India's Services sector PMI surges to 58.7 in April; sees stronger growth
Tuesday, 6 May 2025 () India's services sector started fiscal year 26 strongly, with April's PMI reaching 58.7, driven by increased demand and new orders. The finance and insurance sectors led growth, while new export orders surged, particularly from the US, Asia, Europe, and the Middle East. Although input prices rose moderately, firms increased selling prices.
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Shadow Environment Minister Robbie Moore welcomed February’s stronger-than-expected 0.5% GDP growth but warned it “does not take into account” April’s tax rises and business costs. He said..
The Tourism Sustainability Summit 2025 in New Delhi united top industry leaders to discuss innovative sustainable travel strategies, climate resilience, and eco-friendly tourism solutions. With..
Tuesday, 6 May 2025 ()
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