India’s services sector activity, as measured by the Purchasing Managers’ Index (PMI), reached a 13-year high of 62 in April, according to data released by the S&P Global on Wednesday, despite rising cost pressures for the beginning month of fiscal 2023-24. The seasonally adjusted Services PMI was up from 57.8 in March, supported by healthy inflows of new businesses and favourable market conditions. The latest April value signalled the fastest pace of expansion in output since June 2010. A PMI reading above 50 indicates an expansion in services activity.
Indian Americans
Indian American Mitesh kumar Patel pleads guilty in Ahmedabad – based call center scam targeting US residents
DALLAS (TIP): Miteshkumar Patel and his accomplices impersonated officials from the IRS and US Citizenship and Immigration Services (USCIS) to threaten people of imprisonment if they did not pay them money. Indian American Miteshkumar Patel […]
Indian Americans
First Indian-origin officer of US’ Milwaukee police retires after 21 years
MILWAUKI , WI (TIP): The first Indian police officer of Milwaukee city in the United States has retired after serving 21 years in the force, a media report said. Balbir Mahay was honored, and his […]
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