India services sector growth touches 10-month high in June: Survey
Indian services sector growth touched a 10-month high in June, fuelled by robust expansion in international sales and job creation, a survey reported. HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June. The PMI threshold of 50.0 separates growth in activity from contraction. Overseas demand improved from Asian, Middle Eastern and US markets.