India’s services sector activity, as measured by the Purchasing Managers’ Index (PMI), reached a 13-year high of 62 in April, according to data released by the S&P Global on Wednesday, despite rising cost pressures for the beginning month of fiscal 2023-24. The seasonally adjusted Services PMI was up from 57.8 in March, supported by healthy inflows of new businesses and favourable market conditions. The latest April value signalled the fastest pace of expansion in output since June 2010. A PMI reading above 50 indicates an expansion in services activity.
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Indian American Sanjay Patel to run for US Congress from Florida District
HOUSTON (TIP): Indian American , Sanjay Patel has announced that he will run for the US House of Representatives from Florida district. He will run against incumbent Republican Bill Posey. Patel, a resident of Satellite Beach, announced […]
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