IndiaTimes
India’s services sector sustained strong growth in May, driven by robust export demand and a record surge in hiring. New business expanded sharply, particularly in international markets. However, rising input costs and output charges intensified price pressures, potentially influencing the Reserve Bank of India’s monetary policy decisions…
Read More
India services sector growth steady in May as demand remains strong, PMI shows
India’s services sector sustained strong growth in May, driven by robust export demand and a record surge in hiring. New business expanded sharply, particularly in international markets. However, rising input costs and output charges intensified price pressures, potentially influencing the Reserve Bank of India’s monetary policy decisions…