India’s February Services PMI hits 6-month high

Indias February Services Pmi Hits 6 Month High.jpg

India’s services sector performed exceptionally well in January, as purchasing managers’ index (PMI) surged to six-month high at 61.8 against 59 in December. Job opportunities, too, recorded a rise last month. Services has more than 53 per cent share in gross value added (GVA). “New business expanded at a faster pace and managers’ expectation for … Read more