The Institute for Supply Management said on Tuesday that its non-manufacturing PMI accelerated last month. It was the highest level since August 2022.

Growth in India's dominant services sector remained strong in November despite the steepest rise in prices for over a decade, while consistent demand led to a significant rise in business sentiment and record hiring,

The HSBC India Services Purchasing Managers’ Index (PMI), came in at 58.4 in November, down from 58.5 in October but higher than the 57.7 figure reported in September.

India's Services Purchasing Managers' Index (PMI) remained robust at 58.4 in November, showing little change from October's 58.5, though slightly below the preliminary estimate of 59.2. Demand Supported by International Growth A sub-index for new business indicated strong demand,