India’s Services Sector Accelerates; Exports Slow
India’s service sector regained momentum in November, pushed by strong domestic demand that helped offset the slowdown seen in October. On the other hand, the external demand weakened noticeably, underscoring an emerging split between the strength of India’s internal market and challenges in international trade. HSBC’s India Services Purchasing Manager’s Index (PMI), compiled by S&P…
Abdullah Ansari