Highlight Investment Research is an independent and privately owned organization, has come a long way and today has emerged as a premium Indian stock & commodities consultancy, with an absolute focus on business and a commitment to provide “Real value for money to all its clients”.
Another positive development in July included the continuation of subdued input cost inflation. This led to only a marginal increase in output prices over the month. Nikkei India Services Business Activity Index rose 53.8 in July vs. 49.6 in June, the IHS Markit India Services Business Activity Index pointed to the quickest increase in output in one year. Four of the five monitored subsectors posted expansion, the sole exception being Real Estate & Business Services.
Indian service providers signalled that their subdued business performance at the end of the first quarter of fiscal year 2019/2020 dissipated in July, with activity returning to growth and new work intakes rising at the fastest rate in just under three years. Moreover, job creation picked up to the strongest since early-2011 in response to strengthening demand conditions and upbeat predictions for the economic outlook.
No comments