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PMI for the services sector declined to 54 in April. (ANI Photo)

Services activity declines in April

By Asit Ranjan Mishra, New Delhi
PUBLISHED ON MAY 06, 2021 06:21 AM IST
  • Data released by analytics firm IHS Markit showed that the Purchasing Managers’ Index (PMI) for the services sector declined to 54 in April from 54.6 in the preceding month.
Finance minister Nirmala Sitharaman addresses the media in New Delhi on Monday.(Ajay Aggarwal/HT Photo)
Finance minister Nirmala Sitharaman addresses the media in New Delhi on Monday.(Ajay Aggarwal/HT Photo)

State of the economy: The recovery question

UPDATED ON OCT 13, 2020 05:54 AM IST
The post-lockdown sequential recovery is flattening and inflation is gathering momentum. This raises questions on the recent optimism around economic recovery.
This has also spooked financial markets, with the BSE Sensex falling by 1.9% on Monday(PTI)
This has also spooked financial markets, with the BSE Sensex falling by 1.9% on Monday(PTI)

Economic policymakers must look west

Hindustan Times | By HT Correspondent
UPDATED ON JAN 06, 2020 08:37 PM IST
The turbulence in West Asia can jeopardise the nascent economic recovery
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