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India's services growth hits six-month high on strong domestic demand

3 Jun 2026via The Economic TimesSource

India's services growth hits six-month high on strong domestic demand. The S&P Global Services PMI rose to 61.0 in May, the highest since November, driven by robust domestic demand. New orders surged with a sharp increase in business confidence. Output and employment expanded at faster rates.

📊 STOCKS: | 🏢 SECTOR: Macro | #HIGHIMPACT #PMI

#PMI#services#domestic-demand

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