https://www.taxtmi.com/news?id=36167 The HSBC India Services PMI rose to 59.0 in February from 56.5, signalling sharp output expansion and substantial employment gains driven by stronger domestic and export demand, productivity improvements, and rising new work orders. Firms increased hiring to alleviate capacity pressures. The Composite Output Index also strengthened, payrolls expanded markedly, and private-sector cost pressures eased, while business sentiment remained broadly positive despite a slight dip. en-us Wed, 05 Mar 2025 11:31:03 +0530 Wed, 05 Mar 2025 11:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=36167 The HSBC India Services PMI rose to 59.0 in February from 56.5, signalling sharp output expansion and substantial employment gains driven by stronger domestic and export demand, productivity improvements, and rising new work orders. Firms increased hiring to alleviate capacity pressures. The Composite Output Index also strengthened, payrolls expanded markedly, and private-sector cost pressures eased, while business sentiment remained broadly positive despite a slight dip. News - Wed, 05 Mar 2025 11:31:03 +0530 https://www.taxtmi.com/news?id=36167