Faltering Service Sector Weighs on Global Recovery as Infections Rise
The coronavirus’s resurgence is weighing on service suppliers in Europe and Asia, even as factories proceed to report a strengthening ...
Tag: ihs markit
PMI: Services sector to remain the Achilles heel of overall recovery
MUMBAI: India’s composite PMI Output Index continued to contract in August, dragged by the providers sector. Reading for this index, ...
Factories Cut More Jobs Despite Signs of Tentative Recovery
Factories in Asia and Europe are slowly recovering from the sharp falls in output that accompanied lockdowns designed to include ...
Despite gradual unlocking, making a comeback is a tall task for service provider
MUMBAI: There is no respite from the coronavirus disaster for Indian providers suppliers. The Nikkei IHS Markit providers buying managers’ ...
U.S., Europe Economies Taking Diverging Paths
The U.S. financial system lagged in July and Europe’s bounced again, in keeping with recent surveys of buying managers, proof ...
Optimistic equities, pessimistic companies: A tale of two outlooks
Indian firms have been probably the most pessimistic of the 12 nations for which comparable information is offered. Also, the ...
Indian companies most pessimistic on business outlook among global peers
MUMBAI: Covid-led demand disruption has considerably weighed on business confidence of Indian companies. IHS Markit’s tri-annual survey confirmed a steep ...
PMI: Poor export demand continues to weigh on services sector
MUMBAI: The IHS Markit India buying managers’ index (PMI) for the services sector confirmed that the Services Business Activity Index ...
GST kitty improves, manufacturing contraction slows in June – Times of India
(File photo)NEW DELHI: The gross GST revenue collected in June totalled Rs 90,917 crore, and augurs well for collections in ...
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