Pallavi Nahata
Pallavi Nahata
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India Services Growth Slows In April, But Remains Strongest In 14 Years

India Services Growth Slows In April, But Remains Strongest In 14 Years

The activity in India's service sector eased from a month ago, but continued to show expansion in April, a private survey showed. Despite falling to 60.8 in April from 61.2 at the end of the previous fiscal quarter, the seasonally adjusted HSBC India Services Business Activity Index highlighted one of the strongest growth rates seen in just under 14 years, according to a press release. Composite PMI fell slightly to 61.5 in April from 61.8 in March, but it remained one of the highest prints seen in close to 14 years. A figure above 50 indicates expansion. The latest upturn in output...

May 6
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India Slips To 131 In Human Development Index Ranking

India Slips To 131 In Human Development Index Ranking

9:55 AM IST, 16 Dec 20209:55 AM IST, 16 Dec 2020SaveIndia slipped two spots in the Human Development Index.The world’s second-most populous nation ranked 131 among 189 countries in 2019 compared with 129 in the previous year, according to the 2020 Human Development Report published by the United Nations Development Programme on late Tuesday. India’s gross national income per capita fell to $6,681 in 2019 from $6,829 in 2018 on PPP basis, it said.Norway topped the index, followed by Ir...India slipped two spots in the Human Development Index.The world’s second-most populous nation ranked 131...

December 16, 2020
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