India’s Services Sector Growth Eases In October But Remains Firm Amid Strong Demand and GST Relief - Swarajyamag

India’s services sector witnessed slower growth in October but maintained overall strength, aided by steady demand and the Goods and Services Tax (GST) reforms, The Hindu Businessline reported. According to S&P Global data, the HSBC India Services PMI dropped to 58.9 in October from 60.9 in September, reflecting the slowest growth since May. The deceleration was attributed to higher cost compe…