India's services growth at three-month high in December on buoyant demand -PMI
Friday, 5 January 2024 India's services sector ended 2023 on a firm footing, with activity expanding at its fastest pace in three months in December on buoyant demand and an optimistic year-ahead outlook, a private survey showed. The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, rose sharply in December to 59.0 from November's one-year low of 56.9. Favourable economic conditions and upbeat demand drove the new business sub-index up from a year low in November.
UN Says Global Food Prices , for Many Staples , Fell in 2023.
On January 5, the U.N. Food and
Agriculture Organization reported that
global prices for some commodities fell
last year from record highs reached in 2022.
ABC reports that the FAO Food Price Index
for 2023 was 13.7% lower than the...
Activity in the country's services sector rose to a three-month high in December on the back of strong demand, while business confidence remained robust and... IndiaTimes
The Indian rupee appreciated against the US dollar due to positive domestic equities and foreign capital inflows. It remained the second-best performer among... IndiaTimes
Friday, 5 January 2024
