Navigating Job Crunch
Placements hit a wall as tech disruption and economic uncertainty resahape hiring dynamics across B-schools.
Placements hit a wall as tech disruption and economic uncertainty resahape hiring dynamics across B-schools.
The increase in output in July was driven by continued growth in manufacturing sector activity
The HSBC India Services Business Activity Index fell from 60.8 in April to 60.2 in May, its lowest mark since last December.
Notably, the expansion in total sales and output were the fastest in 14 years.
February data highlights a notable upturn in demand across the service sector, with inflows of new business expanding for the thirty-first month running.
India's service sector lost further growth momentum midway through the third quarter.
The S&P Global India Services PMI Index marginally falls to 60.1 in August from 62.3 in July.
During the month under review, international sales, especially across Bangladesh, Nepal, Sri Lanka and the UAE, picked up pace leading to an upturn in total new orders.
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
The S&P Global India Services PMI Index remained in growth territory for the twentieth successive month.