India’s June services growth slips to 17-month low as demand, hiring cool, PMI shows

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India’s June services growth slips to 17-month low as demand, hiring cool, PMI shows

AI Summary

India's service sector growth slowed in June to a 17-month low, reflecting cooling demand and hiring as indicated by the PMI survey. This slowdown signals challenges ahead for the country's economic momentum.

World Markets India service sector PMI economic growth demand hiring

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