December 5, 2018 / 5:41 AM / 6 months ago

Boom in India's services sector bodes well for GDP - finmin official

NEW DELHI, Dec 5 (Reuters) - Strong growth in India’s services sector “should augur well for 3rd quarter GDP growth,” a top finance ministry official said in a tweet on Wednesday.

Business activity in India’s dominant services sector expanded in November at the quickest pace in four months, lifted by a significant rise in domestic demand, a private survey showed on Wednesday.

The figures showed a "strong increase in business activity and in demand," said here Economic Affairs Secretary Subhash Chandra Garg.

Reporting by Alasdair Pal; Editing by Rashmi Aich

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below