India’s Services Growth Slows to 17-Month Low in June, Signalling Softer Domestic Demand
NEW DELHI, Jul 4: India’s services sector, long one of the strongest pillars of the country’s economic expansion, lost some momentum in June as domestic demand softened sharply and hiring nearly stalled, according to the latest purchasing managers’ survey, raising fresh questions over the pace of growth in the first quarter of the current financial…
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