Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
India's Jan business growth at 14-month low on weaker services demand
The Sunday Guardian
|January 26, 2025
India's business activity grew at the slowest pace in over a year in January, a survey showed, highlighting emerging cracks in its world-beating economic growth at start of 2025 although firms hired new staff at a record pace.
-
The services industry is the major engine of Asia's third-largest economy and the latest data raises concerns about the sustainability of a strong economic performance with government estimates pointing to slower overall growth of 6.4% this fiscal year.
HSBC's flash India Composite Purchasing Managers' Index (INPMCF=ECI), opens new tab, compiled by S&P Global, fell to 57.9 in January, the lowest reading since November 2023, from December's final reading of 59.2.
Still, the index has been above the 50-mark separating expansion from contraction for three-anda-half years, the longest continuous growth streak since mid-2013.
This story is from the January 26, 2025 edition of The Sunday Guardian.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Sunday Guardian
The Sunday Guardian
INSIDE BAHRIA FOUNDATION, PAKISTAN NAVY'S CORPORATE EMPIRE
Pakistan today is a country mired in economic crisis.
5 mins
September 21, 2025
The Sunday Guardian
MAMATA FORGETS INDUSTRIAL PROMISES, FUNDS VOTE-BANK SCHEMES
The Bengal government cancelled 30 years of signed commitments retrospectively.
4 mins
September 21, 2025
The Sunday Guardian
SUPREME COURT IS THE LAST HOPE FOR RESCUING A U.S. IN TURMOIL
The list of evidence that President Trump is living in a world of Alternate Reality is lengthening steadily. Now only the US Supreme Court stands as an effective obstacle to the chaos being created by the White House.
4 mins
September 21, 2025
The Sunday Guardian
Trump's $100,000 H1-B fee to hit Indians the hardest
US President Donald Trump on Saturday (India time) announced a sharp increase in the cost of applying for H1-B visas, raising the fee to $100,000 per petition.
6 mins
September 21, 2025
The Sunday Guardian
‘BULLET TRAIN PROJECT WILL BENEFIT THE MIDDLE CLASS'
Following PM Narendra Modi’s announcement in Japan to run bullet trains across 7,000 km in India, we not only conducted a reality check on the Bullet Train project, the most ambitious project underway, but also spoke with Railway Minister Ashwini Vaishnaw about it.
2 mins
September 21, 2025
The Sunday Guardian
BJP DEPLOYS LEADERS TO DRIVE BIHAR POLL STRATEGY
With the Bihar Assembly elections drawing closer, the Bharatiya Janata Party (BJP) has stepped up its preparations, unveiling a comprehensive roadmap that ranges from strengthening booth-level presence to overseeing statewide campaign coordination.
1 min
September 21, 2025
The Sunday Guardian
CISF ROLLS OUT LANDMARK REFORMS IN PROMOTIONS, POSTINGS
Cutting delay, 13,520 non-gazetted officers and 406 gazetted officers were promoted this year so far
1 mins
September 21, 2025
The Sunday Guardian
China and the post-American order
Pax Britannica ended not because Britain wanted it to, but because it could no longer afford its empire. Pax Americana is unravelling for the same reason: America cannot command the global economy, the institutions, or the narrative as it once did.
6 mins
September 21, 2025
The Sunday Guardian
China's stealth fighter J-35 is a mirage for Pakistan
It is increasingly unlikely that Pakistan will be able to fly China's J-35 stealth fighter in this decade.
2 mins
September 21, 2025
The Sunday Guardian
GANDHI FAMILY VISIT HEATS UP KERALA POLITICAL SCENARIO
Gandhi family's Wayanad visit stirs politics ahead of assembly elections.
2 mins
September 21, 2025
Listen
Translate
Change font size