PMI: Retreating momentum dents confidence of services, manufacturing firms
Published on: Jan. 6, 2026, 3:32 p.m. | Source: Livemint
Business activity in India's sectors weakened, with the services PMI at an 11-month low and manufacturing PMI at a two-year low. Companies are cautious, citing inflation and competition, while expectations for future support may aid recovery in domestic demand.
