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Economic Buzz: India Services PMI Hits 11-Month High at 60.5
05-Aug-2025 11:00
India's services sector gained momentum in July 2025, with the HSBC Services PMI revised up to 60.5 ' the highest since August last year. Strong growth in new orders, foreign demand, and output fueled the expansion. While employment continued to rise, job creation slowed to a 15-month low. Input and output prices climbed more sharply, but business confidence remained upbeat, backed by efficiency, innovation, and digital growth.

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