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Thursday, 3 June 2021

India's services activity shrank in May on lockdowns, job cuts quicken

Activity in India's dominant services industry contracted in May for the first time in eight months as strict lockdowns to curb the second wave of Covid-19 dampened demand, prompting firms to cut jobs at the fastest pace since October, a private survey showed.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/34I1yqe

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