As per the survey conducted by the seasonally adjusted HSBC India Services PMI Business Activity Index, the rate of expansion ...

India’s services Purchasing Managers’ Index (PMI) rose to an 11-month high of 60.5 in July 2025, driven by strong demand and exports, even as hiring slowed and price pressures rose.

Additional details of the report showed that the Employment Index ticked lower to 46.4 from 47.2, and the New Orders Index deflated to 50.3 during the reported month from 51.3 in June. This comes on ...