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.
culture and literature
THE NEWARK ARTS FEST ELEBRATES LEGENDARY WARWICK’S “CREATIVE RESILIENCE”
By Mabel Pais The Newark Arts celebrates its 20th Newark Arts Festival this fall with a headline exhibit honoring legendary entertainer and New Jersey native Dionne Warwick – “Dionne Warwick: Queen of Twitter.” The exhibit […]
World
Typhoon batters S Korea, 3 dead
Seoul (TIP): The most powerful typhoon to hit South Korea in years on september 4 dumped 3-feet rain, destroyed roads and fell power lines, but the toll of three could have been higher if not […]
Asia
Ready to listen to democratic protesters: Sri Lankan PM Dinesh Gunawardena
Colombo (TIP) July 27 : Sri Lanka’s newly-appointed PM Dinesh Gunawardena said the government was ready to listen to the demands of democratic public protesters, but denounced acts of terrorism, calling it the “greatest threat […]
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