Service sector percentage of us economy 2018

Video Player Close BEIJING, Feb. 28 (Xinhua) -- The purchasing managers' index (PMI) for China's non-manufacturing sector came in at 51.4 in February, down from 52.4 of January, the National Bureau of Statistics (NBS) said Sunday. A reading above 50 indicates expansion, while a reading below it reflects contraction. In February, the sub-index for business activities in the services sector stood at 50.8, dropping from 51.1 in January. This indicated China's services sector continued to expand, yet at a slower pace, said Zhao Qinghe, senior statistician at NBS, while analyzing the February reading. In breakdown, consumption-related segments such as retail sales, catering and entertainment logged increases in business activities, Zhao said. The sub-indexes for business activities in telecommunications and satellite transmission as well as financial services came in at above 58, indicating steady growth of business volume in these areas, according to Zhao. Sunday's data ... » Learn More about China’s non-manufacturing PMI falls in February

Policy pre-requisites for corporate earnings growth are being ignored T he fourth quarter of the last financial year, 2014-15, was an unmitigated disaster for Indian companies. Even after adjusting for extraordinary items, profits for the universe of the top 1,600 companies listed on the stock exchanges shrank by 19 per cent year on year. Profit growth for the blue chips on the Nifty was not very different; for the Sensex, the fall was around nine per cent. (All these numbers, and those that follow, exclude banks and financial companies, as is the convention. They are also marginally sensitive to exactly how you account for one-time write-offs, and so on.) Over the entire financial year, Sensex companies recorded no profit growth -- the first time that’s happened in a decade and half, if you exclude the crisis year of 2008-09. We’re in the middle of the season in which results are declared for the first quarter of this financial year, 2015-16, and the early news is not ... » Learn More about Indian economy recovering? But where and how

LONDON : The UK's vaccination programme against Covid-19 enters a new phase on Sunday as the National Health Service ( NHS ) will begin contacting all over-60s to book their jabs at the nearest vaccination centre or with a general practitioner (GP) or pharmacy. Almost 2 million people aged 60 to 63 will be invited after over 64s had been covered in the previous phase and letters will start arriving from Monday explaining how they can make an appointment for the jab. They follow more than three in four people aged 65 to 70 taking up the offer of a vaccination and nearly 17 million people across England , over a third of the adult population, having received the “life-saving jab”. “Our incredible vaccination programme is accelerating and well over one in three people across the UK have now received their first jab,” said Nadhim Zahawi, UK Vaccine Deployment Minister. “We are now inviting those aged 60 to 63 to receive their vaccines and I urge everybody to come ... » Learn More about UK Covid-19 vaccine rollout expands to over-60s in latest phase

In view of the spike in COVID-19 cases in Pune, the Pune district administration on Sunday extended the night curfew and shutdown of schools till March 14. The essential services are exempted from the curfew. "COVID-19 restrictions imposed in the Pune city till February 28 have been extended to 14 March," said Murlidhar Mohol Mayor Pune. "No public movement except essential services will be allowed between 11 pm and 6 am," he added. In Pune, the total number of cases are 4,06,453, total recoveries are 3,87,527. The active cases in Pune till Saturday are 9860 while the death toll is at 9235. The State Health Department informed on Saturday that Maharashtra reported 8,623 new COVID-19 cases, 3,648 recoveries, and 51 deaths in the last 24 hours, The COVID-19 death toll reached 1,56,938 on Saturday with additional 113 deaths. Earlier Maharashtra Chief Minister Uddhav Thackeray had directed senior officials to take strict action against people or organisations ... » Learn More about Pune extends night curfew till March 14; schools to remain shut

In the first administrative shuffle after the model code of conduct for the Assembly polls came into force in West Bengal, the Election Commission transferred Jawed Shamim, Additional Director General ( Law and Order) of West Bengal Police. Director General of West Bengal Fire and Emergency Services Jag Mohan, will be the new ADG ( Law and Order) and Mr. Shamim will take the role of DG, Fire and Emergency Services. Mr. Shamim was appointed ADG (Law and Order) only a few weeks ago by the State government. About 10 companies of Central Armed Police Forces (CAPF) have arrived in the State from Patna. The forces have been deployed in Basirhat, Bongaon and Barasat areas of North 24 Parganas and parts of Kolkata. Eight additional companies of CAPF are likely to arrive from Assam for north Bengal. More than 20 companies of CAPF have already been deployed . A day after the Assembly election schedule for West Bengal was announced, campaigning in the State gathered momentum. ... » Learn More about EC shunts out top police official in West Bengal

