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India's services sector loses more steam in Dec, job cuts resume


Service activity slows in December, PMI at 3-month low
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Synopsis
The IHS Markit India Services Business Activity Index dropped to 52.3 in December from 53.7 in November.
Agencies
Job market conditions darkened, slipping back into contraction, although the pace of job shedding remained minimal.
NEW DELHI: India’s services activity slowed to a three-month low level in December and staff hiring came to a halt on liquidity concerns, labour shortages and subdued demand as business optimism faded, a private survey showed on Wednesday.
The IHS Markit India Services Business Activity Index dropped to 52.3 in December from 53.7 in November.
A reading above 50 indicates expansion while below that signals contraction. ....

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Chromium Trioxide Market Size Forecast to Reach $550 Million by 2025


Chromium Trioxide Market Size Forecast to Reach $550 Million by 2025
Growing Public Interest Towards Environment-Friendly Products Will Further Create Few Hurdles for the Overall Demand for Chromium Trioxide Market
BriefingWire.com, 1/03/2021 - Chromium Trioxide Market size is forecast to reach $550 million by 2025, after growing at a CAGR of 1.2% during 2020-2025. With the rise in demand for corrosion inhibitors, the chromium trioxide market will grow. Growing public interest towards environment-friendly products will further create few hurdles for the overall market demand for Chromium Trioxide during the forecast period.
Key Takeaways
Asia-Pacific dominates the Chromium Trioxide market owing to increasing demand from applications from end use industries such as automotive, aviation, Marine with others. ....

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