India’s services sector grows steadily in April, composite PMI hits 8-month high

India’s services sector grows steadily in April, composite PMI hits 8-month high

Follow Us on Google News New Delhi, May 6 (IANS) India’s services sector continued to grow in April, with the Services Purchasing Managers’ Index (PMI) rising slightly to 58.7 from 58.5 in March, an HSBC report said on Tuesday. A PMI reading above 50 indicates expansion, while anything below signals contraction. The increase points to … Read more

India’s raw silk production rises steadily, exports surge in last 6 years

Follow Us on Google News New Delhi, April 14 (IANS) India’s raw silk production has experienced steady growth, rising from 31,906 metric tonnes (MT) in 2017-18 to 38,913 MT in 2023-24, as exports figures also jumped significantly in the period. This growth is supported by the expansion of mulberry plantations from 223,926 hectare in 2017-18 … Read more

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