Services sector registers strongest growth in four months, boosted by rising demand and lower inflation

Services sector registers strongest growth in four months, boosted by rising demand and lower inflation

NEW DELHI: India’s services sector growth reached a four-month high in December, driven by a surge in new business inflows on strong demand conditions, and a reduction in inflationary pressures, according to a monthly survey released on Monday.The seasonally adjusted HSBC India Services Business Activity Index rose to 59.3 in December, up from 58.4 in…

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