Thursday, 3 August 2017

GST sends services activity plunging in July, PMI at 4-year low


NEW DELHI: Business conditions in India’s service economy deteriorated markedly in July following the implementation of the goods and services tax (GST), a private survey showed on Thursday. The Nikkei India Services PMI Business Activity Index plunged from June’s eight-month high of 53.

You can read more here: GST sends services activity plunging in July, PMI at 4-year low

No comments:

Post a Comment

Life insurers earn more in Oct selling lesser policies

The 24-company Indian life insurance industry closed last month with new business of Rs 22,776.03 crore, up by 31.87 per cent over the prev...