Wed, 04 Dec 2013 10:02:06 GMT
India's service sector contracts for 5th consecutive month in November
Business activity in India's service sector recorded a decline in November contracting for the fifth successive month, the latest data unveiled by the Markit Economics and HSBC showed on Wednesday. According to the report, the service sector business activity index jumped from 47.1 in October to 47.2 in the following month staying below a level of 50.