Economy News
Coronavirus pandemic slows India’s services activity slightly in March: PMI

Activity in India’s dominant services industry expanded for the sixth consecutive month in March, supported by strong domestic demand, but some momentum was lost as authorities imposed fresh restrictions following a surge in coronavirus cases, a survey showed. The results were broadly backed by a Reuters poll last week that predicted India’s economy would grow faster than previously expected this fiscal year but warned a resurgence of coronavirus cases could derail growth.

News Source:- https://www.financialexpress.com/economy/coronavirus-pandemic-slows-indias-services-activity-slightly-in-march-pmi/2228448/