Breaking Posted 2 hours ago

India July HSBC Services PMI drops to 53.1 from 57.4

News
India's HSBC Services PMI fell sharply to 53.1 in July from 57.4 previously, signaling a notable slowdown in service-sector activity. The decline weakens growth expectations for Asia's third-largest economy, pressuring INR and potentially affecting emerging-market risk sentiment amid broader Fed hold-tight conditions.
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