Economics
India Services Expands at a Slower Pace in August
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India’s services industry growth cooled in August for a second month after climbing to a two-year high in June, a survey of purchasing executives showed.
The HSBC Holdings Plc and Markit Economics purchasing managers’ index fell to 59.3 from 61.7 in July, according to an e-mailed report today. A reading above 50 indicates an expansion. The index was at 64 in June.