Services growth rises to 4-month high in Dec
Hindustan Times Patna|January 07, 2025
Business activity gained momentum in December driven by demand buoyancy in the services sector, rising to a four-month high during the month, even as manufacturing growth slowed.
Rhik Kundu

NEW DELHI:

Output growth increased during the month as firms recruited additional workers, indicated an HSBC survey of 400 service providers.

The HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 59.3 in December, up from 58.4 in November, 58.5 in October, and 57.7 in September.

It has been above the 50-point threshold that distinguishes expansion from contraction for 41 straight months.

During December, there was a softer increase in cost burdens, though greater outlays on food, labour, and materials were reported as selling price inflation also eased during the month, the survey said.

هذه القصة مأخوذة من طبعة January 07, 2025 من Hindustan Times Patna.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 07, 2025 من Hindustan Times Patna.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من HINDUSTAN TIMES PATNA مشاهدة الكل
Hindustan Times Patna

Two Arrested, Police Search for Third Accused

A special police team has been formed to nab the third absconding accused, who is wanted in the murder of a SIDCUL factory worker, a senior police officer familiar with the matter said on Thursday, adding that two people have been arrested so far.

time-read
1 min  |
January 24, 2025
Hindustan Times Patna

Delhi HC seeks NIA stand on J&K MLA's bail plea

The Delhi high court on Thursday issued notice on a plea by Engineer Rashid, a member of Parliament from Jammu & Kashmir seeking directions to the city court to pronounce orders on his bail application in a terror-funding case.

time-read
2 mins  |
January 24, 2025
Hindustan Times Patna

Shubhankar eyes a happy homecoming

In terms of statistics alone, Shubhankar Sharma has had a pretty consistent 2024 where he made the cut 21 times in 26 starts and had two top-10 finishes in Europe's DP World Tour.

time-read
2 mins  |
January 24, 2025
Hindustan Times Patna

Cong, BJP Trade Barbs Over Delayed RCA Polls

Even one year after coming to power in the state, the Bharatiya Janata Party (BJP) government has failed to conduct elections to the Rajasthan Cricket Association (RCA), with players being the worst sufferers in the process, people aware of the development said on Thursday.

time-read
2 mins  |
January 24, 2025
Hindustan Times Patna

3 Liquor Smugglers Get Life Term For Murder Of Social Activist

A Bhabua sessions court on Thursday awarded life imprisonment to three liquor smugglers who had shot dead a social activist for opposing the illegal trade.

time-read
1 min  |
January 24, 2025
Hindustan Times Patna

Rush to claim Karpoori legacy on anniv

In Bihar, as the momentum is building up for the assembly polls slated for later this year, political parties are searching all avenues to make inroads into voters' minds and hearts.

time-read
2 mins  |
January 24, 2025
Hindustan Times Patna

Cos shift focus to corporate NPS to retain staff

Indian companies are restructuring retirement plans and looking beyond conventional statutory benefits like provident fund and gratuity, as the corpus often proves inadequate for superannuated employees.

time-read
2 mins  |
January 24, 2025
Hindustan Times Patna

WhatsApp to continue to share metadata for ads to Meta: NCLAT

...Digital Personal Data Protection Act is likely to be imposed which may cover all issues related to data protection and data sharing ASHOK BHUSHAN, NCLAT Chairperson

time-read
4 mins  |
January 24, 2025
Hindustan Times Patna

Shabashi di, thank you bola: Auto driver on meeting Saif after rushing him to hospital

While actor Saif Ali Khan is on the mend and preparing to resume his routine, life has taken an unexpected turn for auto driver Bhajan Singh Rana – the man who rushed Khan to Mumbai's Lilavati Hospital after he was brutally stabbed at his Bandra home on the night of January 16.

time-read
1 min  |
January 24, 2025
Hindustan Times Patna

BJP leader seeks Rahul's apology over Netaji post

Union minister and Bharatiya Janata Party (BJP) leader Sukanta Majumdar on Thursday launched an attack on Rahul Gandhi after he purportedly claimed that Netaji Subhash Chandra Bose died on August 18, 1945, as stated in his recent social media posts.

time-read
2 mins  |
January 24, 2025