https://www.taxtmi.com/news?id=32928 India's services sector expanded at a reduced pace in January with the HSBC Services PMI falling to a level showing slower growth; softer domestic sales and output were offset partially by stronger international orders and export rebound. Firms increased hiring due to capacity pressures while rising staff and food costs pushed up prices charged. The Composite PMI also eased, reflecting moderated private sector momentum. en-us Wed, 05 Feb 2025 11:31:03 +0530 Wed, 05 Feb 2025 11:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32928 India's services sector expanded at a reduced pace in January with the HSBC Services PMI falling to a level showing slower growth; softer domestic sales and output were offset partially by stronger international orders and export rebound. Firms increased hiring due to capacity pressures while rising staff and food costs pushed up prices charged. The Composite PMI also eased, reflecting moderated private sector momentum. News - Wed, 05 Feb 2025 11:31:03 +0530 https://www.taxtmi.com/news?id=32928