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India’s services sector growth continued to recover in March as lockdown measures were lifted. Companies registered faster expansion in sales and activity in 2022, but business confidence remained subdued due to inflation concerns.The S&P Global India Services PMI Business Activity ...
A few economic data were released recently that showed the rate at which India’s economy rebounded slowed down, while retail inflation increased weighing on the country’s growth. Both manufacturing and services sectors were affected by rising input costs.Even data released ...
India’s manufacturing and services sector expanded in August, though the pace of manufacturing growth slowed down.IHS Markit recently released services PMI and manufacturing PMI data. India’s services business activity stood at 56.7 in August compared with 45.4 in July. The ...