💨 Abstract

India's services sector saw a significant recovery in October, with the Service PMI index surging to 58.5 from 57.7 in September. This growth, which outpaced the long-run average of 54.1, was attributed to strong sales pipelines and high demand. The sector experienced a 26-month high in job creation, and new export sales showed promising growth due to increased demand from international clients.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