The S&P Global India services Purchasing Managers' Index fell to 61.2 in May from 62.0 in April, but outstripped the Reuters poll expectation of 60.0. The services sector accounts for more than 50% of India's gross domestic product. Asia's third-largest economy expanded 6.1% in the March quarter, one of the fastest growing emerging markets.
from Economy-News-Economic Times https://ift.tt/E7fadGx
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