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: Indian services sector reported sharpest rise in job creation in over 14 years, says survey #IndiaNEWS India’s services sector reported the sharpest rise in job creation in over 14 years in August,

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Indian services sector reported sharpest rise in job creation in over 14 years, says survey #IndiaNEWS
India’s services sector reported the sharpest rise in job creation in over 14 years in August, according to the S&P Global India Services Purchase Managers’ Index released on Monday.The activity picked up after a four-month low – the index stood at 57.2 in August, as compared to 55.5 in July and 59.2 in June.The purchasing managers’ index is an indicator of business activity in the manufacturing and services sectors. S&P Global said that it takes into account new orders, output, employment, suppliers’ delivery times and stocks of purchases to calculate the purchasing managerp&H[^ HܙHXݙH
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