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India’s services industry grew faster than expected in August

september 08, 2022by Reacties uitgeschakeld voor India’s services industry grew faster than expected in August

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MUMBAI, India: A survey reported that the services industry, India’s leading sector, grew faster than expected in August.

This growth was due to rising demand and a continued easing in cost pressures, encouraging firms to hire at the fastest pace in more than 14 years, the survey added.

During the April-to-June quarter, India’s economy, Asia’s third-largest, expanded at its fastest annual pace in one year

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