India’s animal spirits stabilize as virus rages across economy

Activity in India’s dominant services sector continued to pick up, with the main index rising to 41.8 in August from 34.2 in July. While that’s a marked improvement from April’s record low of 5.4, a number below 50 suggests it’s still in contraction territory.

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