India's service sector activity growth hits 7-year high in January: PMI

The IHS Markit India Services Business Activity Index rose from 53.3 in Dec to 55.5 in January, signalling the strongest upturn in output in seven years, driven by sharp increase in new business order. Meanwhile, the Composite PMI Output Index that maps both the manufacturing and services sector increased from 53.7 in Dec to a seven-year high of 56.3 in Jan.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/386h8w4