https://thenfapost.com News, Facts and Analysis on Startup, Technology & Business Fri, 05 May 2023 04:11:09 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.3 The NFA Post News, Facts and Analysis on Startup, Technology & Business clean https://thenfapost.com/2023/05/05/indias-services-sector-growth-climbs-to-near-13-year-high-in-april-pmi/ Fri, 05 May 2023 04:11:09 +0000 https://thenfapost.com/?p=262624 -For the 21st straight month, the headline figure was above the neutral 50 threshold -Finance and insurance record strongest increase in output, says S&P Global’s PMI survey New Delhi, NFAPost: India’s services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 […]]]> https://thenfapost.com/2023/04/18/flourishing-economy-indias-service-trade-is-on-strong-wicket/ Tue, 18 Apr 2023 05:54:38 +0000 https://thenfapost.com/?p=257621 India’s strong service trade performance will add to the improving external balance dynamics this year, in addition to the relief from lower commodity prices (read India: Counting on terms of trade relief and India: RBI’s hawkish pause, firm current account). Net service trade under the balance of payments (BOP) has jumped from a monthly average […]]]> https://thenfapost.com/2022/11/04/growth-in-indias-services-sector-quickens-in-october-pmi-edges-up-to-55-1/ Fri, 04 Nov 2022 00:39:10 +0000 https://thenfapost.com/?p=213141 The rate of inflation outpaced its long-run average, suggesting no respite from higher cost pressures in Asia’s third-largest economy Bengaluru, NFAPost: Activity in India’s dominant services industry gathered pace in October despite high inflationary pressures, underpinned by robust domestic demand, leading to the second fastest hiring pace in over three years, a private survey showed. […]]]>