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Nifty today: SGX Nifty up 15 points; here s what changed for market while you were sleeping

Asian shares were trading with mild gains on Thursday, shrugging off the worries about coronavirus infections and mixed overnight trade on Wall Street. MSCI s broadest index of Asia-Pacific shares outside Japan was up by 0.15 per cent.

India s factory growth rebounded in July, hiring resumed after 15 months

Reuters 3 minute read A labourer welds an iron pillar at a building material factory in an industrial area in Dasna, in the central Indian state of Uttar Pradesh, India, January 9, 2019. Picture taken January 9, 2019. REUTERS/Adnan Abidi BENGALURU, Aug 2 (Reuters) - Factory activity in India bounced back in July as demand surged both at home and abroad, prompting companies to create new jobs for the first time since the onset of the pandemic, a private sector survey showed on Monday. The Manufacturing Purchasing Managers Index (INPMI=ECI), compiled by IHS Markit, jumped to 55.3 last month from 48.1 in June, well above 50-level separating growth from contraction.

India s services activity shrank again in July, outlook turned pessimistic

Reuters 2 minute read Waiters wait for customers at a dhaba, a small restaurant along a national highway in Gharaunda, in the northern state of Haryana, India, June 17, 2021. Picture taken on June 17, 2021. REUTERS/Adnan Abidi/File Photo BENGALURU, Aug 4 (Reuters) - Activity in India s dominant services industry shrank for a third consecutive month in July as restrictions to control the coronavirus pandemic hit demand, with companies turning the most pessimistic in a year, a private survey showed on Wednesday. Restrictions imposed by local governments to curb the devastating second wave of COVID-19 were relaxed over the past few months following a drop in infection rates, but the threat of a third wave has cast a shadow over the already weak economic outlook. read more

Covid blues: Services sector still a picture of worry with PMI at 45 4 in July

Covid blues: Services sector still a picture of worry with PMI at 45 4 in July
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

Services Activity Shrank Again In July, Outlook Turned Pessimistic

Services Activity Shrank Again In July, Outlook Turned Pessimistic Services Activity Shrank Again In July, Outlook Turned Pessimistic Although the Services Purchasing Managers Index, compiled by IHS Markit, rose to 45.4 in July from 41.2 in June it stayed firmly below the 50-level. Updated: August 04, 2021 11:48 am IST Activity in the country s dominant services industry shrank for a third consecutive month in July as restrictions to control the coronavirus pandemic hit demand, with companies turning the most pessimistic in a year, a private survey showed on Wednesday. Restrictions imposed by local governments to curb the devastating second wave of COVID-19 were relaxed over the past few months following a drop in infection rates, but the threat of a third wave has cast a shadow over the already weak economic outlook.

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