India’s services sector activity expands at fastest pace in 10.5 years in October: PMI

The Composite PMI Output Index — which measures combined services and manufacturing output — rose from 55.3 in September to 58.7 in October, signalling the strongest monthly expansion since January 2012. (Representational image) India‚Äôs services sector activity expanded at the strongest pace in ten-and-a-half years in October, driven by a substantial upturn in business activity …

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