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
US daily calls Sushma Swaraj ‘supermom’, praises her social media presence
NEW DELHI (TIP): We all have appreciated our external affairs minister Sushma Swaraj’s timely interventions and speedy responses on social media. She’s one of the most active foreign ministers in the world on Twitter with […]
Science & Technology
NASA’s Venus missions to probe divergent fate of Earth’s hothouse sister planet
NASA has announced plans to launch a pair of missions to Venus between 2028 and 2030 – its first in decades – to study the atmosphere and geologic features of Earth’s so-called sister planet and […]
United States
OFFICIALS TO MTA: RESTORE ORIGINAL “FREEDOM TICKET” PLAN
Elected Say Eliminating Proposed Discounted LIRR Fare Between Southeast Queens and Penn Station Renders Freedom Ticket Pilot “Inferior” and “Set Up For Failure” QUEENS, NY (TIP): In advance of the upcoming Board Meeting of the […]
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