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India’s services activity expands in November on strong demand

Dec 04, 2019 14:45 IST

India's services sector seemed to bounce back to growth in November, expanding at its fastest pace in four months. The Nikkei Purchasing Managers' Index rose to 52.7 last month from 49.2 in October, above the 50-mark separating contraction from growth on a monthly basis. Growth was apparently driven by a strong pick-up in new business.

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