<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Indian services sector growth touches 10-month high in June on sharp upturn in new business: PMI</title>
    <link>https://www.taxtmi.com/news?id=48332</link>
    <description>Services activity accelerated as the HSBC India Services PMI rose, led by a sharp increase in new domestic and export orders that improved output and margins because input cost inflation lagged output charges. Employment expanded for the thirty-seventh consecutive month, though hiring eased from its recent peak. Sectoral price patterns diverged-consumer services saw strongest cost pressures while finance and insurance recorded the steepest rise in output charges-and business optimism softened to its weakest point since mid-2022 despite sustained positive expectations.</description>
    <language>en-us</language>
    <pubDate>Thu, 03 Jul 2025 11:31:04 +0530</pubDate>
    <lastBuildDate>Thu, 03 Jul 2025 11:31:04 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=833472" rel="self" type="application/rss+xml"/>
    <item>
      <title>Indian services sector growth touches 10-month high in June on sharp upturn in new business: PMI</title>
      <link>https://www.taxtmi.com/news?id=48332</link>
      <description>Services activity accelerated as the HSBC India Services PMI rose, led by a sharp increase in new domestic and export orders that improved output and margins because input cost inflation lagged output charges. Employment expanded for the thirty-seventh consecutive month, though hiring eased from its recent peak. Sectoral price patterns diverged-consumer services saw strongest cost pressures while finance and insurance recorded the steepest rise in output charges-and business optimism softened to its weakest point since mid-2022 despite sustained positive expectations.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Thu, 03 Jul 2025 11:31:04 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=48332</guid>
    </item>
  </channel>
</rss>