, China in medals hunt
Philippines wins its first ever Olympic gold Flora Duffy wins first ever Olympic gold for Bermuda Japanese tennis star Naomi Osaka knocked out Japan wins baseball gold as USA and Canada get silver and bronze […]
History
Sant Kabirdas Jayanti
Sant Kabirdas (1440-1518 circa) was a famous poet, saint and social reformer of India. His writings have greatly influenced the Bhakti movement. Kabir Panth which is a religious community recognizes him as its founder and […]
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