Pricing edge may cost services cos
Mint Mumbai|June 06, 2023
Business activity in India's services sector moderated slightly in May. The seasonally adjusted S&P Global India Services PMI Business Activity Index fell to 61.2 in May from 62 in April.
Harsha Jethmalani
Pricing edge may cost services cos

Despite this, the latest reading indicated second strongest growth rate in just under 13 years, said the services PMI survey report. A reading above 50 denotes expansion.

The services sector output was said to be supported by favourable demand, new client wins and positive market dynamics. A comparison of headline PMI data shows that momentum in economic activity remains higher in services sector than manufacturing. But this resilience could be put to test.

Diese Geschichte stammt aus der June 06, 2023-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der June 06, 2023-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT MUMBAIAlle anzeigen
A powerful AI breakthrough is about to transform the world
Mint Mumbai

A powerful AI breakthrough is about to transform the world

First announced in a 2017 paper, the transformer paved the way for OpenAI to launch ChatGPT two years ago

time-read
6 Minuten  |
November 18, 2024
Mint Mumbai

Xi says China ready to work with Trump to boost ties

Chinese leader Xi Jinping told US President Joe Biden that he's ready to work with Donald Trump to improve the relationship between the world's biggest economies.

time-read
1 min  |
November 18, 2024
Trump's top team sets stage for White House power grab
Mint Mumbai

Trump's top team sets stage for White House power grab

President-elect looks to bypass federal institutions to install nominees and shrink government

time-read
6 Minuten  |
November 18, 2024
Lab-grown meat, dairy may come under FSSAI regulation
Mint Mumbai

Lab-grown meat, dairy may come under FSSAI regulation

Push to frame standards for lab-grown proteins, despite doubts over its acceptance

time-read
3 Minuten  |
November 18, 2024
Colgate: Aiming for behaviour change and premium growth
Mint Mumbai

Colgate: Aiming for behaviour change and premium growth

With its near-universal penetration, Colgate-Palmolive India is synonymous with oral care in India.

time-read
2 Minuten  |
November 18, 2024
Mint Mumbai

DIGITAL ADVERTISERS NEED TO THINK BEYOND GOOGLE

'The US Department of Justice's (DOJ) antitrust case against Google may have wrapped up, but whether the court rules for or against it, there's no denying the case highlighted a crucial issue-the company's dominant hold over the digital advertising market.

time-read
2 Minuten  |
November 18, 2024
How sports became the MVP of brand building
Mint Mumbai

How sports became the MVP of brand building

With its emotional resonance, evolving digital capabilities and unmatched reach, sports offers brands an opportunity to create lasting legacies

time-read
3 Minuten  |
November 18, 2024
Mint Mumbai

What makes Indian roads the deadliest?

A road accident in Dehradun early on Tuesday last week killed six and left one critically injured—a stark reminder of Indian roads being the world's deadliest, with the highest fatalities globally.

time-read
1 min  |
November 18, 2024
Macrotech aims to scale digital infra business on its own
Mint Mumbai

Macrotech aims to scale digital infra business on its own

Its digital infra portfolio under Lodha Industrial and Logistics Park is 5 mn sqft across 3 warehousing & industrial parks

time-read
1 min  |
November 18, 2024
Amazon India relocating HQ
Mint Mumbai

Amazon India relocating HQ

The company's move from World Trade Centre raises questions about how Brigade would find a new tenant

time-read
2 Minuten  |
November 18, 2024