December PMI data: Services growth cools down to 11-month low; hiring momentum weakens at year end
India’s private sector growth moderated in December, with both services and manufacturing sectors experiencing slower expansions. Softer demand, subdued hiring, and rising market uncertainty contributed to multi-month lows in growth pace. Despite this, export demand showed improvement, and inflation remained benign.🕒 1 min read
India’s private sector growth moderated in December, with both services and manufacturing sectors experiencing slower expansions. Softer demand, subdued hiring, and rising market uncertainty contributed to multi-month lows in growth pace. Despite this, export demand showed improvement, and inflation remained benign.
Continue Reading
-
How Will RCB Divide Rs 20 Crore IPL Prize Money? Bhuvneshwar Kumar’s Reply
- Trade relief in Singapore: Indian firms to gain from new adaptation grant; US tariffs push government to act
-
‘I felt helpless’: Rohit Sharma’s honest admission on India vs Pakistan thriller
- India ramps up 5-kg LPG supply, accelerates PNG rollout amid Middle East crisis
- Turbulent times: Airbus struggles with setbacks across fleet; Boeing stages comeback, exposes industry contrast
- Stock market today: Nifty50 opens in red; BSE Sensex below 83,400
- 4,4,4 Then Catastrophe: How Vaibhav Sooryavanshi Was Trapped By Sri Lanka A
- Man Killed, 3 Injured After Speeding Car Rams Them Outside Restaurant On UP Highway
-
BJP MP Had Questioned Jan Suraaj’s Funding. Prashant Kishor Responds
- CSR push: NSE to invest Rs 380-cr for cancer facility at Tata Memorial Centre; India’s largest BMT centre to set up