• 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
  • Login
  • Register
Manifest IAS
JournalsOfIndia
Advertisement
  • Home
  • Economy
  • Foreign Affairs
  • Science & Tech
  • Environment
  • Law & Policy
  • History
No Result
View All Result
  • Home
  • Economy
  • Foreign Affairs
  • Science & Tech
  • Environment
  • Law & Policy
  • History
No Result
View All Result
  • 9964432222
  • Mail Us
  • Appointment
  • Locate Us
  • Chat Now
  • Courses
JournalsOfIndia
No Result
View All Result
Home Economy

India Services Business Activity Index(ISBAI) 

December 4, 2020
in Economy
Reading Time: 2min read
0
India Services Business Activity Index(ISBAI) 
0
SHARES
73
VIEWS
Share on TelegramShare on Facebook

In news

ISBAI expanded at 53.7 in November

Key highlights of the Index

  • The seasonally adjusted India Services Business Activity Index posted above the critical 50 mark that separates growth from contraction for the second month in a row during November.
  • This expansion indicated that economy remained on the right path to recovery, with a further upturn in new work supporting business activity growth and the first rise in employment for nine months
  • This index is released by  IHS Markit 
  • As per the index, employment in the sector rose for first time in nine months, albeit marginally
  • According to  the data released by IHS Markit report, the overall level of positive sentiment climbed to the highest since February amid predictions that market conditions would normalise once a vaccine for the COVID-19 is rolled out
  • The report states that services firms hired additional workers in November, ending an eight-month sequence of job shedding
  • The report also states that the increase in sales stemmed from a pick-up in demand, marketing efforts and the loosening of COVID-19 controls
  • As per the report, Transport & Storage was the best-performing sector in November, with rates of growth for output and sales surpassing those seen in consumer services and finance & insurance.
  • The reports data showed that the upturn in total new work was driven by the domestic market, with new export orders decreasing sharply again in November
Source: Business Today
Tags: Prelims

Related Posts

Prarambh -Startup India International Summit

Prarambh -Startup India International Summit

January 16, 2021
Reforms in Mining

Reforms in Mining

January 15, 2021
RBI sets up Working Group on Digital Lending

RBI sets up Working Group on Digital Lending

January 15, 2021
What are Debentures?

What are Debentures?

January 15, 2021
Modified Scheme to Enhance Ethanol Distillation Capacity

Modified Scheme to Enhance Ethanol Distillation Capacity

January 15, 2021
National Migrant Information System (NMIS)

National Migrant Information System (NMIS)

January 14, 2021
Toy Manufacturing Clusters

Toy Manufacturing Clusters

January 14, 2021
RBI’s Financial Stability Report

RBI’s Financial Stability Report

January 14, 2021
Migrant Integration Policy Index(MIPEX) -2020

Migrant Integration Policy Index(MIPEX) -2020

January 14, 2021
Payment Infrastructure Development Fund (PIDF) scheme

Payment Infrastructure Development Fund (PIDF) scheme

January 13, 2021
Please login to join discussion

Browse by Category

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society

Browse by Tags

Big Picture GS-1 GS-2 GS-3 GS-4 Kurukshetra Mains News Paper PIB Prelims RSTV Yojana
JournalsOfIndia

Our vision is to orient the readers to grasp the facts objectively and analyse critically. In the rush of reaching first to the readers, the websites miss the balanced opinion, which is the need of the hour. We aim to reach the readers with more crispness, preciseness and relevance. We bring the articles in UPSC way for the civil services aspirants and the Wisest Way for general readers.

Categories

  • Agriculture
  • Disaster Management
  • Economy
  • Environment
  • Ethics
  • Foreign Affairs
  • Geography
  • Governance
  • History
  • Law & Policy
  • Opinion
  • People in News
  • Places in News
  • Science & Tech
  • Security
  • Society

Browse by Tag

Big Picture GS-1 GS-2 GS-3 GS-4 Kurukshetra Mains News Paper PIB Prelims RSTV Yojana

Newsletter

The most important UPSC news and events of the day.

Get Journals daily newsletter on your inbox.

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

  • Login
  • Sign Up
  • Home
  • Prelims Snippets
  • Mains Articles
  • Economy
  • Society
  • Foreign Affairs
  • Science & Tech
  • Environment
  • Agriculture
  • History
  • Law & Policy
  • Security
  • Course Portal
  • Prelims Test Portal
No Result
View All Result

© 2020 JournalsOfIndia - A free initiative by Manifest Team.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In