Reiterating that only a two-state solution will deliver enduring peace that the people of Israel and Palestine deserve, India has said this should be achieved through direct negotiations between both sides on final status issues and any unilateral action which could prejudice these issues must be avoided. India’s Deputy Permanent Representative to the U.N. Ambassador K. Nagaraj Naidu said on Feb. 26 at the U.N. Security Council meeting on ‘The situation in the Middle East, including the Palestinian question’ that New Delhi reaffirms its support to the Palestinian cause and the establishment of a sovereign, viable and independent State of Palestine living side by side in peace and security with Israel. “We firmly believe that only a two-state solution will deliver enduring peace that the people of Israel and Palestine desire and deserve. This should be achieved through direct negotiations between both sides on final status issues. Both sides must avoid any unilateral action which ... » Learn More about Israel, Palestine must avoid unilateral action that could prejudice final status issues: India at U.N.

A day after the Election Commission of India announced the election schedule for Tamil Nadu and three other States, the district administration on Saturday began the process of setting up a control room at the Collectorate. District Collector K. Rajamani had asked a District Revenue Officer-level official to head the control room and that was most likely to be headed by the DRO in-charge of land acquisition for the Coimbatore airport expansion project. The administration was in the process of setting up phone lines with toll-free number. Once complaints start pouring in, the control room staff, who would manage the room 24x7 in turns, would forward the complaints to the DRO-cadre officers. Mr. Rajamani said the administration had calculated that it would need additional 1,300-odd polling booths in the ensuing election to ensure it could enforce COVID-19 safety protocol. Of the 1,300-odd booths, 900-odd booths will be in the same polling station. The rest would be at a premises ... » Learn More about Work to set up election control room begins in Coimbatore

The decision of India and Pakistan’s Directors General of Military Operations (DGMOs) was unlikely to have been purely local, say experts, pointing to the language of the joint statement while declaring an observance of the 2003 ceasefire from the midnight of February 24/25, which has the “imprimatur” of high-level approval on it, though there is little clarity on the nature of the back-channel operating between the two countries two days after the announcement. “I would imagine a decision like this in both countries would have involved considerable amount of interagency discussion and consensus. So, whether [Indian officials] were speaking both to the Pakistani military chief or to the Prime Minister’s [office], the two certainly would have been in touch on this,” said former High Commissioner to Pakistan and the Director General of the MEA-run think tank TCA Raghavan, adding that the rising violence at the LoC was the most obvious reason for the “tactical” decision to stop ... » Learn More about India-Pakistan ceasefire had high-level approval, say experts

Nineteen passengers were allegedly caught carrying ammunition in their hand baggage during screening at the Indira Gandhi International (IGI) Airport in New Delhi this year so far, police said on February 28. A senior police official said all such passengers face criminal proceedings under the Arms Act. He also said it was a matter of concern that despite warnings passengers carry ammunition, knowingly or unknowingly, with them. From January 1 to February 26, a total of 19 cases, where ammunition was found in the passengers’ baggage during the security check, have been registered at the IGI airport police station under sections of the Arms Act, police said. A 44-year-old man was caught with 19 live bullets of .32 bore in his hand baggage on February 14, while he intended to travel to Bangalore from the IGI airport by a private airline, according to data shared by police. A case was registered against him under the Arms Act and during interrogation, he told police that the ... » Learn More about 19 passengers caught with ammunition at IGI airport this year: police

UT administration has decided to frame guidelines for installing electric vehicle (EV) charging stations on public land in the city. UT adviser Manoj Parida said Debendra Dalai, director, environment, has been made nodal officer to coordinate with departments for setting up stations across the city. “As the process involves different departments, Dalai was made the nodal officer,” he said. The need to minimise carbon emissions and other pollutants call for shift to electric vehicles . However, for this to happen effectively, there is a requirement of installing strategically located charging stations and infrastructure for the ease of consumers. This, in turn, throws up the challenge of managing the increasing electricity consumption and pricing effectively through a self-regulated grid, without making a compromise on network operational performance. All this calls for formulating a comprehensive strategy to make adoption of EVs viable. Times View Dalai, who is also ... » Learn More about UT administration to frame rules for electric vehicle charging stations