India's services activity expanded at the fastest pace in five months as output and new orders rose at quicker rates, final data compiled by S&P Global showed on Wednesday.
The seasonally adjusted HSBC India Services PMI climbed to 58.8 in April from March's 14-month low of 57.5. Nonetheless, a score above 50.0 indicates expansion. The flash score was 57.9.
The sales growth was boosted by competitive pricing, e-commerce, and particularly strong customer demand for relocation and logistics services, the survey said.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.