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SERVICES SECTOR GROWS SLIGHTLY IN APRIL
Salar
|07 May, 2025
India’s service sector activity showed a slight acceleration in April, primarily due to a faster increase in new order inflows, according to a monthly survey released on Tuesday.
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The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 58.7 in April from 58.5 in March, indicating robust expansion in service sector output, well above its long-term average of 54.2.
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