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
Skewed relief under Agnipath flagged to Army brass
With the recruitment of troops under the Agnipath scheme set to commence, monetary compensation to Agniveers in case of disability or death is skewed as they will get much less than what regular soldiers are […]
Breaking News
Randhir Jaiswal Assumes Charge as Consul General of India in New York
I.S. Saluja NEW DELHI (TIP): Ambassador Randhir Kumar Jaiswal , on July 19, assumed charge as Consul General of India in New York . He has succeeded Ambassador Sandeep Chakravorty who remained Consul General from […]
Entertainment
MUSIC MAKERS
WIPA OFFERS AUDITION WORKSHOPS – FREE “This has not been an easy season for our young musicians as they had to pivot to online lessons and rehearsals. These instrument-specific audition workshops will provide extra support […]
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