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Service sector stuck in contraction, business falls

Service sector stuck in contraction, business falls

New Delhi [India], August 4 (ANI): The Indian service sector remained in the red during July largely due to Covid-19 pandemic and local restrictions, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Wednesday. Business activity, new orders and employment declined further but in all cases rates of...

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ANI IHS India Services Business Activity Index Indian New Delhi

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