India’s Services Sector Slows Down – A Warning Sign or Just a Small Setback?

New Delhi India’s services sector is slowing down, with growth at its lowest level in over two years. The HSBC India Services PMI dropped from 59.3 in December to 56.5 in January, showing a drop in business activity and new orders. For those unfamiliar, a PMI above 50 means growth, while below 50 signals trouble. […]