New Delhi, Dec. 3 -- India's services sector rebounded in November, as new business intakes increased amid subdued price pressures and improving demand, a private survey showed on Wednesday.
The HSBC India Services Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 59.8 in November from 58.9 in October, marking a pickup in growth after the index expanded at its slowest pace since May in the previous month.
Despite monthly swings, the index has remained above the 50-point threshold separating expansion from contraction for over four years, signalling the sector's sustained resilience despite headwinds.
While growth gathered momentum, input costs and selling prices rose at a more moderate pace, and firms remained optimisti...
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