View: Animal spirits in India show the slowdown may be bottoming out

The dominant services index rebounded last month, driven by higher orders and strengthening business confidence. The IHS Markit India Services Purchasing Managers’ Index rose to a four-month high of 52.7 in November, the first time in three months that the reading has been above the 50 mark, which indicates expansion.

from Economy-News-Economic Times https://ift.tt/2PTFh22